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    VPLAY B   SE0012116390

VIAPLAY GROUP AB (PUBL)

(VPLAY B)
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Real-time Estimate Cboe Europe  -  05:33:02 2023-01-27 am EST
267.90 SEK   +1.09%
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Viaplay to launch in the UK on 1 November

10/18/2022 | 03:01am EST
  • Viaplay to offer UK viewers a unique combination of live sports, Viaplay Originals and curated third-party content
  • Film & Series package priced at GBP 3.99 and Total package at GBP 14.99
  • Viaplay Group's acquisition of Premier Sports receives Irish media merger control clearance
  • UK launch takes Viaplay's direct-to-consumer footprint to 11 countries

Viaplay Group will launch its Viaplay streaming service in the UK on 1 November. Viewers will be offered two packages: the Films & Series package focused on Nordic storytelling with award-winning Viaplay Originals and curated third-party content, and the Total package that also includes the combined UK sports line-up of Viaplay and UK sports streamer and TV channel operator Premier Sports. These packages will be priced at GBP 3.99 and GBP 14.99 per month respectively. Viaplay Group's acquisition of Premier Sports has received Irish media merger control clearance, and Premier Sports' TV channels will receive Viaplay branding from 1 November. The UK launch will take Viaplay's direct-to-consumer footprint to 11 countries, with the US and Canada to follow in early 2023.

UK sports fans will be able to follow a broad range of live events on Viaplay, including all European Qualifiers for the UEFA EURO and FIFA World Cup played by the Scotland, Wales and Northern Ireland men's national football teams, along with the UEFA Nations League and friendlies, until 2028. Viaplay holds a comprehensive portfolio of rights to over 1,000 UEFA international matches from across Europe, including top-ranked teams such as Belgium, Denmark, France, Germany, Italy, the Netherlands, Portugal and Spain.

Viaplay will also show LaLiga, Scottish Cup, Scottish League Cup and Coppa Italia football; BKT United Rugby Championship, Rugby Football League and TOP 14 rugby; NHL, IIHF Ice Hockey World Championship, Champions Hockey League and Elite Ice Hockey League; CEV volleyball; KSW mixed martial arts; EHF handball; ISU figure skating and speed skating; World Athletics Continental Tour Gold and Indoor Tour; and much more.

Anders Jensen, Viaplay Group President and CEO: "Viaplay will offer UK viewers a compelling combination of live sports, world-class drama and superior value for money. We are launching in this dynamic and exciting market with high ambitions and a long-term perspective, and acquiring Premier Sports will significantly accelerate our entry. Viaplay has so much to offer, and local sports fans as well as devotees of premium Nordic and international storytelling can now try our unique service for themselves, starting 1 November."

The pay-TV channels Premier Sports 1 and Premier Sports 2 will be rebranded as Viaplay Sports 1 and Viaplay Sports 2, with the free-to-air TV channel FreeSports becoming Viaplay Xtra. All channels will remain available through existing distribution partners, and will continue to broadcast live sports to pubs, clubs and other commercial premises throughout the UK.

The content offering on all Premier Sports channels will be expanded to include Viaplay's series and film line-up. Further details of the series and films available on Viaplay in the UK will be announced shortly.

Viaplay Group's agreement to acquire Premier Sports was announced on 21 July. The acquisition will create synergies with the Viaplay streaming service in UK sports content, distribution and production, while boosting Viaplay's brand awareness in the country.

Premier Sports had a total of 222,000 paying subscribers at the end of June 2022. Founded in 2009 and previously majority-owned by Setanta Sports, the company generated revenues of GBP 26.4 million in 2021. The transaction values Premier Sports at GBP 30 million on a cash and debt-free basis, subject to customary closing adjustment mechanisms, and the company will be consolidated in Q4 2022. Premier Sports is based in Dublin and has 23 full-time employees, all of whom are to join Viaplay Group.

Viaplay is currently available as a direct-to-consumer service in all Nordic and Baltic countries, Poland and the Netherlands. The service is also available through Comcast in the US, with a direct-to-consumer launch in both the US and Canada to follow in early 2023. The Viaplay Select branded content concept launched in Japan in April through WOWOW, and will come to DMD's CINDIE streaming service in nine Latin American countries in November.

****

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 and the Netherlands, and we are expanding rapidly by launching in the UK in 2022, followed by the US, 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

Data protection:
To read more about Viaplay Group and data protection, click here

https://news.cision.com/viaplay-group/r/viaplay-to-launch-in-the-uk-on-1-november,c3649532

https://mb.cision.com/Main/16563/3649532/1639724.pdf

https://news.cision.com/viaplay-group/i/gareth-bale-photo-geoff-caddick-afp-ritzau-scanpix,c3101726

https://news.cision.com/viaplay-group/i/ospreys-photo-inpho-ashley-crowden,c3101727

https://news.cision.com/viaplay-group/i/pedri-photo-pedro-salado-2022-quality-sport-images,c3101728

https://news.cision.com/viaplay-group/i/lions-ulster-photo-inpho-deon-van-der-merwe,c3101725

https://news.cision.com/viaplay-group/i/anders-jensen-viaplay-group-president-and-ceo-photo-peter-knutson,c3101678

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

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Analyst Recommendations on VIAPLAY GROUP AB (PUBL)
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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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Mean consensus BUY
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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