Global

The ATP and WTA are understood to have reached consensus on key issues that would enable the two entities to combine their commercial interests, paving the way for a historic merger.

The latest issue of SportBusiness Media looks in depth at the Chinese Super League's domestic media rights deal with Migu, the ongoing sports betting rights saga in Brazil, a pair of MotoGP deals and much more.

The Paris 2024 host broadcast will feature automated production of highlights from 14 sports, 3D replays in certain disciplines for the first time and an opening ceremony dubbed the “largest live broadcast production ever”.

Zeus Sports Marketing and 1190 Sports have agreed deals with 10 top-tier Brazilian clubs for the upcoming season, but the rights of Brazil’s biggest clubs remain unsold with the first round of Brasileirão fixtures beginning on Saturday, April 13.
USA

US digital media company Greenfly has announced the closing of equity investments of $14m, highlighting the growing importance of short-form digital content tech suppliers in the sports media sector.

Mark Shapiro, president and chief operating officer of Endeavor, has secured a salary increase to $7m (€6.4m) on the back of the agreement struck to take the sports and entertainment giant private.
USA

Liberty Media has targeted the Americas as the main growth region for MotoGP after striking a deal for Dorna Sports that values the series promoter and rights-holder at €4.2bn ($4.5bn).

ATP Media intends to have put in place full remote production in two years’ time as it joins other sports rights-holders in embracing the technology designed to streamline costs and reduce carbon footprint.

Inside this issue, we examine why Uefa has enjoyed a substantial increase in sub-Saharan Africa, look at why Matchroom Sport stands to benefit from teenager Luke Littler’s fairytale run to the 2024 PDC World Championship final, and analyse why the German Football League’s deal with Sportradar for its betting data and streaming rights makes it one of the most lucrative among European football leagues. With plenty more besides.

Dorna Sports’ expected sale to Liberty Media for over €4bn ($4.3bn) offers the potential to generate a host of commercial efficiencies across both Formula 1 and MotoGP in a watershed moment for motorcycling.

The OTT platform launched by the R&A using Endeavor Streaming technology has been set up to gather consumer data and provide a vehicle to stream the Open in markets devoid of competition.

Having secured an increase of around two-and-a-half times in domestic broadcast and betting rights, the Czech league football association has gone to market with its international broadcast and betting video rights from 2024-25 to 2028-29.

The German Football League renewed its betting data and streaming rights distribution deal with long-standing partner Sportradar at a significant increase in value, SportBusiness Media understands.

Sportradar swung back into the black in the fourth quarter thanks to growth across all segments, sending the sports data and betting services firm’s share price soaring to a temporary seven-month high in Wednesday morning trading.

World governing body FIFA enjoyed income of $1.17bn (€1.07bn) in 2023, boosted by strong commercial revenues from the Women’s World Cup in Australia and New Zealand.

Joe Markowski is leaving his role as chief executive of DAZN in North America with IMG’s Michael Ridout to take on certain duties heading up the broadcaster’s combat sports activities, SportBusiness can reveal.

Inside this issue, we take a close look at the renegotiated NFL-Genius betting rights deal, the KBO League's strong domestic rights increase, TNT Sports' deal for BCCI rights in the UK, and plenty more besides.

Matchroom Sport delivered a profit of £33.8m during the 2022-23 financial reporting period on the back of strong performances from its darts and boxing verticals, SportBusiness has learned.