Company attributes
Other attributes
Overtime is a software company offering an online sports streaming service and has its own content production office and content production team in Los Angeles, California. The company is headquartered in Brooklyn, New York, and was founded by Dan Porter and Zachary Weiner in 2016. Prior to founding Overtime, Dan Porter was the head of digital for William Morris Endeavor, and Zack Weiner was a former chess champion.
The company has received funding and backing by Liberty Media Corporation, Andreessen Horowitz, Blackstone, Counterpoint Global, Sapphire Sport, Winslow Capital, Bezos Expeditions, Spark Capital, Micromanagement Ventures, Black Capital, Alexis Ohanian, Drake, Quavo, Carmelo Anthony, Kevin Durant, and Trae Young. Overtime also notes that around 6 percent of active NBA players have invested in Overtime.
The company has developed a consumer-focused mobile application that allows users to film highlights and add slow motion to capture moments in sporting events and includes forums where users can debate about players and teams in their favorite sports, ranging from high school to professional sports. The company also creates sports content that can be published on various platforms and downloaded to edit and share on other platforms.
When founded, the company worked to expand its platform to high school basketball and football leagues, with an idea to capture an even larger audience of teens and twenty-somethings. Overtime drafted fans to go to these games and collect highlight footage, which it circulated on social media to followers, allowing users to see highlights without having to sit through a television broadcast.
In 2021, Overtime expanded upon this model to run its own Atlanta-based sports leagues, called Overtime Elite, which paid top US football and basketball prospects around $100,000 a year and allowed them to leverage the league for endorsement deals. In 2022, Overtime expanded on the concept of Overtime Elite with OT7, a low-contact, seven-on-seven American football league, which held its first season in Las Vegas, Nevada, and featured eighteen seven-on-seven teams. Also in 2023, Overtime launched Overtime Boxing (OTX) to debut in August 2023 as a four-event fight series, including multiyear sponsorship deals with Nutrabolt and their C4 Energy drink.
Overtime uses a variety of avenues to generate revenue, including the league sponsorships (such as those with State Farm, Gatorade, and Meta), social media advertising, and a licensing deal with trading card company Topps.