SportsTicker service sold to rival STATS LLC
Associated Press
Story posted on March 10, 2009
LONDON (AP) – PA Sport, a sports news agency, said Friday it has agreed
to sell its SportsTicker service to STATS LLC, a U.S.-based global
sports information provider co-owned by News Corp. and The Associated
Press.
PA Sport did not disclose how much STATS paid for SportsTicker, which is
officially licensed to distribute statistics from the NFL, NBA, NHL,
major league baseball and the PGA Tour to hundreds of newspapers, Web
sites and broadcast outlets.
The sale means that all but a handful of SportsTicker's roughly 115
employees will lose their jobs, according to STATS chief executive Gary
Walrath.
The sale of the business marks a reversal of PA Sport's attempts to
venture into North America, coming just three years after it acquired
the unit from ESPN.
ESPN, a unit of Walt Disney Co., remains a major client, as do Yahoo
Inc., Microsoft Corp. and Fox Sports. ESPN spokesman Josh Krulewitz said
the company generally doesn't comment on its content providers.
Based in Britain, PA Sport is part of the PA Group, which includes The
Press Association, the national news agency for the United Kingdom and
Ireland.
As part of the new deal, PA Sport will become the exclusive distributor
of STATS' content in Britain. Walrath said SportsTicker also will give
STATS access to a wider range of customers and broaden the statistics it
offers. For instance, SportsTicker provides a greater selection of
standings for minor league baseball, Walrath said.
While the deal combines two of the biggest players in the sports
statistics and information market, Walrath said he doesn't envision any
antitrust concerns, given that both companies are relatively small, and
sports leagues distribute statistics on their own as well.
A Justice Department spokeswoman didn't return messages seeking comment
Friday. An AP spokesman referred questions to Walrath.
STATS is the product of a 2005 joint venture between the AP and Rupert
Murdoch's News Corp. combining sports news, statistics and other
content. Each organization owns half the business.