Finance & Law

Multiple Sports
Finance & Law

Brazilian sports marketing agency LiveMode has recruited experienced sports broadcast executive Leo Lenz Cesar to its expanding team
Baseball
Finance & Law

Major League Baseball is reported to be planning to stream games for free for around six teams due to the increasing likelihood of the bankruptcy of Diamond Sports Group, which owns the Bally Sports stations…
Football
Finance & Law

Multi-platform subscription broadcaster Viaplay is investigating claims it has repeatedly broadcast Uefa Champions League matches in Norway without holding rights to the competition in the market.
Multiple Sports
Data

Sports data and betting services company Genius Sports posted revenue of $341m (€320m) for the 2022 financial year, narrowly ahead of projections, as group net loss dropped considerably from $592.8
Football
Finance & Law

Hernan Lopez, the former chief executive at Fox International Channels, has been convicted of participating in a scheme to pay bribes to South American football officials, while the Full Play agency has…
Football
Finance & Law

Swiss pay-television broadcaster Blue has announced it will increase its sports subscription prices and end its single-match pay-per-view service as a result of increasing rights and production costs.
Multiple Sports
Finance & Law

Canal Plus, the France-based pay-television broadcaster, has reported a significant uplift in its total subscriber base, with revenues also increasing to €5.87bn ($6.2
Tennis
Finance & Law

The Women’s Tennis Association (WTA) has today (Tuesday) announced the closing of its agreement with CVC Capital Partners that will see the private equity company invest in a new commercial vehicle for t…
Football
Finance & Law

European football’s governing body Uefa received total revenues of €4.05bn ($4.32bn) last season, according to its recently published Financial Report for 2021-22.
Tennis
Finance & Law

Private equity investment in tennis could help to pave the way for the ATP Tour, WTA Tour, International Tennis Federation (ITF) and four Grand Slams to aggregate their broadcast and betting rights, according…
Motorsport
Finance & Law

Formula 1’s revenue for the 2022 financial year rose to $2.57bn (€2.41bn), with the figures boosted by record attendances at its races.
Multiple Sports
Events

Sports and entertainment group Endeavor, owner of the IMG and WME agencies, has posted increased revenue of $5.27bn (€4.9
Multiple Sports
Finance & Law

Media group Warner Bros. Discovery reported a net loss of $2.1bn (€1.98bn) in the fourth quarter of 2022 despite generating $11bn in revenue over the period.
Football
Finance & Law

Streaming platform and media company OneFootball is to shrink its headcount from 470 to 320 as it dramatically reduces its cost base in the wake of recent moves into the non-fungible token (NFT) and wider…
Multiple Sports
Finance & Law

Pay-television broadcaster Sky New Zealand has seen its half-year profit fall despite revenue rising, as it broke through the one million subscriber barrier
Multiple Sports
Finance & Law

Sinclair Broadcast Group's consolidated revenue of $960m (€904.9m) dropped 35 per cent year-over-year in the fourth quarter of 2022, with the company pointing to the loss being primarily due to the deconsolidation last year of Diamond Sports Group (DSG), which runs Regional Sports Network (RSN) Bally Sports.
Wrestling
Events

World Wrestling Entertainment (WWE) set gate and viewership records for its Elimination Chamber event in Montreal, Canada
Multiple Sports
Finance & Law

Czech investment company PPF Group has acquired a 9.1-per-cent stake in German media group ProSiebenSat.1, becoming its second-largest shareholder after Italy-based commercial broadcaster Mediaset