Granahan McCourt sells his stake in Sports Media Business Dugout

Media investor and Emmy Award winner David McCourt has helped grow “the only company to rethink sports content”

NEW YORK, November 8, 2021 / PRNewswire / – Capital Granahan McCourt, global investors in technology, media and telecommunications, today announced a successful exit from the sports media sector Canoe. Granahan McCourt had supported Dugout with start-up equity and through his data analytics subsidiary, EDG, designed, built and operated Dugout’s technology platform which has proven to be critical to the company’s rapid growth. , resulting in a sale to the world’s leading football media platform, Football.

As the main individual shareholder of Dugout prior to the acquisition of OneFootball, Granahan McCourt joined Dugout’s founding partners, including European football clubs AC Milan, FC Barcelona, ​​FC Bayern Munich, Juventus, Liverpool FC, Manchester City FC, Paris Saint-Germain, Real Madrid CF and Suite. For the first time, the world’s biggest clubs have collaborated with the support of Dugout founders and investors, including Granahan McCourt, to create a company that would pioneer a new digital approach to personalized football content.

David McCourt, President and CEO of Granahan McCourt Capital, Emmy Award-winning producer and author of the best-selling book ‘Total Rethink’, commented: “Since its launch in 2016, Dugout has been one of the only companies to rethink the sports content of pioneering way, capitalizing on global trends in the way content is consumed online.

“At Granahan McCourt, we are proud to play a leading role in Dugout’s early-stage growth plans, leading to its acquisition by OneFootball to create the world’s largest owned and operated football media company, with a reach of over 85 million monthly active users worldwide Our hands-on approach to bringing cutting-edge technologies, in-depth knowledge of the tech and media space, and fundraising, has helped Dugout and other members of our portfolio to achieve their ambitious growth aspirations with speed and scale. “

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Founder of Granahan McCourt David McCourt, described by The Economist as having “incredible credentials as a telecommunications revolutionary,” is an accomplished Emmy Award-winning producer, television station owner and founder of digital television. Among his production projects, ‘Reading Rainbow’, ‘What’s Going On’ and ‘Miracles Boys’ have all received critical acclaim. Through his production company, McCourt Entertainment, McCourt is creating a hard-hitting new docuseries based on his bestselling book “Total Rethink”, as well as a family TV show.

“I have spent my 30-year career creating entrepreneurial solutions to address some of the world’s biggest trends in technology, media and telecommunications. At first it started out as the first to invent the triple play that are voice, video and Fast Forward until today and we are still working to be the first to spot global megatrends and build businesses with innovative and innovative solutions in the market just like Dugout.

About Granahan McCourt Capital

David McCourt, President and CEO of Granahan McCourt has been a force of nature in business for over 30 years. Described by The Economist as having “impeccable credentials as a telecommunications revolutionary,” he created the first competitive telephone company in the United States.

An award-winning television executive, he won an Emmy for his role in the production of the PBS Kids series ‘Reading Rainbow’, the oldest children’s reading show in the Americas. He also adapted the Newbury Award book “Miracles Boys” by Jacqueline Woodson in the award-winning series for the Nickelodeon network from Viacom. He produced the prime-time “What’s Going On” series for the Showtime Network about the world’s children in crisis, and in his hard-hitting documentary productions, he has collaborated with stars including Angelina Jolie, Michael douglas, Meg ryan and Sonia Braga.

McCourt is the founder of media production company McCourt Entertainment and the chairman of National Broadband Ireland, which in 2019 won the Irish government $ 5 billion project to provide broadband to all men, women and children without access. This project is the largest of its kind in the world.

His book ‘Total Rethink’, published by Wiley, has become a worldwide bestseller and is currently in production as the premise of a docu-series. Her work on children’s television has won numerous awards and has been screened at the United Nations.

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SOURCE Granahan McCourt Capital