DAZN operating loss cut but still runs into 10 figures
DAZN recorded an operating loss of $1.06bn (€969m) in 2022 on the back of increased rights fee commitments but higher direct-to-consumer revenues helped to reduce the figure by 22 per cent year-over-year, SportBusiness understands.
Aurora lands Hexagon Cup broadcast production
The UK-based Aurora Media Worldwide has today (Tuesday) been named as the host broadcast company for padel’s Hexagon Cup.
TF1 rebuked for split Women’s World Handball coverage, 3.5m viewers for final
Live coverage of France’s victory in the final of the Women’s World Handball Championship on Sunday evening was watched by an average of over 3.5 million viewers on TF1-owned channels.
Telefónica-WBD carriage renewal integrates Max into Movistar Plus+
Telefónica-owned Movistar Plus+, the Spanish pay-television operator, has renewed its distribution agreement with Warner Bros. Discovery.
Infront strikes Euro 2024 broadcast deal in Indonesia with MNC
Infront has negotiated an exclusive Euro 2024 broadcast deal in Indonesia with media conglomerate MNC Group
Sharma’s $300m Bluestone fund invests in Magnifi
Bluestone Equity Partners, the private equity fund founded by Bobby Sharma, a former executive at IMG and the National Basketball League, has invested in Magnifi, an AI-powered video editing technology…
Poland’s KSW secures Megogo coverage in Ukraine, Central Asia
Megogo has picked up rights to Polish mixed martial arts promotion KSW in the streaming platform’s main market of Ukraine plus nine other countries spanning Central Asia and Eastern Europe.
Canal Plus commits to PGA Tour until 2030 despite golf’s unsettled landscape
Pay-television broadcaster Canal Plus has retained its PGA Tour rights until 2030 with a record three Frenchmen set to take part next year but amid ongoing doubts over the long-term future of the property
CSM retains Finnish Ice Hockey Association advisory work
Commercial Sports Media (CSM) has retained its broadcast advisory work with the Finnish Ice Hockey Association (FIHA) in a deal that kicks in with the cycle beginning in 2026-27
EXCLUSIVE: IMG to lose long-held BBC snooker production contract
IMG is expected to lose its long-running production contract with the BBC for host broadcast coverage of the World Snooker Championship, UK Masters and UK Championship, SportBusiness understands