Finance & Law
Helbiz seeks partners for media arm amid focus on core business
Helbiz, the US-based micro-mobility company, has announced it is seeking partners for its media business, Helbiz Live, as it undertakes several measures to reduce costs
UK government launches ‘Digital Rights Review’ for sports events
The UK government has today (Tuesday) launched a review into whether its free-to-air ‘listed events’ rules should be reformed to accommodate changes in the broadcast and consumption of major sporting eve…
Viaplay shelves launch in DACH region, plans Baltic cost savings
Viaplay Group, the international subscription streaming broadcaster, will not launch in German-speaking markets as planned next year amid wider cost-cutting initiatives
Disney posts what it calls ‘peak’ losses in its DTC operations
Streaming subscribers continue to grow for ESPN parent, but so do operating losses
FIH elects Asian hockey CEO Ikram as president, direct federation income nears CHF5m
Asian Hockey Federation (AHF) chief executive Tayyab Ikram has been elected as the new president of the International Hockey Federation (FIH), seeing off the challenge of Marc Coudron
Formula 1’s Q3 revenues rise to $715m
Formula 1 has reported revenues of $715m (€721m) for the third quarter of 2022, a seven-per-cent increase on the same period in 2021 but a slight decrease compared with the $744m posted in the second q…
FuboTV sees record subscriptions, exceeds revenue forecast
Sports-first live television streaming platform FuboTV announced record high 1
Warner Bros. Discovery accelerates combined streaming service
Merged offering of HBO Max, discovery+ to debut next spring in US
Asia Rugby strikes long-term deal with marketing agency Redstrike
Asia Rugby has announced a strategic agreement with sports marketing agency Redstrike.
The deal will see Redstrike develop the regional rugby union association’s commercial and sponsorship programmes.
Sport ‘resilient’ to economic downturn but ‘not crisis proof’
Sport continues to show strong resilience to negative macro-economic factors but is not entirely “crisis proof”, according to leading industry stakeholders.
Comcast considers sale of Sky Deutschland
Media giant Comcast is thought to be considering a sale of the German arm of Sky, as the European pay-television broadcaster’s total customer relationships increased by 320,000 to 23 million in the third q…
DAZN makes further redundancies at London headquarters
Global sports streaming service and media company DAZN Group is undertaking another round of redundancies at its London headquarters as it steps up recruitment across other operations under an increasingly…
ESPN sells controlling interest in X Games to MSP Sports Capital
ESPN and New York-based private equity firm MSP Sports Capital announced a sale of ESPN’s majority interest in the X Games to MSP Sports Capital, with ESPN continuing to own a minority, non-controlling p…
BeIN signs landmark agreement with Saudi agency
BeIN Media Group, the Qatar-based pay-television broadcaster, has signed a strategic agreement with Saudi Media Co., an advertising sales agency with close connections to the Saudi government
Eliasch: FIS media rights centralisation is a question of when, not if
The centralisation of international broadcast rights to the FIS World Cup series is a question of “when, not if”, according to Johan Eliasch, the International Ski Federation (FIS) president, despite the…
Court of appeal: Canal Plus does not need to restore TF1 distribution
French pay-television broadcaster Canal Plus has welcomed a ruling from the Paris Court of Appeal which confirms that it is under no obligation to reinstate its carriage of free-to-air channels operated…
PFL, DAZN enter three-pronged agreement centred on European JV
DAZN and the Professional Fighters League have struck three separate agreements that will see DAZN become a minority equity holder in the PFL's new European mixed martial arts promotion, as well as a media…
Serie A targets near tripling of international rights revenues
Lega Serie A believes it can come close to tripling international broadcast revenue by 2030, as the top division of Italian club football readies the sales process for the next three-season window