Finance & Law

Chinese conglomerate Wanda Group has appointed Deutsche Bank as advisers on a potential sale of the Infront sports marketing agency

The commercial success of the upcoming Fiba Basketball World Cup in south-east Asia will ensure the sport’s governing body breaks even for the four-year cycle despite the devastating impact of the global p…

DAZN has acquired women’s football-focused media platform Ata Football, which it will use to establish a “women’s sports vertical” within the group. Ata

FC Barcelona has announced the sale of a 29.5-per-cent stake in its digital business Barça Vision to German-based Libero Football Finance and Dutch investment firm Nipa Capital in a deal that will raise €120m ($132m) ahead of the new LaLiga season.

The merger between India’s Sony Pictures Networks and Zee Entertainment Enterprises has received approval from the National Company Law Tribunal. The long-awaited merger is set to create a $10bn (€9.1bn

ESPN's direct-to-consumer offering, ESPN+, has seen a dip in subscriptions from 25.3 million in the prior quarter ending April 1 to 25.2 million subscribers as of July 1

Continued strong results at the Ultimate Fighting Championship, betting growth and recent broadcast production contract wins at IMG helped Endeavor to post a 9.5-per-cent increase in quarterly revenues

Fox executive chairman and chief executive officer Lachlan Murdoch has emphasised the value of the pay-TV structure that Fox operates under but has not ruled out a direct-to-consumer plan down the road…

Paramount's revenue decreased two per cent year-over-year to $7.62bn (€6.93bn) in the second quarter as advertising revenue in the television segment declined 10 per cent but direct-to-consumer streaming revenue rose sharply.

Data, technology and broadcast services group Genius Sports has posted a year-on-year quarterly revenue increase of 22 per cent, boosted by strong revenue uplifts in its betting and media divisions

TWG Global, the investment vehicle of US billionaire Mark Walter, has acquired a minority stake in a joint venture set up with the International Tennis Federation to commercialise the Billie Jean King…

The new management team at OneFootball has enacted further cost-saving measures at the media company with the overall headcount reduced by 15 per cent

MFE-MediaForEurope, the parent company of commercial broadcaster Mediaset, has posted consolidated net revenues of €1.37bn and operating profit of €120.9m for the first six months of 2023.