According to its Companies House accounts, Play Sports Network, which employs around 200 UK staff, generated revenues of £17.2 million in 2021, but made a loss of £10 million.

[…]

In a video posted on GCN’s YouTube channel, presenter and former pro racer Simon Richardson, along with fellow presenter and ex-pro Daniel Lloyd, stressed that “the reason for [the app’s] closure is not because it didn’t work or it was underperforming. It’s that the media industry landscape has changed.”

Joa.