Finance & Law
Disney open to selling stake in ESPN, says Iger
Disney is considering selling an equity stake in ESPN and is "open-minded" in finding a strategic partner, according to its chief executive officer Bob Iger
DAZN, TIM hit with fines as AGCM closes Serie A rights investigation
Italy’s antitrust regulator, the Autorità Garante della Concorrenza e del Mercato (AGCM), has issued fines totalling more than €8m ($8.95m)
Italy’s sports media industry set for boost from anti-piracy law
Stakeholders in the Italian sports media business have welcomed the approval of a new law against online content piracy
Carney review: Women’s football can be billion-pound industry
A major review of women's football in England has recommended a series of changes to the governance of the game with its author, the former international Karen Carney, claiming that the sport could become…
Viaplay pulls full year guidance ahead of strategy update
Viaplay Group has announced the withdrawal of its previously communicated full year 2023 outlook amid the ongoing turbulence surrounding the international subscription streaming service and broadcaster
Greenfly acquires sports AI start-up
US digital media company Greenfly has announced the acquisition of Miro AI, an artificial intelligence-powered content-as-a-service platform
Barcelona ‘planning’ listing of digital unit on Nasdaq
Spanish LaLiga club FC Barcelona is planning on listing its Barca Media digital arm on the Nasdaq Stock Market after entering into talks with Swiss venture capital firm Mountain Partners over the formation…
Veloce secures $50m investment from GEM Digital
Veloce Media Group, a UK-based gaming and sports media company, has announced a major investment commitment of $50m (€46m) from digital asset investment firm GEM Digital Limited.
Two Brazilian clubs deny commitment to Liga Forte Futebol project
Liga Forte Futebol (LFF), one of two collectives seeking to plot a new path for Brazilian football, has miscalculated the level of support it enjoys among clubs, according to reports in the country
EXCLUSIVE: FA U-turns on Infront international rights award
A proposed four-season agreement between Infront and England’s Football Association to sell FA Cup broadcast rights in various international markets has not been signed off despite the agency being selected a…
Canal Plus interest in MultiChoice rises further
Canal Plus, the France-based pay-television broadcaster, has further increased its stake in pan-African media group MultiChoice, owner of pay-television broadcaster SuperSport and pay-television operator…
DAZN Italy CEO: Piracy steals €800,000 per day from sports industry
Sports subscription service and media company DAZN has called on the Italian parliament to speed up the introduction of a new bill targeting piracy, following the release of a report outlining that illegal…
Bankruptcy hearing for Diamond Sports, Arizona Diamondbacks adjourned until July 17
Diamond Sports Group's bankruptcy hearing on the regional sports network operator's contract with Major League Baseball's Arizona Diamondbacks has been adjourned until July 17
GMF Capital buys controlling stake in Motorsport Network
Private investment firm GMF Capital has completed the acquisition of global digital media platform Motorsport Network Media (MSNM)
Premier League joins Comcast tech start-up advisor programme
The Premier League has joined the partner consortium for the Comcast NBCUniversal SportsTech Accelerator as strategic advisors to start-ups selected for the annual programme
Canada Soccer mulls bankruptcy protection, CSB rights deal under renegotiation
Canada Soccer, the country's governing soccer body, is facing financial difficulties that may result in filing for bankruptcy protection
Von Cranach exits, management overhauled at beleaguered OneFootball
OneFootball chief executive Lucas von Cranach and fellow members of the management have left their roles following a financially turbulent 12 months for the streaming platform and media company
Diamond Sports Group asks court to allow Diamondbacks to be dropped
Diamond Sports Group, the parent company of regional sports network (RSN) Bally Sports, has asked a United States Bankruptcy Court to allow the company to end its contract with Major League Baseball's…