IMG

Three leading industry figures are bullish on media rights values, believing that Netflix is likely to enter into European sports acquisitions to continue its growth, thereby significantly boosting competition in the market.

The hazards of private equity investment in football was a strong theme at this year’s IMG x RedBird Summit with Lorin Parys, the Belgian Pro League CEO, issuing a warning over the associated payouts.

At least five top-tier sports marketing agencies are vying for the chance to sell Uefa Champions League commercial rights from 2027-28 onward, after the deadline for bids passed this morning.

The Belgian Pro League will once again look for a five-season domestic broadcast rights agreement after launching its tender in conjunction with the IMG agency.

IMG is currently looking to recruit a vice-president of football in the Americas and a vice-president of rights in Latin America after losing some key experience in the region

ESPN has renewed its rights to the US Open in a long-term 12-year deal that will run to 2037 but sees the United States Tennis Association assume host broadcast duties.

Paramount has laid down a signal of its intent internationally by retaining domestic media rights to the national team matches of Australia’s Matildas and Socceroos with an expanded level of inventory.

IMG is reshuffling its operations in the Asia-Pacific region, relocating from Singapore to Sydney under the joint guidance of Dale Levin and Matt Dwyer, SportBusiness can reveal.

Warner Bros. Discovery has taken over as the exclusive broadcaster of the French Open in the US in a deal that nearly tripled the media rights fees on the previous cycle.

CAF is looking to strike deals for its club competitions with broadcasters across sub-Saharan Africa and sell international rights not already awarded to beIN Sports and carved out of IMG's deal, SportBusiness understands.

IMG has widened its remit with the Saudi Pro League (SPL) in a five-season production agreement that adds to its existing role in selling the competition’s international broadcast rights.

The R&A continues to experiment with its direct-to-consumer approach by streaming the Open Championship behind a paywall in 20 countries where there is little demand for the rights, SportBusiness understands.

DR secured a three-year deal for its Wimbledon rights following a one-year agreement last year as Denmark continues to provide strong returns for tennis rights-holders. 

A grand slam has been broadcast on Tennis TV for the first time after ATP Media's OTT subscription streaming service stepped in to provide coverage in New Zealand of this year's Wimbledon, which concludes on Sunday.

The values of Cricket Australia and Cricket South Africa media rights have grown in Pakistan through deals with Ten Sports and ARY, respectively, as the market continues its trend of slight growth, fuelled by pay-TV broadcast competition as well as the entrance of multiple digital players.

Guillermo Santa Cruz and James Tree, two of IMG’s most senior executives in the Americas, are leaving the agency.

Sports broadcaster Eurosport will continue to be the home of all four Grand Slams across much of Europe after media group Warner Bros. Discovery renewed its Wimbledon rights across 11 territories at a slight uplift. 

The US’s top-tier National Women’s Soccer League has achieved a substantial increase in its media rights fees, though the cash value of its agreements is understood to be short of the ‘40x’ total uplift that has been reported.