Corinthians approves R$1.1bn deal with LFU
The supervisory board at Campeonato Brasileiro Série A club Corinthians has approved an agreement to join the Liga Forte União (LFU) collective in a deal reportedly worth R$1.1bn (€183m/$197m) over five years.
Barcelona terminates Mountain deal, drops plans to list media arm
Barcelona has terminated an agreement with Mountain & Co, a special purpose acquisition vehicle tasked with handling the Nasdaq flotation of the LaLiga club’s Barça Media business, to focus on “near-term” business opportunities.
TikTok to stream Esports World Cup, Star Sports lands rights in India
Social media platform TikTok has agreed a wide-ranging deal to cover the upcoming Esports World Cup in Saudi Arabia, while Star Sports Network has acquired rights in India to the event.
Media industry veteran Lynn joins URC board as independent chair
Media executive David Lynn has been named as an independent non-executive chairperson of the United Rugby Championship’s board.
Deltatre bolsters commercial team with two new hires
Streaming and digital technology company Deltatre has appointed Chris Mike and Darren Grimstead to its team in North America.
Toulouse’s Top 14 final attracts 4.2m viewers
Friday night’s Top 14 final between Toulouse and Union Bordeaux Bègles attracted over 4.2 million viewers across public-service broadcaster France Télévisions and pay-television broadcaster Canal Plus.
LaLiga backs UAE anti-piracy initiative
LaLiga, the governing body for the top two divisions of Spanish football, has agreed a Memorandum of Understanding with the United Arab Emirates’ Ministry of Economy to establish a lab aimed at combating piracy and protecting intellectual property rights in the country.
Fox-backed Twitch challenger Caffeine closes down
Backed by the likes of 21st Century Fox and Disney, Caffeine has ceased operations stating it has reached the point “where we are still not quite profitable”.
Monumental Sports Network adds to RSN footprint for Major League Cricket
Monumental Sports Network (MNMT) has become the latest US regional sports network to agree a Major League Cricket (MLC) rights deal.
SVT extends deal with Svenska Ishockeyförbundet
Swedish public-service broadcaster SVT has furthered its commitment to domestic ice hockey by extending its agreement with governing body Svenska Ishockeyförbundet.