The premier media platform
Function(x) Inc. is a public company currently listed on NASDAQ which operates several digital media properties including Wetpaint.com which is an online destination for entertainment news for millennial women covering the latest in television, music, and pop culture.
In July 2016, Function(x) acquired Rant, Inc which has established itself as a leading innovator in online media consumption. Known for the well-established brand RantSports, Rant, Inc. has since expanded its reach towards the areas of lifestyle, fitness, exercise, entertainment, technology, and celebrities.
Function(x) also offers daily fantasy sports experience both directly to consumers and to businesses desiring turnkey solutions through its majority ownership of DraftDay Gaming Group, which is well-positioned to become a significant player in the explosive fantasy sports market. In addition, it operates Choose Digital, a digital marketplace platform that allows companies to incorporate digital content into existing rewards and loyalty programs in support of marketing and sales initiatives.
The company changed its name to Function(x) Inc. in June 2016, a reflection of its commitment to leverage its patented assets in order to become a leader in the booming interactive media space. Function(x) Inc. is based in New York, New York.
Function(X) Inc. (FNCX), formerly DraftDay Fantasy Sports Inc. (DDAY) has completed an acquisition of assets of Rant Inc., which complements its existing Wetpaint social publishing business expanding into sports, lifestyle, and entertainment verticals.
Wetpaint, a DraftDay Fantasy Sports Company, Agrees to Acquire Rant, Inc. to Become a Leading Social Publisher
DraftDay Fantasy Sports Inc. (DDAY)has agreed to acquire Rant, Inc. in a move to become a market leader in social publishing. As a complement to its existing Wetpaint publishing business, Rant brings an expanded reach into sports, lifestyle, and entertainment publishing.