CSI Complete Majority Stake Purchase of SportPost
May 25, 2011
Convers Sports Initiatives (CSI) has purchased a majority stake in online platform SportPost.com in order to continue its portfolio expansion.
CSI recently snapped up North One Sport from North One Television and also bought a majority stake in the popular ‘Leaders in Football’ conference.
SportPost attracts over 3 million unique visitors each month having only been launched in April last year, cialis providing sports fans with a platform to find and share sports content with each other. CSI’s investment will help to enhance the SportPost platform to include a new live sports video portal.
CSI chairman Vladimir Antonov stated: “We have been seeking to acquire a number of sports and media businesses which will complement our existing and developing portfolio of sports interests. SportPost gives us excellent platform for this.”
Co-founder and managing director of SportPost Peter Janes added: “In the last 12 months since going live, SportPost has established itself as a leading destination in online sports entertainment. The contacts and support from the CSI management team will be of huge benefit in developing the SportPost offering as creation of additional sites within network.”