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DDMC Fortis bullish on AFC rights, despite conflicting signals from China

SINGAPORE - JULY 29: Patrick Murphy, CEO Catalyst Media Group and Minister S.Iswaran poses during the International Champions Cup match between FC Internazionale and Chelsea FC at National Stadium on July 29, 2017 in Singapore. (Photo by Thananuwat Srirasant/Getty Images for ICC)

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Spanish telco Telefónica will hold steady its per-year outlay on Formula One rights in its renewal for the 2021-23 cycle, SportBusiness Media understands.

Uefa has seen the value of its top-tier Champions League competition fall by a fifth in Italy for the coming 2021-24 cycle. But the drop has been cushioned by the entry of ecommerce giant Amazon, which has committed a considerable amount to acquire a package of rights.

The NBA has avoided a severe decrease in fee for its rights in Belgium despite an absence of competition, renewing with Eleven Sports Network for the 2020-23 cycle at a slight reduction compared to the previous cycle.

Infront has edged closer to enhancing its dominance over skiing media rights, with the agency entering exclusive negotiations with the Swiss Ski Association for international rights from 2022-23, following a hotly contested tender process.