Better Collective buys Action Network for $240 million
05/03/2021 The Action Network has a new owner. The network, which focuses on sports betting tracking and information, was launched by The Chernin Group in October 2017, with ESPN’s Chad Millman coming on ahead of that launch as head of media. It started as a combination of three existing companies Chernin had previously bought (Sports Insights, FantasyLabs and SportsAction), but quickly expanded and made some notable hires, including Matt Moore from CBS and Darren Rovellfrom ESPN. Now, they’ve been acquired for $240 million by the Denmark-based Better Collective, which already owns plenty...
Source: awfulannouncing.com