Finance & Law
Sky granted new High Court order to block illegal streams
UK pay-television operator Sky has been granted a High Court order that will require internet service providers to block access to illegal streams of its linear channels
PPF deal takes sale of Viaplay equity to over 18 per cent
Czech investment company PPF Group has bought a 6.3-per-cent stake in Viaplay Group as the embattled streaming broadcaster continues to shift equity
Italian regulator approves 30-minute blocking of illegal streams
Autorità per le Garanzie nelle Comunicazioni (AGCOM), the regulator and competition authority for the communications industry in Italy, has given the green light to block pirated websites within 30 minutes, …
Canal Plus Group’s international expansion fuels three-per-cent revenue increase
Vivendi-owned media group Canal Plus posted revenues of €2.96bn ($3.26bn) for the first half of 2023, a three-per-cent increase on the same period during 2022.
EXCLUSIVE: ATP Media income dips given Shanghai cancellation but broadcast revenue up
Income at ATP Media, the ATP Tour’s international media rights sales and broadcast production arm, dipped slightly in 2022 due to the non-recurrence of an insurance payout for the cancellation of the S…
World Aquatics details financial strain of ISL legal battle
World Aquatics has spent over $10m (€9m) in legal fees in its bid to maintain control of the sport over the past three years, according to financial statements released today (Monday).
FIS and Infront strike peace deal over media rights centralisation
The International Ski and Snowboard Federation (FIS) and Infront have hammered out the details of a centralised media rights ‘framework agreement’ that brings to an end a long-running feud over the own…
Atlético-MG becomes Brazil’s ‘biggest SAF’, signs with Libra
Atlético-MG has become the latest club in Brazilian football to transition into a limited company (SAF), after the sale of 75 per cent to the newly-formed Galo Holding was approved.
Canal Plus swoops in for minority Viaplay stake
Canal Plus Group has acquired a 12-per-cent stake in Viaplay, the Nordic media giant that yesterday (Thursday) announced a staggering second-quarter loss and radical cost-cutting plans
Viaplay’s $575m Q2 loss prompts market exits, job cuts, potential sale
Viaplay is to exit the UK, US and Baltics markets and make 25 per cent of its employees redundant as part of massive cost-cutting measures, the Nordic media giant announced today (Thursday)
ITF hails ‘robust finances’ but 2022 accounts aided by one-off payments
David Haggerty, president of the International Tennis Federation, has hailed the "robust" finances and "strong commercial" future of the governing body, two months ahead of an election where he faces a serious challenge.
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…