North America
Sport drives Disney’s first streaming profit
Walt Disney's combined streaming business was profitable for the first time in the third quarter, helped by ESPN+, as the US entertainment giant moved back into the black
Genius forecasts sharp revenue growth as net loss widens
Genius Sports’ second-quarter net loss has widened year over year to $21.8m (€20m) as the group says it will only target profitable betting rights acquisitions, having already sewn up English Premier League and NFL contracts to nearly the end of the decade.
Fubo posts $25.8m Q2 loss as subscribers dip
Streaming platform Fubo lost more than 60,000 subscribers in North America during the second quarter of 2024 and posted a net loss of $25.8m (€23.6m) for the three-month period.
Judge overturns $4.7bn Sunday Ticket ruling
A federal judge has overturned the verdict of a class-action lawsuit that ordered the National Football League to pay $4.7bn (€4.3bn) to subscribers of Sunday Ticket, the league’s domestic out-of-market broadcast package.
Venu Sports sets price point for streaming launch
The price point for Venu Sports, the highly anticipated joint sports streaming venture from Walt Disney, Fox and Warner Bros. Discovery, has been set at $42.99 (€40) per month.
WBD triples US French Open media rights value in blockbuster deal
Warner Bros. Discovery has taken over as the exclusive broadcaster of the French Open in the US in a deal that nearly tripled the media rights fees on the previous cycle.
PGA Tour eyes slice of YouTube creator audience
The PGA Tour has taken steps to retain engagement within a key demographic as it launches a 9-hole event to tap into social media followings of YouTube golf content creators
Diamond strikes crucial Comcast carriage deal
Diamond Sports Group, owner and operator of regional sports networks (RSNs) in the US, has finally struck a carriage agreement with Comcast in what represents a major boost to its bid to exit bankruptcy.
WBD takes NBA to court as rights spat escalates
Warner Bros. Discovery has sued the National Basketball Association over the league’s rejection of its matching rights proposal, in the latest instalment of the NBA media rights saga.
Paris opening ceremony earns best ratings since 2012
NBCUniversal's decision to broadcast a commercial-free portion of an Olympics opening ceremony proved a success, with Paris 2024 setting a 12-year Games audience high for the US rights-holder
MLB Network launched as D2C offering in structure switch-up
Major League Baseball is separating its streaming offerings as it launches its flagship MLB Network channel as a direct-to-consumer service, separate from MLB.TV
Ball in NBA’s court as WBD matches Amazon bid
The National Basketball Association's next media rights deal could be heading to the courtroom after Warner Bros. Discovery met its deadline to match one of the offers on the table under the league's proposed $76bn (€70bn), 11-year contracts.
Reddit eyes ad sales uplift from new sports ‘programme partners’
Five of the United States' leading sports properties have struck agreements with Reddit to push their content to a younger audience while in turn driving up advertising revenue for the message board platform
5 takeaways from the NBA’s mega media rights deal
Aside from the huge financials on offer, SportBusiness Media delves into what this landmark rights deal means for stakeholders across the US sports industry.
Serie A sticks with CBS in the US in short-term renewal
CBS Sports has picked up its second piece of European football business in as many days, striking a two-season rights renewal for Italy's Serie A
CBS ousts ESPN as EFL rights-holder in US
Media rights to the English Football League in its fast-growing market of the United States are switching to CBS Sports from ESPN ahead of the 2024-25 season, it was announced today (Thursday)
Clock ticking for WBD after NBA board OKs mammoth deals
The National Basketball Association's record domestic media rights sales process is one step away from completion, after its board of governors approved the agreements with incumbent Disney and newcomers NBC and Amazon Prime Video.
Goodell: Private equity NFL ownership limited to 10 per cent
The National Football League is set to allow each of its 32 franchises to sell to private equity investors, albeit up to a limit of 10 per cent only, commissioner Roger Goodell has declared