EverPass Media acquired UPshow, a marketing platform that allows live sports to be streamed at commercial establishments. This acquisition enables bars, restaurants, casinos, and other businesses to stream "Sunday Ticket" games, which were previously only available through a subscription to satellite TV provider DirecTV.
EverPass Media owns the commercial rights to "Sunday Ticket," a National Football League (NFL) package that provides all out-of-market NFL games. The company is a joint venture between the NFL and private equity firm RedBird Capital Partners, and recently acquired UPshow, a platform with the tech capabilities to allow commercial establishments to stream live sports.
EverPass Media recently brought on a new investor, TKO Group Holdings, which is the newly merged company combining Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE). TKO is majority-owned by Endeavor Group Holdings. This investment is expected to support EverPass Media's growth as it continues to innovate around the out-of-home viewing experience.