WWE Finds an Unusual Tag Team Partner in the Streaming Game

WWE and Discovery Communications were the two publicly traded companies out of the five entities that participated in FloSports’ latest round of capital raising. All told, this brought in just over $21 million for the fledgling company. This gives FloSports a total of $32 million in funding from a variety of sources. The monies will be used, in FloSports’ words, “to improve our digital platform and add OTT apps like Roku and Apple TV. We’ll be enhancing your user experience and adding new features to our live streams. And we’ll put more resources toward research and development.” – Eric Volkman, The Motley Fool http://ift.tt/2bwQr8u

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.