Recast’s financial implosion a warning for OTT monetisation of sport’s long tail
The financial plight of Recast has shone a light not only on the flaws of the streaming platform’s erstwhile business, but also the continuing difficulties of monetising second- and third-tier sports content.
Sportfive retains IWF international rights to 2028
Sportfive has been re-appointed by the International Weightlifting Federation (IWF) to exclusively sell its international media rights across the forthcoming Olympic cycle until 2028.
ESPN stalwart Wolff to take up Sixth Street position
Russell Wolff, who recently left ESPN after 26 years with the Disney-owned sports broadcaster, is joining global investment firm Sixth Street
FA recruits Barclays’ Gray as new commercial director
The Football Association has appointed digital media executive James Gray as its new commercial director to replace Navin Singh who will soon take up a leading role with Six Nations Rugby
IMG adds CAF international rights sales to sponsorship remit
IMG has won more business with the Confederation of African Football after securing the exclusive international broadcast distribution rights to major CAF competitions until 2025
World Archery turns to Joymo as OTT services provider
World Archery has appointed Joymo as the exclusive provider of its owned and operated OTT streaming service in a “multi-year” agreement.
Stats Perform holds on to WTA Tour betting rights contract
Stats Perform has retained one of its heavyweight betting data and video rights contracts in an exclusive long-term renewal with tennis’ WTA Tour unveiled today (Friday).
IMG Digital Trends Report pinpoints smart stadia, AI and women’s sports engagement
Improved monetisation and cost savings through smart stadiums, heightened use of generative AI by rights-holders and harnessing women’s sports properties’ underlying engagement are three of the main tre…
CazéTV and Globo to split Euro 2024 rights in Brazil
Fast-growing Brazilian streamer CazéTV has made its latest high-profile football acquisition in a deal for exclusive rights to 25 matches at Euro 2024.
Viaplay bids to stave off insolvency with SEK4bn equity raise, debt renegotiation
Viaplay Group has laid out plans for a “recapitalisation programme” that includes a SEK4bn (€350m/$382m) new equity raise and SEK14.6bn debt renegotiation package as part of measures designed to stave off insolvency and subsequent bankruptcy.