TKO Group Holdings, the parent company of UFC and the WWE, which is controlled by Endeavor, has made a strategic investment in EverPass Media as the media platform gains the ability to stream NFL‘s Sunday Ticket games for commercial businesses, per The Hollywood Reporter.
The platform distributes live sports and other entertainment content to businesses and is backed by RedBird Capital Partners and 32 Equity, the strategic investment arm of the NFL. EverPass has acquired UPshow, an entertainment and performance marketing platform with streaming capabilities, giving it the ability to stream NFL Sunday Ticket starting with the upcoming 2024 NFL season. Financial details of the acquisition or of the investment by TKO were not disclosed.
As part of the investment, Mark Shapiro, TKO’s president and chief operating officer, has joined the board of EverPass.
EverPass and UPshow are also both partners for Peacock Sports Pass, which offers businesses access to events from Peacock’s live sports content library, including Big Ten football and basketball, Premier League and the NFL’s first regular-season game in Brazil.
“Adding UPshow’s impressive technology stack to our existing and growing content library gives us the infrastructure to continue to scale our business model and innovate around the out-of-home viewing experience while also giving business owners complete control of their entertainment content,” Derek Chang, executive chairman of EverPass, said.
