Krafty Entertainment Acquires 17.5% Equity Stake in Sports First TV

Krafty Entertainment has acquired a minority equity stake in Sports First TV, the world's first global sports news TV channel. Sports First TV, which launched in March on FAST platforms in North America, was founded by Frank Brown, the former CEO of Viacom International Media/MTV Networks, where he served for 11 years. The channel is based in Sydney, Australia.