Tencent (China)

Latest Features

Ewell Zhao talks about Tencent’s rights renewal with the NBA, its method for valuing sports media rights and the future of the Chinese sports video streaming industry.

Chinese social media giant Tencent saw off competition from rival streaming player Youku Tudou to retain the NBA’s digital rights in the country for the 2020-25 cycle at a record-breaking fee, underscoring the strong growth in China’s streaming market in recent years.

Major League Baseball has secured an uplift in the value of its media rights in China despite the early termination of its deal with LeSports.

The Chinese Basketball Association is close to reaching its media-rights income target of $60m (€51m) per season for the current cycle.

Event and venue management company iRena is making a substantial loss on its deal for all Chinese Volleyball League media and marketing rights.

Chinese technology giant Tencent has announced the purchase of Malaysian online streaming service Iflix’s “content, technology, and resources” as it seeks to enhance its presence in Southeast Asia. T

Chinese tech giant Tencent is said to have approached Baidu to buy a stake in its Chinese video streaming platform iQiyi

Chinese digital giant Tencent will get a motorsport statistics and results feed from media group Motorsport Network under a new, two-year deal

Chinese digital media company Tencent reported large increases in revenues and profits in 2019, but warned of the impact on its business of the coronavirus epidemic

Features

Online streaming platform Tencent is close to agreeing a deal for domestic Chinese Basketball Association rights for a fee close to the total value of the association’s digital rights last season.

The NFL secured a solid increase in the annual value of its digital rights in China from an exclusive deal with online streaming platform Tencent.

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.

Online streaming platform Tencent agreed a late deal for non-exclusive live digital Wimbledon rights in China for less than the price paid by LeSports before its deal was terminated.

Two recent deals with the National Basketball Association have fulfilled different needs for Eleven Sports Network in Singapore and Taiwan.

Chinese state broadcaster CCTV has recouped CNY200m (€27.3m/$30m) of its outlay on the Rio Olympics in digital rights deals this week.

LeSports has become the first Chinese internet operator to secure English Premier League rights in the upcoming 2016-17 season.

Chinese internet company Tencent has agreed a six-season deal for digital rights to North America’s National Hockey League.

The International Basketball Federation’s (Fiba) deal with Chinese digital company Tencent is thought to be its largest ever on a per-annum basis.

ESPN’s partnership with Chinese internet company Tencent last month is the latest stage in the broadcaster’s evolution into a global digital player

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.

The value of Premier League internet rights increased hugely in deals in China, but the value of digital clips in the UK remained flat in this week’s deal with Sky.

The National Basketball Association’s exclusive digital rights deal with Chinese internet operator Tencent, agreed late last month, looks to be a landmark one for the country’s media-rights market.