Global
World Rugby elects first southern hemisphere leader
Australia's Brett Robinson has set out his stall to create the “right culture to deliver commercial outcomes for a contemporary global sport” after being elected chair of World Rugby.
EXCLUSIVE: Team, Relevent in box seat for Uefa club rights
Incumbents Team Marketing and Relevent Sports Group are the two agencies still vying to sell Uefa club competition rights from 2027-28 following recent presentations, SportBusiness understands
FIA seeks new World RX promoter
The International Automobile Federation (FIA) has launched a tender process to replace Rallycross Promoter as the World Rallycross Championship (World RX) promoter.
In-play NFL betting boosts Genius’ Q3 figures
Genius Sports has reported third-quarter net income of $13m (€12.3m) and an 18-per-cent revenue jump, buoyed by in-play NFL betting and following lucrative contract renewals with sportsbook clients.
IMG Arena still for sale after Emanuel-led MBO
Endeavor chief executive Ari Emanuel has led a management buyout of betting and sports data businesses OpenBet and IMG Arena for $450m (€424m), but the latter remains for sale.
T/Squared wins Davis Cup, BJK Cup media rights remit
T/Squared, the agency set up by the Team Marketing group to house new business, is to broker global media rights deals for the Davis Cup and Billie Jean King Cup in a four-year deal, SportBusiness understands.
Sportradar nets €37m profit despite rights uplift
Sportradar overcame a €14m ($18m) jump in third-quarter financing costs on the back of new rights deals with the ATP Tour, Bundesliga and NBA to report profit of €37m in the third quarter.
Paris 2024 effect boosts WBD financials
Warner Bros. Discovery has registered a $135m net profit in Q3, despite total revenues falling four per cent, aided by a record growth in DTC subscribers amid the Olympic Games
Queensberry, Matchroom boxers on same platform in DAZN deal
British boxing promoter Queensberry Promotions has signed a multi-year rights deal with DAZN, putting its fights on the same global platform as arch-rival Matchroom Boxing
Expanding Two Circles has no appetite for big minimum guarantees
The media agency operation formed out of Two Circles’ acquisition of Spring Media has no plans to put down large minimum guarantees and will focus on a “new era” of rights monetisation, according to leaders at both companies.
Fubo Q3 net loss narrows to $55m
Fubo has improved its third-quarter performance compared to the same period last year, though is still operating at a loss, the streaming platform has revealed in its latest financials earnings report
EXCLUSIVE: Stats Perform seeks abrupt end to Serie A deal
Stats Perform is attempting to suddenly withdraw from its agreement for betting rights to Italy's Serie A, shocking staff on both sides of the deal.
Eredivisie, IMG plot international OTT strategy
IMG and the Eredivisie plan to launch an online streaming platform to showcase matches not taken by international broadcasters and are also looking to include Dutch Cup rights in a wider package.
What’s next in cricket’s commercial journey?
Cricket's future formats, media rights, and new markets were under discussion at a panel session at this year’s Sportel conference in Monaco yesterday (Tuesday).
SportBusiness Media 28:19
Inside this issue, we look at Uefa’s six-year deal with beIN for the rights to its men’s national team competitions in Mena. In basketball, we take a look at two deals in important European markets for the sport. There’s also analysis of LaLiga’s experimental agreement in India with Galaxy Racer.
UFC lands multi-faceted, global Kick deal
Kick, which holds an existing relationship with American fighter Max Holloway, has signed a wide-ranging media and sponsorship deal with the UFC
Two Circles makes broadcast move in Spring Media takeover
Two Circles has finalised an agreement to acquire the Spring Media agency as it moves into broadcast rights sales for the first time, also adding production and direct-to-consumer streaming capabilities…
Volleyball World ‘ready to go D2C’ in core TV market
Volleyball World maintains that it is prepared to turn to its OTT platform VBTV in a major broadcast market as it continues rights negotiations in three Asian markets plus Italy.