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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

(MSFT)
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Delayed Quote. Delayed Nasdaq - 11/27 01:00:00 pm
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Microsoft : ONE Championship and Microsoft partner to further accelerate and reinvent the digital fan experience

07/06/2020 | 11:50pm EST

Microsoft named ONE Championship's preferred cloud provider, delivering new fan engagement experiences powered by Microsoft Azure and best-in-class collaboration with Microsoft 365

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SINGAPORE - July 6, 2020 - The largest global sports media property in Asian history, ONE Championship™ (ONE) and Microsoft Corp. (Microsoft) today announced a strategic partnership to harness the Microsoft cloud, including Microsoft Azure and Microsoft 365, to transform digital fan experiences and enhance collaboration for employees. Microsoft is now ONE's preferred cloud and data services provider, powering its digital transformation and accelerating innovation across all touchpoints.

Microsoft and ONE, through this alliance, are co-investing in digital fan experience transformation. The partnership is set to further enhance ONE's position as a leading global sports media property and further execute its vision to engage fans through its unique brand of Asian values, world-class athletes and global appeal. As ONE accelerates its digital journey, the company will leverage the power of the cloud and data to build new capabilities and deliver cutting-edge digital experiences for its millions of fans around the world.

Empowering and enriching fan experiences

ONE will further enhance its over-the-top platform by leveraging Azure to accelerate its world-class streaming services and personalized content offers for fans around the world. AI-powered recommendation engines and analytics on fan behavior and viewing habits will allow ONE to better engage fans across all touchpoints and provide them with reimagined, tailor-made experiences.

Through Azure AI, machine learning and data analytics, ONE will expand its core data capabilities and transform its direct-to-consumer digital experiences. To further delight fans, ONE will provide them with unique sets of data and statistics to better understand the strength of a kick or a punch. Ultimately, the fans will be able to enjoy a more immersive experience when watching live events.

The collaboration between Microsoft and ONE will also allow fans to experience events remotely with the flexibility and scalability needed to address increasing demand from end users - especially during this unprecedented time when sports entertainment shifts to digital. In the future, the partnership will also enable ONE to explore other innovations such as the use of holographic computing in injury prevention; as well as the ability to improve athletic performance through AI and machine learning.

'I am thrilled to announce that ONE Championship has officially partnered with Microsoft to deliver fans the absolute best in data-driven digital experiences,' Chatri Sityodtong, chairman and CEO of ONE Championship, stated. 'ONE Championship is a global leader in live sports, and through the Microsoft cloud, we can accelerate our capabilities and digital presence.'

'Demand for digital experiences has never been higher and our partnership with ONE Championship - a leader in sports entertainment with the largest and most rapidly growing millennial fan base - will enable them to deliver on this opportunity in innovative new ways and enhance the services they provide for supporters, athletes and employees,' Jean-Philippe Courtois, EVP and president, Microsoft Global Sales, Marketing & Operations, stated. 'We're looking forward to working with ONE to help accelerate its digital transformation for the benefit of millions of sports fans around the world.'

Expanded productivity and content ecosystem

As part of its push toward digital transformation, ONE will roll out Microsoft 365, including Microsoft Teams, as the primary productivity platform for ONE employees worldwide, helping to ensure seamless collaboration in a new remote work reality.

In addition, to provide fans with a one-stop source of digital content, ONE has also partnered with Microsoft to bring its exclusive content stacks to the Microsoft News ecosystem, which reaches more than 500 million people in 180 countries every month through personalized news feeds on MSN, Bing and Microsoft Edge, as well as through dozens of global syndication partners.

World-class global sports thought leadership

ONE and Microsoft will also leverage the Global Sports Innovation Centre (GSIC),[1] a collaborative initiative between private, public and academic partners powered by Microsoft, to support innovation in the sports industry around the world. ONE is a powerhouse of innovation and thought leadership in sports, and through its involvement in GSIC activities, initiatives and open innovation projects, ONE will connect with industry stakeholders in other continents, exchange experiences, learn and add value to the sports tech ecosystem of start-ups, companies, organizations, universities and research groups.

About Microsoft

Microsoft (Nasdaq 'MSFT' @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

About ONE Championship™

ONE Championship (ONE) is the largest global sports media property in Asian history. Headquartered in Singapore, ONE is the world's largest martial arts organization, hosting bouts across all styles of martial arts such as Muay Thai, Kickboxing, Karate, Kung Fu, Silat, Sanda, Lethwei, Mixed Martial Arts, Tae Kwon Do, Submission Grappling, and more. ONE hosts the biggest sports entertainment events across Asia, featuring some of the world's best martial artists and world champions on the largest global media broadcast in Asia. ONE Esports, a subsidiary of ONE Championship, runs Asia's largest global esports Championship Series with some of the biggest blockbuster game titles in the world. With a focus on both martial arts and esports, ONE Championship is currently the largest producer of millennial live sports content in Asia. In addition to its digital platforms, ONE Championship broadcasts to over 2.7 billion potential viewers across 150+ countries with some of the largest global free-to-air and digital broadcasters, including Star Sports, Tencent, ABS-CBN, Astro, ClaroSports, Startimes, Fox Sports, Thairath TV, Turner Sports, Skynet, Mediacorp, Great Sports, Mediaset Italia, ProSiebenSat.1, Dubai Sports, and more.

For more updates on ONE Championship, please visit https://www.onefc.com/about-us/, follow us on Twitter and Instagram @ONEChampionship, and like us on Facebook at https://www.facebook.com/ONEChampionship.

For more information, press only:

Microsoft Asia, Joanna Frackowiak, joannafr@microsoft.com
Microsoft Singapore, Antonia Ong, anong@microsoft.com
Edelman (Partner Agency for Microsoft Asia), Adeline Goh / Amanda Sng, EdelMSFTComm@edelman.com

ONE Championship, Tammy Chan, Director of PR & Communications, +601 9326 2473, t.chan@onefc.com
ONE Championship, Cissy Long, Director of PR & Communications, China, +86 186 2179 9403, c.long@onefc.com

[1] The Global Sports Innovation Center (GSIC) is a collaborative initiative between private, public, and academic partners to support innovation in the sports industry across the world, as a driver of job creation and economic growth. Its goal is to improve the value chain of the Sports Industry by leveraging the most advanced technologies, and enabling business connections among startups, sports organizations, educational institutions, and enterprise organizations. With over 170 members located in 20 countries all around the world, the GSIC has become a worldwide reference for the sports industry.

Disclaimer

Microsoft Corporation published this content on 06 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2020 03:48:03 UTC


© Publicnow 2020
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Financials (USD)
Sales 2021 158 B - -
Net income 2021 51 344 M - -
Net cash 2021 76 102 M - -
P/E ratio 2021 31,9x
Yield 2021 1,01%
Capitalization 1 627 B 1 627 B -
EV / Sales 2021 9,81x
EV / Sales 2022 8,76x
Nbr of Employees 163 000
Free-Float 99,9%
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Mean consensus BUY
Number of Analysts 39
Average target price 242,47 $
Last Close Price 215,23 $
Spread / Highest target 29,2%
Spread / Average Target 12,7%
Spread / Lowest Target -16,4%
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Satya Nadella Chief Executive Officer & Non-Independent Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Amy E. Hood Chief Financial Officer & Executive Vice President
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