Interesting note....
The ownership Group of On3 acquires Rivals
On3 has acquired Rivals and forms partnership with Yahoo Sports.
www.on3.com
NASHVILLE, TN — The ownership group behind On3, led by Shannon Terry, has reached an agreement to acquire Rivals—the original authority in recruiting, high school sports, and fan communities—from Yahoo Sports.
On3 and Rivals will create a network that will serve millions of fans and student-athletes nationwide, offering unparalleled coverage of college and high school sports, recruiting, and the rapidly evolving NIL landscape. On3 and Rivals subscribers will gain access to premium content across both platforms—dramatically increasing the value of each subscription and elevating the fan experience.
As part of the transaction, Yahoo Sports will take an ownership stake in the On3 parent company. Yahoo Sports will have a seat on the On3 parent company board and leverage its unique scale to help On3 and Rivals grow their content and subscription businesses.