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Breaking News, Research 3 Jun 2024

BREAKING NEWS – 03.06.2024

In a press release dated May 27th, 2024, NVP SpA, an Innovative SME listed on Euronext Growth Milan, active in the end-to-end creation of content for television networks and broadcasting services, announced, In view of the new 24-29 cycle of Serie A Enilive, an important agreement with DAZN for the editorial integration of Serie A Enilive from the main Italian stadiums, using advanced remote production modes and implementing innovative technological solutions for DAZN’s first virtual studio in Italy.

Starting with the next football season, DAZN will concentrate its production activities in NVP’s modern and technological Innovation Hub in Cologno Monzese (Milan), where it will implement advanced technology already used in the host broadcasting and OTT industry for the production of more than 5,000 events, including Serie A matches, the Olympics and the WTA Women’s World Tennis Circuit. The new partnership with NVP, which specializes in remote and cloud production integrated with cutting-edge technical connectivity solutions, represents a breakthrough for DAZN, which thus inaugurates the new five-year cycle under the banner of innovation.

Innovation and immersive experience will be the guidelines of DAZN’s new production and editorial plan, developed to enhance the Serie A product through even more interactive and immersive ways. In addition to stadium-centric coverage for pre-match and post-match, with the stadium taking an increasingly central role in the narrative of Italy’s top football league, the introduction of a virtual studio with virtual and augmented reality technologies will revolutionize the analysis, debate and interactivity of the Serie A Enilive days’ narrative. NVP’s portfolio includes major national and international television networks, well-known content producers, numerous Italian and international sports federations, as well as a prestigious Italian car manufacturer.

The partnership with DAZN demonstrates how NVP is progressing positively in its development plan, consolidating its position in the market for innovative broadcasting technologies. Thanks to this partnership, NVP will provide an advanced remote production service for the editorial integrations of Serie A Enilive from the main Italian stadiums and will implement DAZN’s first virtual studio. This agreement confirms NVP’s ability to offer cutting-edge technology solutions and position itself as a leader in the TV production and broadcasting industry. We therefore confirm our recommendation: target price € 9.25, BUY rating and risk MEDIUM.
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