Racecourse Media Group Limited

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Racecourse Media Group Limited - overview

Established

2004

Location

London, England, UK

Primary Industry

Financial Services

About

Racecourse Media Group Limited (RMG) is a leading entity in the management of media rights for racecourses, enhancing the monetization of assets while delivering key data and media services to various stakeholders in the horse racing industry. Racecourse Media Group Limited was founded in 2004 and specializes in managing media rights for racecourses. The company operates without known subsidiaries or parent companies, focusing on its strategic role in the United Kingdom's horse racing landscape. RMG's headquarters is located in the UK, where it works closely with notable racecourses including Aintree, Cheltenham, and York.


The founder's history and any prior entities established by them are not publicly detailed. Racecourse Media Group Ltd (RMG) specializes in the comprehensive management of media rights for a diverse portfolio of racecourses. The core product offerings include the commercialization of media and data rights, ensuring that the racecourses maintain complete control over their assets. RMG's services cater to various stakeholders, including racecourse shareholders, media outlets, and businesses involved in betting and hospitality.


The organization's suite of services primarily serves racecourses across the United Kingdom, including prominent venues such as Aintree, Cheltenham, and York. RMG's media solutions facilitate the broadcasting of live racing events, enable data dissemination, and enhance the overall engagement of fans and punters, thereby addressing the end use cases of maximizing revenue and increasing audience participation in horse racing. RMG operates a revenue model wherein 100% of operating profit is returned to its racecourse shareholders as license fees, aligning the company’s financial success with the interests of its clients. Transactions typically occur through partnerships established with various media platforms that broadcast races and distribute related data.


The revenue structure includes subscription services for media rights, where clients pay for access to race coverage and associated content. Additionally, RMG may engage in direct partnerships with betting firms and other businesses that utilize racecourse data for their operations. This robust model underscores the importance of RMG’s role in the horse racing industry, where each transaction is designed to enhance the visibility and profitability of the racecourses it represents.


Primary Industry

Financial Services

Sub Industries

Financial Services

Website

https://www.racecoursemediagroup.com

Total Amount Raised

Subscriber access only

Racecourse Media Group Limited - timeline of key events

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Racecourse Media Group Limited - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)72,395,00071,940,00080,597,000---
% Revenue Growth (YoY)-(0.6%)12.0%---
EBITDA (USD)2,844,0003,073,0003,365,000---
Operating Income (USD)2,436,0002,536,0002,802,000---
Operating Margin3.4%3.5%3.5%---
% EBITDA Margin3.9%4.3%4.2%---
NET Income (USD)1,332,0001,693,0002,478,000---
% Net Margin1.8%2.4%3.1%---

Racecourse Media Group Limited - employee data

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