Wave Sports + Entertainment reposted this
From day one, the goal for Wave Sports + Entertainment has always been to build a Sports, Media, and Entertainment Company for the next generation of fans, so the formation, and announcement, of Wave Media Agency, is just simply in line with our core mission and vision that began 7 years ago. During that time, Wave has built many of the largest and most highly engaged fandom centric communities on the internet, which has “made our team, some of the most—call it highly sought-after experts—when it comes to short form video programming and community building,” Wave CEO Brian Verne said. “We always believed that short form video is paramount when it comes to cultivating and building fandom.” Partners “coming to Wave are looking to acquire new fans, strengthen relationships with existing followers, and—notably—generate revenue as social moves from being a marketing-focused engagement platform to a money-driving distribution tool.” Short form video built for social is the next frontier for sponsorship dollars, thus while billions of dollars are spent annually across more traditional inventory, the vast majority of young fans are found on social, so it was merely a matter of time before sponsorship dollars would follow. So in short, WMA marries our production and distribution expertise to help the top leagues, rightsholders, and sports properties reach, engage, and monetize the next generation of fans. Congrats, Team. https://lnkd.in/gJF266Rb
Super smart as leagues and teams realize they are in the DTC business which is something they don't necessarily have experience and that is a LOT harder than it looks.
You spoke to my Sports Marketing class at Loyola Marymount about Wave & your journey as an Entrepreneur back in 2019… amazing to see the growth of the company since then. Rooting for you and Wave as a whole! Brian Verne Wave Sports + Entertainment
We're just getting started!
Some are saying signing with WMA is Steve Ballmer's smartest move yet. Congrats 🚀
Huge congrats my friend
Very cool…
NBA deals announced....$76B dollars worth of deals. Sports are the most valuable asset a portfolio can have. Well played, Verne!
We love to see it. Smooth moves.
CEO, Kapwing » Make video content 10x faster for better marketing, comms, and client services
6moPumped to see this and to work with you on the journey!