Hi Sports Tech Fans,
It was an interesting week in the world of sports.
Adidas lost its battle to protect its iconic 3 stripe design in the EU. It is a major loss for the sportswear giant. They will likely appeal against the ruling but it could be a major setback for the German company as they fight likely incoming competitors to use the mark and similar marks.
Facebook is launching its own crypto currency with 27 partners as it looks to lock users into an ecosystem compete with its own currency. It will be usable in WhatsApp & Messenger. It shows sports how they need to engage with fans who are life long fans and likely open to using a currency for their team.
DAZN’s revenue is up 950% year on year as it expands its offering of sports around the world on the ‘Netflix model’. It beat out ESPN in terms of monthly revenue from the App stores last month and looks set to continue to grow as the demand for sports shows not sign of letting up, whilst the band of cord cutters and cord nevers continues to grow.
HTC is launching its latest version of its VR device, the Vive, as Youtube launches AR for its creators which could be the biggest change to the platform since they introduced algorithms to suggest new videos for viewers.
The UFC continue its charge on creating and owning its own content and in house production with a new Las Vegas production unit that will host multiple different sports events including UFC and eSports.
Bebo is back in the news as Twitch has acquired the platform that has pivoted to an eSports tournament organising platform. It seems like an age ago that it was sold for $850 million as a genuine competitor to Facebook but it got it horribly wrong when it came to scale. But Michael Birch bought it back for $1 million and sought to create a new product from its ashes.
More of the usual topics below on eSports, gambling, livestreaming, etc.
The video of the the week is on Tottenham Hotspurs’ new ground and the technology involved to make it a leading stadium in the world through its partnership with HP Enterprise as well as other technology providers. It is the second last story below.
The Podcast of the week comes from Paul Martino of Bullpen Capital. They recently launched a new podcast sharing lessons they have learned from their friend and mentor Bill Campbell. This week Ben Horowitz join Paul to discuss all things innovation. It is the last story below.
Have a great weekend.