Contact Information: JUMPTV PR / IR Contacts North America: Lewis Goldberg KCSA Worldwide +1-212-896-1216 Nada Usina President JumpTV +1-407-936-0809
JumpTV Secures Exclusive Online Streaming and Mobile Rights for FIFA 2010 World Cup South American Qualifying Matches
Company Takes Equity Stake in SCP Worldwide's Rights to Distribute to ESPN, DirecTV, Dish Network and Others
| Source: JumpTV
TORONTO and NEW YORK, NY--(Marketwire - January 16, 2008) - JumpTV (TSX : JTV ) (AIM : JTV ), a
leader in streaming premier sports events and international television over
the Internet, announced today that it has acquired from SCP Worldwide the
exclusive North American online and mobile rights for the 70 remaining
matches of the FIFA 2010 World Cup South American region qualifying matches
and up to 40 associated "friendly" matches.
JumpTV also announced that is has taken an equity stake in SCP Worldwide's
overall broadcast rights for this content. SCP and JumpTV have jointly
secured distribution deals for this content with ESPN, DIRECTV® (NASDAQ : DTV ), DISH Network® (NASDAQ : DISH ) and InDemand to create an integrated
coverage package.
JumpTV paid approximately US$3.5 million for a minority stake in the rights
for all broadcast platforms, including DTH, cable, terrestrial, Internet
and mobile. As part of the transaction, JumpTV will exclusively carry the
live games online and will sub-license on-demand highlights to other
potential online partners. JumpTV and SCP will also select and sub-license
to mobile partners.
"JumpTV is committed to investing in world-leading sports content", said
Jordan Banks, Chief Executive Officer of JumpTV. "Our partnership with SCP
is evidence of our momentum in the sports arena and particularly in respect
to sports on the Internet."
From June 2008 through November 2009, JumpTV will offer all 70 games of the
tournament. The matches will be played between the 10 South American
Federations, which have won more World Cups in the past 13 tournaments than
any other continent and includes world powerhouses -- Brazil and Argentina.
JumpTV will also offer up to 40 associated "friendly" matches over the
term. Pricing for the pay-per-view packages will be determined at a later
date and certain games may be offered on a free, ad-supported basis.
Nada Usina, President of JumpTV Sports said, "The 70 games and matches that
JumpTV will be streaming live online represents some of the most valuable
advertising inventory we've ever offered. For the major brands looking to
reach the world's most passionate, involved audiences, these matches pose a
unique opportunity. JumpTV's ability to not only stream pre-roll ads, but
also to customize an advertising environment around the broadcast and
target consumers in an incredibly focused fashion, is a tremendous asset to
advertisers."
G. Scott Paterson, executive chairman of JumpTV added, "With over 90
Hispanic television channels streaming live globally on JumpTV, we are
uniquely positioned to optimize the marketing of the South American World
Cup qualifying tournament. We are delighted to be partnering with SCP,
DirecTV, Dish Network, inDemand and ESPN to bring this valuable sports
property to soccer fans across North America."
"To have JumpTV become a strategic partner with us for this property will
allow us to maximize the value of this prestigious tournament," said Chris
Bevilacqua, partner, SCP Worldwide. "After working closely with them on
their carriage of the first four rounds of the tournament, it became very
clear that they were the right company to move forward with. This also
signifies the first of what we expect will become a deeper strategic
relationship between our two companies."
About JumpTV
JumpTV is a leading distributor of live sports and international television
over the Internet. With more than 300 television channels from 75+
countries and more than 175 partnerships with sports teams and leagues,
JumpTV delivers full-screen sports, news and entertainment content on a
real-time basis from all corners of the globe to computers and IP-enabled
devices. For more information, visit www.jumptv.com and
www.collegesportsdirect.com.
About SCP Worldwide
Based in New York City, SCP Worldwide is a sports, media and entertainment
company with worldwide assets that is owned and operated by David W.
Checketts and his partners, Mike McCarthy, Ken Munoz, Chris Bevilacqua,
Dean Howes and Alan Pace. Together they form an experienced management
team with a proven track record in the sports, entertainment, media and
financial fields with a combined impressive resume which includes Madison
Square Garden and its cable networks MSG, FSN New York, the first-ever
college sports network, CSTV, the first-ever college conference network,
the MTN and financial stalwart Lehman Brothers.
SCP Worldwide's growing cadre of properties include: the National Hockey
League's St. Louis Blues, Scottrade Center and Kiel Opera House in St.
Louis, Missouri; Major League Soccer's Real Salt Lake and Sports Radio KALL
700 AM in Salt Lake City, Utah; a controlling interest in New York City
based Running Subway, a live entertainment company which is once again
producing "Dr. Seuss' How The Grinch Stole Christmas! The Musical" on
Broadway this past Holiday Season; and heralded television and broadband
production company, Tupelo-Honey Productions. In addition, SCP Worldwide
has a long-term marketing partnership with world renowned soccer club Real
Madrid.
SCP Worldwide is also constructing a soccer-specific stadium with related
entertainment elements in Sandy, Utah.
Forward-looking statement
Certain statements herein may constitute forward-looking statements,
including those identified by the expressions "may," "will," "should,"
"could," "anticipate," "believe," "plan," "estimate," "potential,"
"expect," "intent" and similar expressions to the extent they relate to
JumpTV or its managements. These statements reflect JumpTV's current
expectations and are based on information currently available to
management. These forward-looking statements are subject to a number of
risks, uncertainties, assumptions and other factors that could cause actual
results or events to differ materially from current expectations, including
the matters discussed under "Risk Factors" contained in JumpTV's prospectus
(admission document) dated August 1, 2006 and the matters discussed under
"Risk Factors" contained in JumpTV's final short form prospectus dated
February 19, 2007. These forward-looking statements are made as of the date
hereof, and JumpTV assumes no obligation to update or revise them to
reflect new events or circumstances.