Finance & Law
Sports rights costs weigh on SABC’s reduced net loss
South African public-service broadcaster the SABC has reported an improvement in its net loss for the 2021-22 financial year.
The SABC stated that its net loss of ZAR201m ($11.08m/€11.4
Spring Media acquires Hogmore rights and production agency
The Spring Media agency has acquired Hogmore Media, the Liechtenstein- and Austria-based agency known for its work in the host broadcast and distribution of football friendlies
Australian government begins consultation on ‘anti-siphoning’ changes
Australia's new Labor government has started a public consultation on changing the country's 'anti-siphoning' laws that ensure certain sports events are shown on free-to-air television
Indian competition watchdog approves Sony-Zee merger
The Competition Commission of India (CCI) has approved the merger of Zee Entertainment Enterprises and Sony Pictures Networks, which will create a media giant in the country
Host of rights-holders and broadcasters in renewed anti-piracy call
Major sports rights-holders and broadcasters have signed a letter urging the European Commission to take a tougher stance on the illegal piracy of sports content.
Watchdog investigates public broadcaster RTVE over Fifa World Cup advertising sales
Spain’s competition watchdog, the Comisión Nacional de los Mercados y la Competencia (CNMC), has opened an investigation into public broadcaster RTVE’s sale of advertising slots for the Fifa 2022 Worl…
Indian government cracks down on betting news websites
India’s government has warned broadcasters against advertising gambling products following the rise of what it describes as “online offshore betting platforms” using news websites as a “surrogate product…
Bertelsmann’s RTL calls off plan to sell M6 stake
Luxembourg-based media company RTL Group has elected to retain its controlling stake in French commercial broadcaster M6, despite receiving what it states were “several financially attractive offers”.
Serie A approves guidelines for next rights cycle, attracts more private equity interest
Lega Serie A, governing body of the top division of Italian club football, has approved the guidelines for its next broadcast rights tender
OneFootball hires tech entrepreneur Cogevina as VP of women’s football
Streaming platform and media company OneFootball has appointed technology entrepreneur and gender equality activist Victoire Cogevina as vice-president of women’s football.
Segev: Team Whistle engagement key to Eleven deal, channel rebranding on ‘case-by-case’ basis
DAZN Group’s takeover interest in Eleven Group was driven not only by the latter’s football rights portfolio and strong presence in markets such as Belgium and Portugal, but also the ability of Eleven-owned dig…
DAZN completes swoop for Eleven Sports and Team Whistle, Radrizzani to join board
Global sports streaming service and media company DAZN Group has struck an agreement to acquire subscription broadcaster and streaming platform Eleven Sports in a deal including digital content company…
Bertelsmann explores M6 sale following TF1 merger collapse
German media conglomerate Bertelsmann, the majority shareholder of M6 through RTL Group, has said that it is exploring the sale of the French commercial broadcaster following the collapse of its proposed…
TF1 suffers court defeat in Canal Plus carriage dispute
French commercial broadcaster TF1 has suffered its second significant blow in the space of a week, with the Paris Commercial Court ruling against it amid the carriage dispute with pay-television broadcaster…
DFL’s Hopfen eyes return to international rights growth, confirms investment talks
German Football League (DFL) chief executive Donata Hopfen has called on the organisation to be “more ambitious” with its commercial targets and extract more value from its international media rights.
ProSiebenSat.1 acquires Warner Bros. Discovery’s shares in OTT service Joyn
German commercial broadcaster ProSiebenSat.1 has reached an agreement to acquire the outstanding 50 per cent of the shares in streaming service Joyn from media group Warner Bros. Discovery
DAZN targets profitability in DACH region within 12 to 18 months
DAZN aims to be profitable within 12 to 18 months in German-speaking countries, according to Alice Mascia, the subscription broadcaster’s new chief executive in the DACH region.
Viaplay heading to court in TV2 Premier League clips dispute
Viaplay Group has commenced legal action against Norwegian commercial broadcaster TV2 over its use of clips from the English Premier League