Asset Ogilvy

The Asset Ogilvy agency has renewed its Formula One media rights in Greece and Cyprus for a further three years, from 2019 to 2021

The Asset OgilvyEntertainment agency has secured rights deals in Greece, Albania, Cyprus and FYR Macedonia for the Formula One motor-racing world championship.

Pay-television broadcaster OTE has acquired rights in Greece for the Formula E Championship electric car-racing series.

Telecommunications and pay-television operator PrimeTel has acquired rights in Cyprus for the Liga and Copa del Rey Spanish club football tournaments.

Formula One rights in Greece will remain with incumbent rights-holders ERT and Cosmote in the next cycle, after a brief period of negotiation with local rights-broker, the Asset Ogilvy advertising agency

The Asset Ogilvy agency has made a small profit from selling on Spanish LaLiga rights in Greece and Cyprus, following renewals with pay-television broadcasters Cosmote and PrimeTel.

Competition between sports-rights agencies has helped Spain’s LaLiga grow the value of its media rights in several new deals across Europe.

Rights in Greece to Spain’s LaLiga have increased in value by about 50 per cent, while German Bundesliga rights have stayed flat in deals this month with Asset Ogilvy and Cosmote respectively.