Silver Chalice

Silver Chalice Ventures operates as a digital sports media company, originating as a subsidiary of the Chicago White Sox Major League Baseball team. The venture was initiated to expand the team's presence in the digital and mobile landscape, with Brooks Boyer, the White Sox's chief marketing officer, also serving as the CEO of Silver Chalice. A key figure associated with the company is Jerry Reinsdorf, chairman of Silver Chalice and owner of the Chicago White Sox and Chicago Bulls.

The company's primary business involves creating and distributing sports content, with a particular focus on collegiate sports. Silver Chalice's business model is built upon establishing partnerships with rights holders to produce and deliver content to sports fans across a variety of digital platforms. The firm manages several digital networks, including the ACC Digital Network, Campus Insiders, and 120 Sports. These platforms are designed for an over-the-top (OTT) and mobile audience, delivering live games, news, and analysis in real-time. Revenue generation is tied to these content distribution and partnership efforts. In a significant milestone, Silver Chalice partnered with BAMTech, a digital media company spun off from MLB Advanced Media, to distribute approximately 3,000 live collegiate sporting events. This 2016 agreement also marked the first time Silver Chalice accepted an outside investment, with BAMTech acquiring an equity stake.

In 2017, Silver Chalice was part of a merger involving its Campus Insiders, Sinclair's American Sports Network, and 120 Sports to form the free, ad-supported streaming network, Stadium. The network operates a 24/7 linear feed and provides live and on-demand content through its website and other digital partners. By May 2023, Silver Chalice, under Jerry Reinsdorf's leadership, acquired majority control of Stadium from Sinclair Broadcast Group. This strategic move was seen in the context of the changing regional sports network landscape and the upcoming expiration of broadcast rights for Reinsdorf's Chicago-based teams.

Keywords: digital sports media, collegiate sports content, sports streaming, OTT sports, live sports, Silver Chalice Ventures, Stadium network, Campus Insiders, ACC Digital Network, 120 Sports, Jerry Reinsdorf, Brooks Boyer, sports content distribution, BAMTech, Sinclair Broadcast Group, sports media partnerships, digital-first media, mobile sports content, sports broadcasting, live event streaming