Finance & Law
Helbiz strikes live Serie B rights deal with OneFootball, reveals streaming income
Helbiz Media, a division of US-based micro-mobility company Helbiz, has agreed a distribution deal in Italy with media platform OneFootball for live coverage of the Serie B domestic competition
Seven reluctant to be drawn into AFL bidding war despite decade-best financials
Australian free-to-air broadcaster Seven is prioritising “economics over ego” during the ongoing bidding process for the domestic media rights to the Australian Football League, its chief executive has…
Genius Sports Q2 revenues up 27 per cent but $4.8m loss posted
Global betting data services company Genius Sports has increased its second-quarter revenues by 27 per cent year-on-year, but the cost of acquiring premium sports rights and buttressing its technology…
Barcelona strikes late €100m ‘fourth lever’ deal with Roures’ Orpheus Media
Barcelona has announced the sale of a 24.5-per-cent stake in its Barça Studios production division to Orpheus Media, a production entity run by Mediapro co-founder Jaume Roures, for €100m ($102.8m
UFC and return of live events boost Endeavor’s Q2 results
Sports and entertainment group Endeavor has once again raised its full-year revenue guidance after posting $1.31bn (€1.26bn) in second-quarter revenue and $42.2m in net income.
Barcelona sells further Barça Studios stake for €100m amid struggle to meet budget rules
Barcelona has activated a fourth ‘lever’ to meet LaLiga budget rules, selling 24.5 p
Foxtel adds 500,000 subscribers as streaming growth continues
Australian pay-television operator Foxtel saw its number of paid subscribers increase by more than 500,000 during the 12-month period to the end of June as the growth of its streaming services more than…
Kaikini and Houlihan launch rights advisory business after leaving Pitch
Sunil Kaikini and Austin Houlihan, the two executives who recently left the Pitch International agency, have set up Libero 33 Media Limited, a new sports media and commercial rights advisory business,…
LaLiga, Movistar Plus secure fresh court orders against content piracy
LaLiga and Telefónica’s pay-TV broadcaster Movistar Plus have claimed fresh court rulings against the piracy of their content.
Formula 1’s Q2 revenues increase to $744m
Formula 1 recorded revenues of $744m (€731.6m) during the second quarter of this year as the return of crowds and an uplift in sponsorship and media receipts helped increase its operating income to $65m.
Warner Bros. Discovery registers $3.4bn Q2 loss, predicts ‘experimentation’ in BT joint venture
Media group Warner Bros. Discovery has announced a Q2 net loss of $3.4bn (£2.8bn/€3.3b
Bayern executive Jung calls on DFL to move Super Cup abroad, scrap 50+1 ownership rule
Bayern Munich commercial executive Andreas Jung has called on the German Football League (DFL) to stage the German Super Cup abroad in order to increase the league’s international presence and commercial a…
FC Barcelona sells 24.5-per-cent stake of Barça Studios to Socios.com for €100m
LaLiga giants FC Barcelona have sold a 24.5 per cent stake of the club's in-house production operation Barça Studios to the Chiliz-owned fan token and engagement platform Socios.c
Mediapro: Debt facilities repaid after closing of €500m refinancing
Mediapro, the international broadcast production group and rights agency, has announced that it has successfully completed its full refinancing through a new “long-term” €500m ($511m) facility.
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Sky posts 13.8-per-cent Q2 revenue drop after sports rights ‘resets’
Sky, the Comcast-owned European pay-television broadcaster, saw its second-quarter revenues drop by 13.8 per cent year-on-year to $4.5bn (€4.4
Birmingham 2022 to pass Glasgow’s 1.3m ticket sales, commercial income ‘in good place’
The organisers of Birmingham’s 2022 Commonwealth Games, which get under way this evening with the opening ceremony, expect to soon surpass the ticket sales total registered at Glasgow 2014 and are also c…
Infront invests as Sydney Marathon joins race for WMM expansion slot
The Infront agency has acquired a minority stake in the Sydney Marathon and will market its commercial rights as it becomes the third candidate to seek an expansion slot among the World Marathon Majors…
Canal Plus Polska repurposes pirate websites to promote its offering
Pay-television broadcaster Canal Plus has claimed a first for the Polish market through action that has led to the disabling of online portals offering pirated content, and their subsequent repurposing…