Tencent (China)

Latest Features

Chinese internet giant Tencent picked up the English Premier League rights for the 2020-21 season at a massive discount compared to the value of the terminated deal with previous rights-holder PPTV.

China’s sports media-rights market is in the throes of a major correction, with the OTT platforms that have driven growth in the last five years seeking to renegotiate a string of deals.

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 Tencent Cloud division of Chinese digital media company Tencent has agreed a deal with World Rowing to provide global live streaming of the federation’s upcoming World Indoor Championships.

Chinese streaming giant Tencent showed a live Houston Rockets game on Monday for the first time since the Daryl Morey controversy in October 2019

Chinese digital giant Tencent has stopped live streams of games by the NBA's Philadelphia 76ers due to their appointment of Daryl Morey as president

Chinese tech giant Tencent has agreed a three-year partnership with Israeli AI technology provider WSC Sports around video production features and enhancements

Features

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.

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.