Viggle and Sportech Team Up to Buy DraftDay from MGT Capital

HARRISON, N.Y., Sept. 9, 2015 --  MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has completed the sale of its daily fantasy sports assets to a new entity formed by Viggle Inc. (VGGL) and Sportech Digital, a subsidiary of Sportech PLC (SPO.L).  The new company, called DraftDay Gaming Group, Inc. will continue to offer the same high quality daily fantasy sports experience directly to consumers and to businesses desiring turnkey solutions to new revenue streams.

By combining and capitalizing on the well-established operational business assets of DraftDay, Sportech and Viggle, the new company is well-positioned to become a significant player in the explosive fantasy sports market.  DraftDay has paid out over $30 million in prizes with player retention and brand loyalty second to none in the industry. Viggle assets MyGuy and Viggle Football have already met with great success by offering exciting real-time interactive participation to its nearly 10 million registered users in tandem with professional and college football and basketball games.  Sportech is one of the world's leading betting organizations, operating in 30 countries and employing over 1,000 people.  DraftDay will be the differentiated platform in the industry, having a leadership team highly experienced in B2B aggregated network operations and regulated gaming markets.

52% Year-over-Year Revenue Growth and 116% Increase in Net Registered Users as Viggle Celebrates Its Three-Year Anniversary

New Wetpaint Launched with Celebrity Support - Conference Call at 9:00 am ET

NEW YORK---Strong year-over-year growth in revenue and gains in key operating metrics were demonstrated by Viggle Inc. (VGGL), the entertainment marketing and rewards platform, during its third quarter of fiscal year 2015 ended March 31, 2015.

Greg Consiglio, President and COO of Viggle, said, “As we celebrate our three-year milestone of operations this quarter, the Viggle experience has become more rewarding for our users and advertising partners. During this quarter, we spent a lot of time and energy preparing for our upgrade of Wetpaint, which took place this past week with celebrity enthusiasm and support. Now fully optimized for mobile, Wetpaint delivers timely celebrity news and entertainment and the best part is that it’s now fully integrated with the Viggle platform."

YOU On Demand Reaches Agreement With Twentieth Century Fox Television Distribution For Subscription Video On Demand In China

NEW YORK, Feb. 2, 2015  -- YOU On Demand Holdings, Inc. (YOD) ("YOU On Demand"), a leading Video On Demand ("VOD") service provider in China delivering Hollywood movies and premium content to mobile and TV screens, has entered into a licensing agreement with Twentieth Century Fox Television Distribution ("Fox") for the SVOD rights in China to a broad selection of library feature films.

The titles will be available to subscribers of YOU On Demand's Subscription VOD (SVOD) platform and service, via mobile, Over-the-Top (OTT), digital cable and IPTV.

SFX Entertainment Names New President & COO; Signs Sales Agreement with Viggle

Greg Consiglio to hold posts at both SFX and Viggle, as companies bolster brand partnership, media and sponsorship capabilities

SFX Entertainment, Inc. (SFXE), the largest global producer of live events and digital entertainment content focused exclusively on electronic music culture (EMC) and other world-class festivals, today named Greg Consiglio as President and Chief Operating Officer of the company.

Consiglio, who holds the same titles at Viggle Inc. (VGGL) the leading entertainment marketing and rewards platform, will retain those positions as well.

In addition, Robert F.X. Sillerman, Chairman and CEO of both SFX and Viggle, announced that SFX entered into an agreement with Viggle that will significantly bolster its brand partnership, media and sponsorship capabilities. Under the agreement, SFX will take over the 25-person Revenue team of Viggle, who will now have significantly more opportunities to sell.