Helbiz Shares Skyrocket On Partnership With FOX Networks

Helbiz Inc HLBZ has announced an agreement between its media unit and FOX Networks Group, a subsidiary of Walt Disney Co DIS, to broadcast the Italian Serie B championship across the U.S. and the Caribbean.
This partnership marks Helbiz Media's arrival in North America and is the first time the entire Serie B championship will be available to view in this region.
Helbiz Media will provide FOX with exclusive audiovisual rights to broadcast the top Serie B matches, and game highlights live on the FOX Sports family of networks.
FOX will broadcast three Serie B games per week in HD with English language commentary, and Helbiz Live will feature commentary in Italian for all Italians living in America.
The partnership is confirmed for the next three seasons, including 2021-2022, 2022-2023, and 2023-2024.
Price Action: HLBZ shares are trading higher by 131% at $20.8 on the last check Friday.