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Future of sports site 20Four in doubt following departure of executives, website closure and defaulted payment to WeThinkMedia

November 6, 2018 10:11

The future of digital sports business 20Four is in doubt, following a website shutdown and note from stakeholder Chapmans Limited which told shareholders the business had not met financial expectations.

In a note made to the ASX in September, Chapmans, which has a 39% stake in 20Four, informed shareholders it would no provide investment in the company, adding the business was undertaking a change in leadership. CEO Chris Haigh left a couple of months ago, according to his LinkedIn.

20Four officially launched in 2017

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Zoe Samios worked at Mumbrella between 2016 and 2019, finishing up as senior media reporter in March 2019.

Topics
20Four Chapmans Limited Chris Haigh
2 COMMENTS
RIP 20four 6 Nov 18

This was covered in depth by sports marketing publication Sponsorship News about two months ago, FYI:

https://www.sponsorshipnews.com.au/nl06_news_selected.php?R=1&act=2&stream=1-2-7&selkey=47296
https://www.sponsorshipnews.com.au/nl06_news_selected.php?R=1&act=2&stream=1-2-7&selkey=47304

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