Finance & Law
Canada’s Competition Tribunal approves Rogers-Shaw merger
Rogers Communications’ C$20bn (€13.9bn/$14.7bn) bid for rival Canadian telco Shaw has been approved by the Competition Tribunal in the country, seemingly paving the way for a merger between the two firms.
Cricket Australia strikes A$1.5bn extensions with Foxtel and Seven, legal action withdrawn
Cricket Australia has extended its domestic media rights agreements with pay-television operator Foxtel and commercial broadcaster Seven in deals worth a total of A$1.5bn ($1bn/€954.4m) over seven seasons, from 2024-25 to 2030-31.
PTO raises $30m in Series B funding with Warner Bros. Discovery among investors
The Professional Triathletes Organisation has today (Friday) announced the completion of a Series B funding round led by private equity firm Divergent Investments, with Warner Bros
White Bridge to acquire majority stake in technology solutions firm Crionet
White Bridge Investments II has signed a binding agreement to acquire a majority stake in technology solutions provider Crionet
OneFootball sheds 11.5 per cent of global workforce
Streaming platform and media company OneFootball has made 62 redundancies following a review of business operations that has dramatically downsized operations in Singapore and downgraded revenue expectations…
Italian government approves five-year ceiling for media rights deals
The Italian government has approved changes to sports broadcast rights legislation that will allow for contracts running up to five years
FuboTV ‘target of cyber attack’ during World Cup semi-final
Streaming platform FuboTV was hit by an alleged criminal cyber attack during Wednesday’s Fifa World Cup semi-final match between France and Morocco.
Tokyo 2020 broadcasting leads IPC revenues and expenses to both hit €53m
The International Paralympic Committee has reported revenues of €53.4m for 2021, a sizeable uplift on 2020 due to the one-off ‘Tokyo 2020 Broadcast project’.
The broadcast initiative represented €28.9m – or
Serie A clears regulatory hurdle for domestic rights sale, news access provision made
AGCOM, the regulator and competition authority for the communications industry in Italy, has approved the guidelines for the sale of the next set of domestic broadcast rights to Serie A, the top division…
Thai regulator ‘seeks World Cup rights refund’ from sports authority
The National Broadcasting and Telecommunications Commission (NBTC) is reported to have called on the Sports Authority of Thailand (SAT) to return the THB600m (€16.39m/$17.2
DFL ‘delays talks’ on Bundesliga rights equity sale
The German Football League (DFL), organising body of the top two divisions of the domestic game, has delayed talks over the potential sale of a stake in its media rights business to next year amid a lack…
World Cup rights-holder New World TV hit by cyber attacks
New World TV, the Togo-based satellite broadcaster that holds free-to-air and pay-television rights to the 2022 Fifa World Cup in French-speaking sub-Saharan Africa, has claimed it has suffered a series…
Amendment proposed for five-year domestic Serie A deals
An amendment has been filed to the Melandri Law, the 2008 legislation which imposed the collective selling of media rights on professional sport in Italy, to extend the maximum duration of domestic broadcast…
WTT eyes full slate of Grand Smashes by 2024, revenues recover to reach $29m
World Table Tennis, the commercial arm of the International Table Tennis Federation, is confident that a full quota of four ‘Grand Smash’ tournaments will be in place by 2024, when it will look to rol…
Disney pays MLB $900m for remaining stake in BAMTech
ESPN parent completes series of transactions for streaming technology entity
TyC Sports hit by complaint over World Cup access in Argentina
Cámara Argentina de Internet (Cabase), an entity which represents companies and organisations from across the country’s internet ecosystem, has filed a complaint against subscription broadcaster TyC Sp…
Thai authorities taken to court over World Cup access
The Sports Authority of Thailand (SAT) and National Broadcasting and Telecommunications Commission (NBTC) have been taken to court over claims they failed to ensure broad coverage of the 2022 Fifa World…
Premier League and Astro hail ‘landmark’ piracy ruling in Malaysia
The English Premier League and Malaysian pay-television operator Astro have hailed a “landmark ruling” after an eatery in Kuala Lumpur was found to have breached copyright laws by showing pirated sports broadcasts.