EXCLUSIVE: ATP Media income dips given Shanghai cancellation but broadcast revenue up

(Photo by Jean Catuffe/Getty Images)
(Photo by Jean Catuffe/Getty Images)

Income at ATP Media, the ATP Tour’s international media rights sales and broadcast production arm, dipped slightly in 2022 due to the non-recurrence of an insurance payout for the cancellation of the Shanghai Masters but the main revenue streams were up slightly.

ATP Media Holdings Limited registered total income of $150.9m (€136.7m) last year, down from $160.6m in 2021.

Insurance cover of $10.3m was paid out in 2021, SportBusiness understands, but was not available last year despite the cancellation. The Shanghai event was not held between 2020 and 2022 due to Covid-19 restrictions.

Broadcast revenue rose by three per cent to $135.6m in 2022 despite the devaluation of the Euro and British pound sterling against the US dollar.

However, streaming revenues derived from Tennis Data Innovations (TDI) fell by 26.5 per cent to $11.1m due in part to what ATP Media described as post-Covid guarantees made in 2021 to incentivise event staging.

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