HLBZ - Helbiz Skyrockets on Partnership with FOX Networks Group

Helbiz, Inc. (NASDAQ: HLBZ) stock jumped more than 140% after the provider of micro-mobility services announced an agreement between Helbiz Media, the Company’s new streaming entertainment service and exclusive distributor of the Serie BKT media rights worldwide, and FOX Networks Group to broadcast the Italian Serie B championship across the USA and the Caribbean. This revolutionary partnership marks Helbiz Media’s arrival in North America and is the first time the entire Serie B championship will be available to view in this region.

The Company indicates that it will provide FOX with exclusive audiovisual rights to broadcast the top Serie B matches and game highlights live on the FOX Sports family of networks. FOX will broadcast three Serie B games per week in HD with English language commentary, and Helbiz Live will feature commentary in Italian for all Italians living in America.

“This season has marked an enormous international growth of Serie B following the recent broadcast agreements announced in several countries on three continents,” said Mauro Balata, President of Lega Serie B. “Fox and the North American market was the missing piece. It was an ambitious goal of ours, only a dream until a few months ago and we are honored to have achieved it. It gives us great satisfaction to be able to reach our Italian fans who are in the United States. We thank the many credible investors who operate in this market that are betting on our championship.”

This agreement also serves as a milestone for Serie B, following the addition of other newly confirmed broadcast markets including Germany, Austria, Switzerland, Balkans, Greece, Spain, Latin America, Indonesia, Romania and Israel. Broadcasting across these regions will provide the Serie BKT with continued growth, ultimately turning the championship into an international soccer attraction.

The post Helbiz Skyrockets on Partnership with FOX Networks Group first appeared on Financial Buzz .

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