Lottery.com (LTRY) opened Sports.com Studios, a new content unit scheduled to begin production in Q3.
The division plans to generate revenue through content licensing and third-party distribution, the company said Tuesday in a statement.
The studio will boost revenue through advertising, sponsorships, pay-per-view, subscriptions and merchandising, the company said.
Price: 1.08, Change: +0.03, Percent Change: +3.10
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.