WAVE SPORTS MEDIA AND BURST ANNOUNCE AGREEMENT FOR BURST TO POWER WAVE’S UGC ACQUISITION AND CURATION EFFORTS ACROSS ITS BROAD NETWORK

BOSTON, October 1, 2019 – Burst, the leading technology platform dedicated to helping digital media companies acquire, manage and distribute user-generated content (UGC), today announced that it has come to an agreement to license its technology to WAVE Sports Media for use across its social media platforms. WAVE is the fastest growing media property in the world across the social media landscape generating over 2.3 billion views and 163 million engagements each month.  Since joining the Burst platform, WAVE has realized significant efficiencies, crowd-sourced thousands of unique, right-cleared UGC and generated increased engagement on its digital and mobile platforms. “Before Burst, the process of acquiring UGC from our network was challenging and inefficient.  Burst saves our producers and editors multiple hours every week by making the process to acquire, organize, curate and edit UGC incredibly seamless,”  said Greg Bobolo, SVP Strategy and Partnerships, WAVE. Burst has developed a proprietary technology and workflow that enables digital media companies, such as WAVE, to acquire, curate and distribute UGC with speed and precision. WAVE then packages up the curated content into valuable, brand-safe advertising inventory across its digital platforms. “We are amazed at how quickly WAVE has become the fastest growing media company.  As it continues to expand its network and audience, we are pleased they chose Burst to manage this critical aspect of their workflow” said Paul Levy, Founder and COO, Burst. About Burst Founded in 2011, Burst is a leading mobile video technology company that is transforming how broadcasters, publishers and media companies manage and monetize user-generated and controlled video content. Burst’s proprietary technology solves the challenges of creating, managing, publishing and monetizing mobile video across all screens with its innovative, mobile to broadcast, OTT, digital and social platform. Burst is headquartered in Boston and serves customers around the world including Sinclair Broadcast Group, Gray Media Group, WAVE, JP Morgan Chase and Boston Properties. About WAVE WAVE is sports media for the next generation of sports fans catering to their preferred form of consumption – social media. WAVE is one of the largest and fastest growing sports media companies in the world with over 38M followers, 2.3B monthly content views, 163M engagements per month, and 120+ channels across Instagram, Snap, Facebook, Twitter, and TikTok. Headquartered in Los Angeles, WAVE has raised $6.8M in funding from Sweet Capital, Golden Venture Partners, Tom Williams and Larry Braitman. More at wearewave.tv.

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