• 1190 SPORTS, THE COMPANY RESPONSIBLE FOR THE HUGE EXPANSION OF THE REACH AND INTERNATIONAL DISTRIBUTION OF SERIES A & B OF THE BRAZILIAN CHAMPIONSHIP, BECOMES CONSULTANT TO THE FUNDS IN THE PROCESS OF CREATION OF THE NEW LEAGUE
• SPECIALIST IN SPORTS RIGHTS MANAGEMENT, THE COMPANY EXPANDED IN JUST 3 SEASONS THE EXPOSURE OF THE MAIN BRAZILIAN FOOTBALL TOURNAMENT, WICH IS CURRENTLY BROADCASTED TO +150 COUNTRIES, WITH A POTENTIAL REACH OF +650 MM PEOPLE.
Sāo Paulo 5th of April 2023. 1190 Sports, a global company dedicated to the management and commercialization of sports broadcasting, image and distribution rights, was selected by private investment companies Serengeti Asset Management and Life Capital Partners (LCP) – partners of Liga Forte Futebol (LFF)- as Sports Business Advisor.
“We are very excited to announce our partnership with what we consider to be the leading manager in the field of sports broadcast marketing and commercial rights for sports teams in Latin America. This collaboration represents a significant step towards our vision of creating a fairer and competitive league that will captivate fans around the world. We look forward to contributing to the continued development of Brazilian football and are eager to build on the Serengeti experience as we move towards an even more exciting and competitive future for sports”, said Jody LaNasa, founder and CEO of Serengeti Asset Management.
In this role, 1190 Sports, holder of the international broadcasting rights of the Brasileirāo, brings extensive industry expertise and sports business experience to develop a world-class business plan and rights management strategy for the Brasileirão. In this sense, the company has in its portfolio the creation of a process that revolutionized Brazilian football, providing it with unprecedented exposure.
“A Brazilian League has enormous potential to quickly become one of the most innovative and interesting initiatives in the world of football”, says Hernan Donnari, CEO and co-founder of 1190 Sports and adds: “World-class football leagues are proof that the unity and a balanced and meritocratic distribution of resources not only increase the competitiveness and appeal of the championships, but also generate even greater revenues. With Brazil being the main exporter of players in the world, this completes a virtuous circle to the benefit of all clubs, something that is also expected from such a football powerhouse”.
In just over two and a half years, 1190 Sports managed to broadcast games from the Séries A and B of the Brasileirão to more than 150 countries on FTA TV, Pay TV, PPV (pay per view) and streaming, in order to reach a potential audience of +650 MM of people around the world. Today the games are broadcasted in 13 languages, including Portuguese, Spanish, English –this being the first time that distribution in that language takes place in the US– and in China in Mandarin. In addition, the matches are also available on BrasileiraoPlay, the official Brasileirão streaming platform outside Brazil, which has subscribers in over 90 countries. The management and sales of broadcasting rights abroad are considered the main strategic path for the future growth of the Brazilian league.
“1190 Sports plays a vital role as a strategic partner in the management of the Brazilian league, with a track record of achievements in the national football business industry that is unparalleled by any other company in the market”, says Leonardo Caetano, Country Manager at 1190 Sports Brazil. He recalls that the agreement signed with the CBF in 2019 for broadcasts abroad involved the participation of the 40 clubs that are part of Series A and B, a demonstration that it is possible to expand the conversation with all parties involved in the creation of the league.
Composed by a solid team of specialists with different backgrounds and vast experience in sports management, 1190 Sports operates globally and is led by Hernan Donnari, CEO & co-founder, while Leonardo Caetano, as Country Manager, heads the team based in Brazil. The company has professionals with over 20 years of experience in sports and entertainment content development, production and operations gained in international companies and specialists in championships’ broadcasting rights negotiation with Conmebol, Concacaf, UEFA and FIFA.
Currently, 1190 Sports also manages the international broadcasting rights of Campeonato Paulista, Liga Argentina de Futbol (as part of AFD, Argentina Football Distribution) and Liga1 Peru. In addition, the company is part of the consortium that manages the broadcasting, image and sponsorship rights of “La Roja” – the Chilean football teams – for the 2023-2026 period, as well as the sponsorships for the Peruvian national team, among other properties.
In all these markets, 1190 Sports already works in partnership with Serengeti in several projects.
ABOUT 1190 SPORTS:
1190 Sports is a global company dedicated to the management and commercialisation of sports rights – including broadcasting, image and distribution rights – whose value proposition allows leagues, federations, clubs and brands to strengthen their connection with consumers. Based on long-term relationships, an associative business model and innovative commercial management of rights and sponsorships, the 1190 Sports proposal seeks to boost the income of its partners, generating increased benefits for all parties over time. With headquarters in Miami and global presence, 1190 Sports manages the international broadcasting rights of the two most important leagues in Latin America among other properties. For more information visit: www.1190sports.com
ABOUT SERENGETI ASSET MANAGEMENT:
Founded in 2007 by Jody LaNasa, Serengeti is a value-driven investment firm focused on providing solutions for innovative private companies and their shareholders. Our capital solutions seek to address complex situations through structure and creativity. Serengeti manages funds for institutional investors, including pensions, endowments and large family offices. For more information visit: www.serengeti-am.com