Euroleague Ventures – the joint venture between Euroleague Basketball and the IMG agency – has agreed a one-season extension to its deal with telco Telefónica in Spain and is close to a new deal in Germany.
Increased exclusivity encouraged telco Telefónica to maintain its fee to renew Formula One media rights in Spain this month despite a dearth of competition.
Italian public-service broadcaster Rai is understood to be close to a sublicensing deal with Discovery Communications to acquire rights to the 2018 and 2020 Olympic Games.
Spanish commercial broadcaster Mediaset acquired all rights to the 2018 Fifa World Cup in a deal worth at least 15 per cent less than Fifa earned for 2014.
Spanish public-service broadcaster TVE’s aggressive move to acquire all Spanish national team matches at the end of last month is evidence the country’s advertising market recovering from its 2013 low.