7Sports ups interest in DOSB New Media

7Sports, the sports business division of German commercial broadcaster ProSiebenSat.1 Group, has increased its stake in the DOSB New Media division of the German Olympic Sports Confederation.

7Sports has acquired a further 10-per-cent interest in DOSB New Media, which operates online streaming service, Sportdeutschland.TV, raising its stake to 67.5 per cent.

The InfoSat.de website said 7Sports acquired the shares from consulting firm GSC, which had held a 15-per-cent interest with GIP Media Productions. The latter’s remaining five-per-cent stake will now go to Björn Beinhauer, managing director of DOSB New Media.

The DOSB will retain its 27.5-per-cent stake in the business.

Most recent

Social media giant Facebook’s challenges around its Copa Libertadores coverage in Latin America have convinced it that non-exclusive rights models form “one of the best ways” of breaking into markets where entrenched viewing habits restrict the potential for exclusive rights to grow engagement with the platform.

The Football Association rejected a higher bid for domestic FA Cup rights for the 2021-25 cycle from incumbent pay-television broadcaster BT Sport in favour of commercial broadcaster ITV, SportBusiness Media understands, in a move that took the competition exclusively free to air in the UK.

Spanish football’s LaLiga extended its rights deal in China with Wuhan DDMC Culture in May without going to market, where it would have faced a tough task maintaining its income, SportBusiness Media understands. The Chinese rights market has cooled since the previous deal was agreed, and DDMC is thought to be paying the league a strong rights fee.

South African pay-television operator Multichoice is facing the biggest challenge in its 26-year history in the form of a two-pronged regulatory attack on its dominant position in the country’s sports-rights market.