Forever Network
Social-first sports media company curating engaging content to connect young, savvy audiences with sports and culture.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | AUD6.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | (7 %) | 22 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Forever Network is a pioneering social-first sports media company that specializes in creating and distributing highly engaging content tailored for young, savvy, and style-conscious audiences. Operating primarily in the sports and cultural sectors, the company leverages its expertise in content creation to build and engage a global audience that is difficult to reach through traditional media channels. The company's flagship brand, Basketball Forever, is the world's largest independent sports media channel, offering a unique blend of sports and cultural moments that resonate deeply with its audience.
Forever Network's business model revolves around partnering with brands to unlock the potential of its audience. By curating the best sporting and cultural moments and presenting them in visually engaging and shareable content pieces, the company drives significant commercial outcomes for its partners. The company makes money through advertising and brand partnerships, capitalizing on its ability to reach a highly targeted and engaged audience.
Forever Network operates in the digital media and advertising market, focusing on platforms where young people spend most of their time. The company's innovative approach has earned it recognition, including being listed among the 13 Australian Startups to Watch and having its founders named in Forbes 30 Under 30 Asia 2018 list.
Keywords: social-first, sports media, young audience, engaging content, Basketball Forever, digital media, brand partnerships, cultural moments, advertising, visual content.