Hong Kong

Hong Kong sports broadcaster LeSports HK is expected to cease operations this week after an application was filed by its creditors, according to daily newspaper the Standard.

Hong Kong commercial broadcaster TVB has agreed a late rights deal for this year’s winter Olympic Games in Pyeongchang, South Korea.

Cricket Hong Kong has unveiled a series of rights deals with pay-television broadcasters for the 2018 Hong Kong T20 Blitz cricket tournament.

Viacom International Media Networks has acquired rights across multiple markets in Asia to the Bellator mixed martial arts promotion.

Digital streaming service LeSports has sold on its Fifa World Cup 2018 rights in Hong Kong at a significant discount as it plans to cease operations in the territory.

Hong Kong telco PCCW has acquired exclusive rights to the 2018 Fifa World Cup.

Cricket Hong Kong has entered into a partnership with professional services company Accenture and Cricket Australia that will result in the development of new digital media platforms for the revived Hong Kong World Sixes tournament and the Hong Kong T20 Blitz.

Cricket Hong Kong has appointed production company Sunset+Vine to provide host broadcast services for the 2017 Hong Kong World Series and 2018 Hong Kong T20 Blitz.

LeSports, which is operated by Chinese internet company LeEco, has said it has sealed a new round of funding that values it at Y24bn (€3.2bn/$3.5bn), adding that its investors will form a new body that will seek to supervise its financial affairs.

UK horse racing pay-television broadcaster Racing UK has entered into a rights partnership with the Hong Kong Jockey Club.

Aggressive Chinese OTT operator LeSports has cash-flow problems, resulting in delays to payments for many of its deals.

National Basketball Association media rights soared in value in Hong Kong by more than 500 per cent this week as LeSports displaced incumbent rights-holder PCCW.

LeSports, which is operated by Chinese internet company LeEco, has acquired rights in Hong Kong and Macau to North American basketball league the NBA.

International sports broadcaster Eurosport recovered a third of its spend on the 2016 US Open in Asia from a deal with LeSports in Hong Kong.

LeSports, which is operated by Chinese internet company LeEco, has marked its launch in Hong Kong by acquiring rights to the US Open grand slam tennis tournament.

Now TV, the pay-television service of Hong Kong telecommunications company PCCW, has reached an agreement to retain coverage of football’s English Premier League for the three-year period spanning the 2016-17 to 2018-19 seasons.