SKYBOX SPORTS NETWORK ACQUIRES RISE DISPLAY
LAS VEGAS, NV (July 14, 2021) Skybox Sports Network Inc. (Skybox) a pioneer of intelligent signage solutions today officially announced the acquisition of Rise Display, an industry leader in Ticker Signage and digital displays to Universities, Colleges, Schools, Casinos, and Retail Industries. Ron Frederickson, President and Director of Corporate and Product Development at SKYBOX, commented: “The addition of Rise Display to Skybox enables us to better serve our clients through a proven and successful management team with their unparalleled industry expertise into one united platform furthering the Skybox’s Mission of giving our clients the highest quality products and user experience. We couldn’t be more excited with this acquisition as we are combining the Rise Display premier visual media with Skybox that operates the world’s only Live content newsroom for specialized high-resolution Ticker formats and graphics.” |
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The fully staffed Newsroom of journalists operates 365 days per year creating relevant Sports, Sports Betting, Financial, News, and custom content solutions. Skybox is a leading provider in this rapidly emerging medium having pioneered new products and technology. The combined portfolio of the Rise sales force and Skybox technology will now offer “one-of-a-kind” new Fan cave, consumer, and commercial sports products to the North American and Global sports markets. The Skybox intellectual property, back end, content solutions, and hardware manufacturing capabilities will generate support to the Rise marketing and management team through e-commerce and custom architecturally designed commercial projects. The timing of the acquisition is perfect as we launch new marketing initiatives and innovative creative products to The Sports Betting and iGaming sector currently experiencing explosive growth in the USA and Canadian regulated markets since the repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018. These are exciting times at Skybox and the Rise acquisition cements us as a leader in the rapidly emerging Live-Ticker industry with aggressive expansion plans based on the hard and soft revenue streams of hardware and subscription-based recurring revenue. Ryan Cahoy, now Chief Revenue Officer at Skybox stated we are absolutely thrilled to be joining the Skybox team, our clients will benefit from our own manufacturing facilities with versatile content options. This opens new doors for the sales team with innovative products and solutions such as higher quality and lower cost teaching aides with Financial content to the College,High School and Middle School markets with next-day delivery on numerous stock items shipped from our newly expanded Las Vegas showroom and warehouse. For Casinos, Sports Bars, Arenas, Stadiums, and Retail locations we are launching new products in the coming months, the benefits, expertise, and ingenuity of the Skybox design team will ensure a constant source of entertaining products, we will be launching many new Sports Betting products at the upcoming G2E Global Gaming Expo in Las Vegas October 5,6, 7th. |
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SKYBOX is independently valued at $15M, and is now raising capital on Wefunder. We are offering early bird perks for the first $50,000 invested in the company. In addition to the lower valuation of $12M, those who invest the first $50k enjoy perks ranging from a 31” inch game-day ticker to a 78” titan series ticker, depending upon the amount invested. Invest in SKYBOX by visiting their Wefunder page: https://wefunder.com/skybox |