Event and venue management company iRena is making a substantial loss on its deal for all Chinese Volleyball League media and marketing rights.
MP & Silva has seen the value of several of its European football properties tumble in China following a pair of new deals in place of its broken agreement with LeSports.
Chinese streaming operator LeSports will change its acquisition strategy to focus on premium content, chief executive Lei Zhenjian told TV Sports Markets this week.
Online streaming company PPTV has acquired rights in China for football’s English Premier League.
The English Premier League’s new media-rights deal in China is one of the most valuable ever signed in the country.
WWE’s exclusive distribution deal with Chinese digital operator PPTV marks a step change in the wrestling promotion’s approach to the Chinese market.
Chinese OTT player PPTV pulled out of its deal for French Open tennis rights shortly before this year’s tournament began, TV Sports Markets understands.
The Chinese digital market’s seemingly never-ending growth boosted another property last month, as the Ultimate Fighting Championship agreed a lucrative deal with PPTV Sports.
Benfica’s deal with Nos has triggered a wave of negotiations, with Porto and Sporting Lisbon particularly keen to take advantage of competition in the marketplace.
China’s booming digital sports rights market has helped the Premier League, LaLiga and Uefa’s Champions League earn impressive returns in recent months from a historically difficult market.