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    VPLAY B   SE0012116390

VIAPLAY GROUP AB (PUBL)

(VPLAY B)
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Real-time Estimate Cboe Europe  -  06:25:20 2023-01-27 am EST
269.25 SEK   +1.60%
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Max Verstappen and Viaplay expand long-term partnership

09/29/2022 | 03:01am EST
  • Verstappen to feature in new and exclusive Viaplay programming
  • Viaplay logo to appear on Verstappen's race helmet from October's Singapore Grand Prix onwards, and on the peak of his official Formula 1 driver cap from 2023
  • Verstappen's ambassadorial role extended to all Viaplay territories

Formula 1 World Drivers' Champion Max Verstappen and Viaplay have expanded their long-term, multi-market partnership. The Viaplay logo will be displayed on Verstappen's race helmet from the upcoming Singapore Grand Prix onwards, and on the peak of his official Formula 1 driver cap starting next season. Verstappen will also feature in additional exclusive content for Viaplay viewers, following the success of the original documentaries `Verstappen - Lion Unleashed' and `Master of the Track' this year.

Viaplay and Verstappen will create new and exclusive programming that will premiere between the end of the current Formula 1 season in November and the beginning of the 2023 season. Moreover, Verstappen's long-term ambassadorial role for Viaplay, which was announced in January for markets in which Viaplay holds Formula 1 rights, has been extended to cover all Viaplay territories, including those where the branded content concept Viaplay Select is available.

Max Verstappen: "I am delighted to have extended my partnership with Viaplay. So far, working together has been very enjoyable and I am looking forward to creating more high-quality content together for all the Formula 1 fans. As we all know, streaming is the new way of broadcasting and I feel Viaplay is doing a great job at shaping this future."

Peter Nørrelund, Viaplay Group Chief Sports Officer: "Viaplay and Max's partnership has been a huge hit, and we're taking things up a gear together. Our new documentaries will thrill supporters throughout the Formula 1 off-season, while showcasing Viaplay's sports storytelling skills. Fans will get even closer to the man behind the helmet - which will in turn make Viaplay's logo visible to millions around the world, every race weekend."

Viaplay is the home of Formula 1 in the Netherlands and the Nordic and Baltic countries, and will bring its live coverage of the fastest show on Earth to Poland from 2023.

Alongside Viaplay's partnership with Max Verstappen, the company announced a similar tie-up with Manchester City and Norway striker Erling Haaland in August, with the original documentary `Haaland - The Big Decision' recently premiering.

****

NOTES TO EDITORS

Viaplay Group AB (publ) is the international streaming challenger. Our Viaplay streaming service is available in every Nordic and Baltic country, Poland, the US and the Netherlands, and we are expanding rapidly by launching in the UK in 2022, followed by Canada, Germany, Austria and Switzerland in 2023. Viaplay will have a market presence in at least 21 countries by the end of 2023, including at least five partner markets for the Viaplay Select branded content concept. Every day, millions of customers enjoy our unique entertainment offering, including acclaimed Viaplay Originals and an unrivalled line-up of premium live sports. From streaming to TV channels, radio stations and production companies, our purpose is to tell stories, touch lives and expand worlds. Viaplay Group is listed on Nasdaq Stockholm (`VPLAY B').

Contact us:
press@viaplaygroup.com (or Nicholas Smith, Senior Communications Manager: +46 73 699 1700)
investors@viaplaygroup.com (or Matthew Hooper, Chief Corporate Affairs Officer: +44 7768 440 414)

Download high-resolution photos: Flickr

Follow us:
viaplaygroup.com / LinkedIn / Twitter / Instagram / Facebook

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https://news.cision.com/viaplay-group/r/max-verstappen-and-viaplay-expand-long-term-partnership,c3637510

https://mb.cision.com/Main/16563/3637510/1632028.pdf

https://news.cision.com/viaplay-group/i/max-verstappen-helmet-viaplay,c3093981

https://news.cision.com/viaplay-group/i/peter-norrelund-viaplay-group-chief-sports-officer-photo-peter-knutson,c3093982

(c) 2022 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2022 15 528 M 1 508 M 1 508 M
Net income 2022 471 M 45,7 M 45,7 M
Net Debt 2022 1 052 M 102 M 102 M
P/E ratio 2022 44,0x
Yield 2022 -
Capitalization 20 725 M 2 013 M 2 013 M
EV / Sales 2022 1,40x
EV / Sales 2023 1,21x
Nbr of Employees 1 302
Free-Float 99,6%
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Number of Analysts 8
Last Close Price 265,00 SEK
Average target price 349,63 SEK
Spread / Average Target 31,9%
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Managers and Directors
Anders Ytrup Jensen President & Chief Executive Officer
Enrique Patrickson Chief Financial Officer & Executive Vice President
Pernille Lyngvold Erenbjerg Chairman
Philip Wňgnert Executive VP, Chief Technology & Product Officer
Simon Patrick Duffy Independent Non-Executive Director
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