Finance & Law
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…
SES and Intelsat step away from merger discussions
SES has announced that talks have ended regarding a potential merger deal with rival satellite operator Intelsat
Canal Plus targets Asian streaming market with $300m Viu investment
Pay-television broadcaster Canal Plus has strengthened its presence in the Southeast Asia market by becoming a minority shareholder in Viu, an OTT streaming service owned by Hong Kong-based telco PCCW
MWE Networks takeover rescues Golf Channel Polska
Polish media group MWE Networks has agreed a rescue deal for Golf Channel Polska, a platform operated under licence from NBCUniversal, owners of Golf Channel in the US
Diamond Sports Group makes rights fee payment for MLB’s Rangers
Diamond Sports Group, the parent company for regional sports network (RSN) Bally Sports, has paid the rights fee for Major League Baseball's Texas Rangers broadcasts
MultiChoice takes RoA business back to profit as subscriber base grows
Pan-African media group MultiChoice, owner of pay-television broadcaster SuperSport and pay-television operator DStv, has reported the return of its Rest of Africa (RoA) business to profitability, along…
1190 Sports, Fanatiz owner raises $74m to drive Latin American rights push
FZ Sports, the parent company of South American sports marketing agency 1190 Sports and streaming platform Fanatiz, has raised $74m (€68m) in financing.