Finance & Law
Genius Q1 betting uplift compensates for dips in other segments
Data, technology and broadcast services group Genius Sports has posted a year-on-year revenue uplift of 13 per cent for the first quarter, fuelled by a significant increase in income from betting technology,…
European Leagues calls for faster anti-piracy action
Europe’s top football leagues have called on the European Commission to fast-track its action against online piracy, warning its proposed two-and-a-half-year review could exacerbate the illegal exploitation o…
D2C unit in the black but Warner Bros. Discovery posts $1bn Q1 loss
Warner Bros. Discovery Inc today (Friday) posted a first-quarter loss exceeding $1bn (€910m), largely tied to its 2022 mega merger, but did announce a surprise profit for its streaming business.
CVC ‘ends talks’ over Matchroom Sport investment
Private equity firm CVC Capital Partners has reportedly ended talks with Matchroom Sport over the acquisition of a stake in the sports event promotions firm
Seek injunctions but cut prices, EC tells broadcasters in ongoing piracy battle
Rights-holders were today (Thursday) told by the European Commission they should be allowed to secure injunctions against online piracy of live sports events, but they were also urged to cut prices to…
WWE readies India, UK TV rights talks once domestic deals finalised
World Wrestling Entertainment will turn its attentions to securing improved media rights deals in India and the UK once it has concluded its ongoing domestic sales process, chief executive Nick Khan has…
Spanish watchdog opens case against Telefónica over DAZN F1 deal
Telecoms operator Telefónica is facing fresh action from Spain’s competition watchdog, the Comisión Nacional de los Mercados y la Competencia (CNMC), over its sublicensing deal with OTT subscription bro…
Diamond Sports sues Phoenix Suns, Mercury over local streaming venture
The Phoenix Suns of the National Basketball Association and the Phoenix Mercury of the Women's NBA (WNBA) have been sued by Diamond Sports Group after the teams left their regional sports network (RSN)…
KKR ‘out of running’ for DFL media rights subsidiary
KKR & Co., the US private equity firm, has pulled out of the process to become a strategic partner with the German Football League (DFL) in a new media rights subsidiary, according to reports
RMG generates £118m in media and data rights payments
Racecourse Media Group, the holding company responsible for media and data rights for a host of horse-racing destinations, has announced that it generated £117.6m (€133.3m/$147.1m
Comcast revenue dips as Peacock Q1 losses top $700m
US cable giant Comcast's revenue decreased 4.3 per cent year-over-year to $29.7bn (€26.7
Barcelona to close down Barça TV
Spanish LaLiga club FC Barcelona has announced that it will close its in-house television channel, Barça TV.
Sports rights costs must come down, warns Viaplay’s Jensen
The cost of sports media rights “will have to come down in various ways” according to Anders Jensen, the president and chief executive of subscription broadcaster Viaplay Group.
DFL progresses with plans for media rights subsidiary investment
The German Football League (DFL) has said member clubs from its top two divisions, Bundesliga and Bundesliga 2, will next month decide whether to proceed with talks with a selected group of three entities…
Court sides with Nationals in MASN rights fees case
The New York Court of Appeals has ruled in favour of Major League Baseball's Washington Nationals after the team's long-time dispute with the Baltimore Orioles over broadcast rights fees paid by the Orioles-controlled…
Viaplay posts €40m international operating loss in Q1
Viaplay Group, the subscription streaming broadcaster, has reported an operating loss of SEK454m (€40.1m/$44.2
Serie A tender set for May launch, investment adviser to be named
Lega Serie A has announced that its next domestic broadcast rights tender will launch by the middle of next month, with the governing body of the top division of Italian club football to make a decision…
Mediaset renews Telefónica sublicensing deal for Spanish GP
Media group Mediaset España has agreed a deal with telco Telefónica to show live coverage of this year’s edition of Formula 1's Spanish Grand Prix.