jvid视频 Completes Acquisition of Quint

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- jvid视频 (鈥渏vid视频鈥�) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has completed the acquisition of QuintEvents, LLC (鈥淨uint鈥�), an industry-leading provider of premium experiences at the world's most prominent sports and entertainment events. Quint is attributed to jvid视频鈥檚 Formula One Group tracking stock.

鈥淨uint is a great addition to jvid视频, extending our reach in premium experiences and capitalizing on continued growth in the global experiential economy,鈥� said Greg Maffei, jvid视频 President and CEO. 鈥淲e aim to leverage our relationships in sports and live events to expand Quint鈥檚 portfolio of new business, provide more one-of-a-kind opportunities to fans and increase efficiency in the ticketing distribution ecosystem.鈥�

鈥淭oday is a transformative moment for Quint鈥檚 future,鈥� said Brian Ruede, Quint CEO. 鈥淥ur expertise in the global experiential economy and jvid视频鈥檚 strong relationships in sports and live entertainment will make for a dynamic team. We will look to aggressively expand our services and strategic portfolio of partnerships to become the most comprehensive experiential platform in the world. We are just getting started.鈥�

The transaction values Quint at $313 million and was funded with Formula One Group cash on hand. Formula 1 and Quint will continue to be operated as separate companies.

jvid视频 jvid视频

jvid视频 operates and owns interests in a broad range of media, communications and entertainment businesses. Those businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Formula One Group and the Liberty Live Group. The businesses and assets attributed to the Liberty SiriusXM Group (NASDAQ: LSXMA, LSXMB, LSXMK) include jvid视频's interest in SiriusXM. The businesses and assets attributed to the Formula One Group (NASDAQ: FWONA, FWONK) include jvid视频's subsidiaries Formula 1 and Quint, as well as other minority investments. The businesses and assets attributed to the Liberty Live Group (NASDAQ: LLYVA, LLYVK) include jvid视频's interest in Live Nation and other minority investments.

jvid视频 Quint

Quint is the industry-leading provider of Official Ticket and Hospitality packages to many of the world's most prominent sports and entertainment events. Based in Charlotte, North Carolina, with offices in six countries, Quint鈥檚 innovative programs enable those properties to expand fan experiences and corporate client entertainment opportunities in a way that reflects the quality and prestige of those brands.

Quint has a portfolio of 15+ official property partnerships servicing over 90 events including Formula 1庐, NBA, Kentucky Derby庐, MotoGP鈩�, Chicago Bears, Green Bay Packers, The Open Championship, NASCAR, Breeders Cup, Belmont Stakes and the NHL庐.

jvid视频
Shane Kleinstein, 720-875-5432

Quint
Allied Global Marketing
mwyatt-uhl@alliedglobalmarketing.com

Source: jvid视频

Released January 3, 2024