Bobby Sharma, founder and managing partner of Bluestone, said Volo and ZogSports are the preeminent players in the fragmented business of recreational sports.
Minute Media will now get access to VideoVerse's AI-driven video-clipping product Magnifi, which makes it possible for publishers, leagues, and others to automatically detect key sports moments and create and distribute real-time short-term videos with those highlights.
Minute Media, which owns properties like Sports Illustrated, The Players’ Tribune, and 90 Minutes, is acquiring Bluestone-backed VideoVerse, an Indian AI tech company that lets broadcasters extract highlights and create content from sports footage.
The transaction was directly enabled by Bluestone Equity Partners, whose deep expertise and relationships in SME played a pivotal role in uniting these two highly complementary platforms.
Sharma says the biggest concern for investors is whether or not the WNBA's viewership stats and merchandise sales will continue their upward trajectory.
With sports, media and entertainment developing into a compelling institutional asset class, Bobby Sharma, founder and managing partner of Bluestone Equity Partners, asks whether investors are running the right playbook.
The round was led by Bluestone Equity Partners, the institutionally-backed global private equity firm focused on the Sports, Media & Entertainment industry.
Bluestone Founder & Managing Partner Bobby Sharma recently shared insights with Private Equity International for a PE Hub analysis of the Court of Justice of the European Union ruling on the FIFA rules regulating the European football player transfer system, including potential implications for private equity investment.
Bobby Sharma shared details on Bluestone's approach to investing in Sports, Media and Entertainment and the firm's proprietary, value-added investment model.
Rhombus' innovative technology helps shift from complex legacy systems to fully-integrated solutions that leverage the power of the cloud and advanced analytics for enhanced security, safety, commercial growth, and operational efficiencies for venues across Sports, Media & Entertainment industry.
Sharma told the NYT, “There is a real possibility we may be witnessing a transformational moment for the W.N.B.A., for the sport of basketball, and maybe even a cultural and economic shift for women’s sports in America."
Business Insider calls out Bluestone's differentiated investment strategy, which is focused on making growth investments across the global sports, media and entertainment industry.
Bluestone Equity Partners, a newly launched private equity firm, has raised a $300M growth equity fund to invest in sports and entertainment properties.
Bobby Sharma of Bluestone Equity Partners shares details about his firm's latest investment in an AI-powered video editing software company as well as his outlook for investing in the events, media and entertainment industry in 2024.
VideoVerse's platform drives real-time short-form video creation & highlights for leading sports, news & entertainment rights-holders and content creators around the world.
Bluestone's Managing Partner Bobby Sharma joins The Moneycast podcast to share his insights into the changing media landscape as younger fans turn to streaming services vs. cable.
Bluestone’s launch comes amid immense disruption in the sports sector, and Sharma says his firm plans to pursue opportunistic investments from the growth stage and beyond as the landscape evolves.
Bluestone’s inaugural fund, capped at $300 million, was oversubscribed, with investments solely from institutions, not the family office and high-net-worth investors that typically populate the space
With the explosive cost of live sports rights, Sharma believes his operating experience will make Bluestone competitive with large-cap funds when competing for deals
Bluestone’s success demonstrates that emerging managers can raise capital by pursuing niche strategies and leaning into pre-existing industry expertise and connections
Former IMG executive Bobby Sharma is a launching private equity firm Bluestone Equity Partners, with a focus on the global sports, media and entertainment industry.
Bluestone’s inaugural fund, capped at $300 million, was oversubscribed. And while the sports investment space tends to be populated by family office and high-net-worth investors, Sharma said that his investors were strictly institutional
Management team’s blue-chip industry experience, global network, and track record secures major institutional backing with its differentiated investment strategy
