Snap

Eurosport partners with Snap on Olympics coverage

Eurosport has agreed a content and advertising deal with Snap to bring coverage of the 2018 Winter Olympic Games in PyeongChang to Snapchat. Different types of curated content from the games will appear on Snap’s Discovery platform – including behind-the-scenes action from Olympic snowboarding, skiing and ice hockey events, and content from athletes and influencers. […]

Snap and NBCUniversal launch digital content studio

Snap and NBCUniversal are partnering on a new digital content studio that will make made-for-mobile programming that will primarily debut on Snapchat. The joint venture will be based in Santa Monica, California, and will initially focus on developing and producing Shows – including scripted and other genres – for the Snapchat platform. NBC Entertainment veteran […]

Report: Facebook, Twitter, Snap bid for World Cup clips

Facebook, Twitter and Snap have reportedly offered 21st Century Fox “tens of millions of dollars” to broadcast clips from next year’s World Cup. According to a Bloomberg report, Fox, which shares the US broadcast rights to the Russia-hosted football tournament with Telemundo, is mulling whether to sell exclusive rights to one buyer or “spread them […]

NBCUniversal ploughs US$500m into Snapchat

NBCUniversal has invested US$500 million (€470 million) in Snapchat’s IPO last week as the latest phase of its ongoing investment in digital media assets. The Comcast-owned broadcast and studio outfit confirmed the purchase after it was reported by NBC-owned CNBC. According to the news outlet, Snap’s stock allocation to NBCUniversal seemed to be the only […]

Snapchat IPO values the company at US$28.3bn

Snapchat parent company, Snap, closed its first day of trading with a stockprice of US$24.48, giving the messaging app a valuation of US$28.3 billion. Snap priced its initial public offering of 2 billion shares of Class A common at US$17 per share, for a total offering size of US$3.4 billion – higher than the US$3 billion it said […]

Snapchat lists traditional TV among competitors in IPO filing

Snapchat cited traditional companies in the TV space among its competitors, as it filed papers for a planned US$3 billion IPO. The firm, which described itself as a “camera company” in its S1 filing with the SEC, said it aimed to raise up to US$3 billion in a stock market debut that could value the […]

Report: Snapchat files for IPO

Snapchat has reportedly filed for an initial public offering (IPO) that could value the firm at as much as US$25 billion. According to Wall Street Journal and Reuters reports, Snapchat, now known formally as Snap Inc, has confidentially filed paperwork with the US Securities and Exchange Commission and is expected to IPO as early as March. […]

Snapchat makes hardware move with video Spectacles

Snapchat is making its first move into hardware with the launch of video camera-equipped sunglasses, called Spectacles. Announcing the launch over the weekend, Snapchat said that the glasses can be used to easily create Snapchat Memories – a feature the company introduced earlier this year to let users save Snaps and Stories. “Spectacles connect directly […]

Sky Deutschland takes Snap to Xbox One

Pay TV operator Sky Deutschland has make its online services Sky Online and Snap available on the Microsoft Xbox One game console platform. The agreement means that Xbox One users will be able to view a range of Sky content, including full access to live sports content via day tickets, on their game consoles. Snap […]

Sky Deutschland back in the black, plans on-demand service

Sky Deutschland has returned to profit in the quarter to September and announced plans to bring all the content on its Sky Go and Snap on-demand services to TV via Sky+ boxes. Sky turned in a positive net income of €12 million for its first fiscal quarter, against a loss of €14 million last year, […]

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