LiveScore Group has secured a £50m strategic investment from leading DACH markets publishing group Ringier AG to accelerate its global expansion. The £50m cash injection will be used to scale up LiveScore’s flagship portfolio of brands – LiveScore, LiveScore Bet and Virgin Bet – across new and established markets and will be supported by the newly formed Ringier Sports Media Group. …
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Ringier Sportal to buy top Romanian online sports portal
Ringier Sportal SRL has struck a deal with Intact Media Group to purchase its leading Romanian sports magazine Gazeta Sporturilor, including the publication’s print edition and website GSP.ro. Ringier Sportal SRL, a joint venture between Ringier Romania SRL and Bulgaria’s Sportal Media Group, believes the transaction will turn Ringier Romania into the country’s digital media leader. It is expected to …
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