Discovery Communications has so far recouped more than 70 per cent of its internal target from sublicensing Olympic Games media rights across Europe, according to TV Sports Markets research.

Social media company Facebook is reportedly set to signal its growing ambitions in the sports rights market by hiring Peter Hutton, chief executive of international sports broadcaster Eurosport.

Public-service broadcaster UA:PBC has acquired rights in Ukraine to the 2018 and 2020 Olympic Games at a considerable uplift on the cost of the 2014 and 2016 Games.

Finnish telco DNA has struck a deal to extend carriage of pan-European sports broadcaster Eurosport’s channels.

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.

The value of US Open media rights across Europe will increase by about 26 per cent in the next cycle following deals struck with Eurosport and Amazon last month.

TVR is in the process of completing its deal for rights to the 2018 and 2020 Olympic Games in Romania.

International sports broadcaster Eurosport has reached an agreement to continue showing the US Open grand slam tennis tournament across Europe, with the exception of the UK and Ireland.

Eurosport has unveiled plans for its coverage of the 2018 winter Olympics to mark 100 days to go until the start of the PyeongChang 2018 Games.

Sports and betting-related services company Sportradar has agreed deals to deliver coverage of the European Volleyball Confederation’s (CEV) Champions League in more than 60 territories across Asia and Africa.