David Levy revealed as new Genius Sports Chairman
Genius Sports has announced the recruitment of the company’s new Chairman, David Levy. Genius is now working on its nearing listing on the New York Stock Exchange (NYSE).
Levy has quite some experience in the US sports industry, as well as in entertainment. He was previously the President of Turner Broadcasting, and he was the one to majorly overhaul and improve its media portfolio. Levy spent 30 years at Turner, and he had an important role in the enhancement of the company’s media rights after it acquired deals with the NCAA, NBA, PGA and MLB.
He went on to leave Turner two years ago, and has since then been acting as the strategic advisor to Arctos Partners and Raine Group, the New York sports entertainment investment funds. After being appointed at Genius, Levy has voiced his support for the company’s hopes of improving and changing international sports engagement.
Levy mentioned in a statement:
“The capture and analysis of data has become fundamental to the rapid progression of the sports and media sectors. Genius is central to this unique ecosystem and is consistently leading the sports data and technology industry’s development. I am thrilled to join the business at such a historic time and look forward to working as part of the team.”
Moreover, Genius has completed the SEC registration this year in order to list the firm as its NYSE enterprise, after a successful merger with SPAC vehicle dMY Technology Group. The company also said that it is staying on track to finishing its NYSE listing.
Genius Sports Group CEO, Mark Locke, spoke of Levy’s recruitment saying:
“With his incredible track-record working with many of the biggest names in sports and media, David’s appointment as Chairman is the latest historic milestone in Genius Sports Group’s growth journey. The worlds of sports, media, advertising, betting and streaming are converging rapidly and David’s unique expertise and experience will be invaluable to positioning Genius and our partners at the forefront of this trend.”