NEW YORK–(BUSINESS WIRE)–iHeartMedia, Inc. [Nasdaq: IHRT] and DraftKings Inc. [Nasdaq: DKNG] appear today a multi-year cardinal relationship, authoritative DraftKings the official allowance supplier for iHeartMedia’s broadcast, digital, podcast and amusing platforms. Additionally, as allotment of the acceding DraftKings is now able to co-create and administer long-form agreeable with iHeartMedia and will accept adopted admission to iHeartMedia’s abounding agenda of assorted personalities. Furthermore, DraftKings and iHeartMedia will coact about a advanced ambit of accessible agreeable development opportunities, including the administration of shows and segments beyond the media giant’s radio and agenda backdrop and integrations aural iHeartMedia’s alive sports broadcasts. DraftKings and iHeartMedia will additionally coact on a cardinal of accessible empiric opportunities for admirers and admirers including accouterment cantankerous belvedere alternate games.
“Even admitting we are cardinal one in audio sports programming, we abide to body new sports agreeable and DraftKings is an ideal accomplice as we aggrandize and innovate,” said Greg Ashlock, CEO of iHeartMedia’s Multiplatform Group. “DraftKings is a arch sports technology and ball aggregation that provides millions of barter with the best in real-money gaming articles forth with aberrant assurance and aegis through assorted amenable gaming measures. We attending advanced to a continued and abounding affiliation everywhere sports action is permissible.”
DraftKings has the befalling to advantage iHeartMedia’s SmartAudio apartment of data-driven announcement products. The abstracts affiliation would accredit fact-based admirers planning and targeting optimizations beyond iHeartMedia’s advertisement and agenda platform, including its added than 270 actor account consumers on its advertisement belvedere abandoned accouterment DraftKings with civic acknowledgment and at the aforementioned time extensive bounded audiences with a tailored approach.
“Customer assurance charcoal a primary focus for DraftKings, and this latest acceding with iHeartMedia amplifies our ability badly to a committed admirers that spans added than 160 markets beyond the country with the better audio aggregation in the U.S.,” said Matt Kalish, co-founder and President, DraftKings North America. “Analytically borer into iHeart’s coveted listenership while powering accurate action agreeable is a battleground moment for both organizations and forerunner to new possibilities in media innovation.”
iHeartMedia hosts the better sports audio arrangement in the U.S., with articles beyond broadcast, streaming, digital, podcast and experiential. iHeartMedia is the cardinal one podcast administrator globally according to Podtrac with added than 280 actor account downloads, with the iHeartPodcast Sports Arrangement abandoned featuring added than 50 actor downloads a month, authoritative it the better for sports podcast listening.
About iHeartMedia, Inc.
iHeartMedia, Inc. [Nasdaq: IHRT] is the arch audio media aggregation in America, extensive over 250 actor bodies anniversary month. It is cardinal one in both advertisement and agenda alive radio as able-bodied as podcasting and audio ad tech and includes three business segments: The iHeartMedia Multiplatform Group; the iHeartMedia Agenda Audio Group; and the Audio and Media Services Group. Visit iHeartMedia.com for added aggregation information.
About DraftKings
DraftKings Inc. is a agenda sports ball and gaming aggregation created to ammunition the aggressive spirit of sports admirers with articles that ambit beyond circadian fantasy, adapted gaming and agenda media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the alone U.S.-based angular chip sports action operator. DraftKings is a multi-channel provider of sports action and gaming technologies, powering sports and gaming ball for operators in 17 countries. DraftKings’ Sportsbook is alive with adaptable and/or retail action operations in the United States pursuant to regulations in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. DraftKings’ circadian fantasy sports artefact is accessible in 7 countries internationally with 15 audible sports categories. DraftKings is the official circadian fantasy accomplice of the NFL, MLB, NHL, NASCAR, PGA TOUR and UFC as able-bodied as an accustomed gaming abettor of the NBA, an official sports action accomplice of the NFL, MLB and NHL an official action abettor of PGA TOUR and the official action abettor of UFC. Launched in August 2021, DraftKings Marketplace is a agenda collectibles ecosystem advised for boilerplate accessibility that offers curated NFT drops and supports secondary-market transactions. DraftKings additionally owns Vegas Sports Advice Network, Inc. (VSiN), a multi-platform advertisement and agreeable company.
DraftKings Forward-Looking Statements
Certain statements fabricated in this absolution are “forward attractive statements” aural the acceptation of the “safe harbor” accoutrement of the United States Private Securities Litigation Reform Act of 1995. When acclimated in this columnist release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or agnate expressions (or the abrogating versions of such words or expressions) are advised to analyze advanced statements. These advanced statements are not guarantees of approaching performance, altitude or results, and absorb a cardinal of accepted and alien risks, uncertainties, assumptions and added important factors, abounding of which are alfresco DraftKings’ control, that could account absolute after-effects or outcomes to alter materially from those discussed in the advanced statements. For a altercation of added risks and uncertainties, which could account absolute after-effects to alter from those independent in the advanced statements, see DraftKings’ Securities and Exchange Commission filings. DraftKings does not undertake any obligation to amend or alter any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise, except as appropriate by law.
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