Analysis
Multiple hurdles for Diamond before Amazon’s ‘brilliant, brilliant deal’ can begin
Amazon’s proposed agreement with Diamond Sports Group to secure local streaming rights to US sports leagues has been hailed as a “brilliant, brilliant deal”, though approval of the plan is far from certain.
Serie B’s Balata: Fifa/Uefa ‘gigantism’ harms domestic league revenues
Mauro Balata, president of Italy’s second football division, Serie B, has called on football’s governing bodies to be more aware of the negative impact their constant expansion of competitions has on the value of domestic leagues.
CJ ENM renews Australian Open at sharp uplift
South Korean media group CJ ENM has agreed to a three-fold increase in its fee to renew rights to the Australian Open for a further three years, from 2025 to 2027.
Sony doubles fee to renew Uefa club competitions
Sony Pictures Networks will pay around double its current fee to shore up its football portfolio with a renewal of Uefa club competition rights in the Indian subcontinent from 2024-25 to 2026-27.
Ascending Cazé TV won’t rival established broadcasters for rights buyouts
Agency LiveMode has no plans to compete directly against Brazil’s established media companies for all-encompassing exclusive rights deals despite racking up a powerful audience base on streamer Cazé TV.
NBA seeks ‘sweet spot’ in rapidly evolving US media landscape
The National Basketball Association’s next round of domestic rights deals seems certain to look very different to those of the last two decades, as streaming technology and changing user behaviour drive change in the US media market at an unprecedented pace.
NFL seeks greater year-round engagement through NFL+
While maintaining its linear dominance, the NFL is increasingly focusing attention on NFL+, its direct-to-consumer streaming service which has just completed its second regular season.
PSL on sustainable path after growth in domestic deals
Despite systemic weakness in the Pakistani economy, and chronic instability at the Pakistan Cricket Board, the Pakistan Super League T20 competition is on a sustainable path after securing strong increases in domestic media rights fees for the next two seasons.
Amazon replaces Sky at same fee for Wimbledon rights in Germany and Austria
Amazon will show Wimbledon on Prime Video for the first time in any market after it stepped in to acquire rights in Germany and Austria when Sky exercised a break clause in its contract.
Formula E solves Germany TV puzzle but at some cost
Formula E is banking on a close working relationship with motorsports experts Red Bull to fuel interest in the electric racing series in Germany and overturn what it hopes is a short-term drop in media rights fee in its biggest market.
Disney Star and Reliance seek to dodge further ‘bloodbaths’ through merger
The proposed merger between Disney Star and Reliance is being driven to a great extent by the wish to avoid a repeat of the 2023 IPL, in which the two entities undercut each other, resulting in reduced advertising revenues.
What the rights Amazon drops says about its sports strategy
Amazon has found that premium sports properties drive acquisition of new customers to its Amazon Prime premium service but are not necessary for their retention.
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.
Sky snaps up US college sports rights at low cost
UK pay-television broadcaster Sky’s acquisition of US college football and basketball rights from ESPN will provide good exposure for American university sport through to the end of the 2024-25 season, but little in the way of remuneration.
ECB lands big uplifts for rights in Australia
Nine Entertainment and Foxtel renewed their England and Wales Cricket Board media rights in Australia from 2024 to 2031 at increased fees after extracting strong value from the ECB’s properties in recent years.
Sky drives Premier League’s marginal gains as competition fades away
The English Premier League’s first domestic media rights auction for almost six years has produced an overall uplift of just over three per cent, prompting sighs of relief across offices in Paddington, Isleworth and Chiswick.
Amazon pays big uplift in Australia to ‘test water’ with ICC rights
Online retail giant Amazon “blew the competition out of the park,” to quote one source, in order to secure International Cricket Council rights for the next four years in Australia.
WBD helps NBA to marginal increase despite little UK competition
The NBA has secured a slight uplift for its media rights in the UK thanks to its domestic broadcast partner, Warner Bros. Discovery, stepping up in the absence of competition.