Finance & Law
LiveScore Group secures landmark £50m investment from Ringier
LiveScore Group, the sports update, live streaming and gaming company, has received a £50m (€58m/$57.5m) strategic investment from Swiss media group Ringier.
New World TV embroiled in row over on-sale of World Cup rights in Senegal
Senegalese media group E-Media and RTS, the public broadcaster in the West African country, have become caught up in a dispute over ownership of exclusive rights to this year’s Fifa World Cup.
TF1 weighs up legal action over Canal Plus carriage row
French commercial broadcaster TF1 has said it is “seriously considering” legal action against pay-television broadcaster Canal Plus amid the carriage dispute between the two companies.
Planned investment by the Philippines’ ABS-CBN in TV5 is terminated
A planned investment deal between two of the Philippines' biggest media groups and sports broadcasters has been terminated after coming under political pressure
Warner Bros. Discovery and BT complete sports joint venture deal
Media group Warner Bros
Nine reports increased revenues at linear and streaming businesses
Australian media group Nine Entertainment reported increases in revenue and ebitda (earnings before interest, taxes, depreciation, and amortisation) at its linear television business and a revenue increase…
ITF generated $67m in 2021 as Covid effect lingers
The International Tennis Federation generated $66.6m (€66.2m) in income in 2021, a significant increase on the $35.6
Matchroom Sport and group companies posted £17.8m profit during Covid-hit year
Revenues at Matchroom Sport and its group subsidiaries reached £189.
Sport Republic and Brentford owner among fresh Sport Buff investors
Gamification and on-screen engagement company Sport Buff has secured a further $2.5m (€2.5
DFL ‘hires Deutsche Bank’ to aid media rights equity sale talks
The German Football League (DFL), organising body of the top two divisions of the domestic game, is reported to have engaged financial services group Deutsche Bank to lead the potential sale of a stake…
IMMAF sells hosting and commercial rights to ISMM
The International Mixed Martial Arts Federation (IMMAF) has appointed a company named International Sport Management and Marketing (ISMM) to oversee the distribution of the hosting rights for its World…
Viaplay threatens TV2 with lawsuit over Premier League clips
Viaplay Group has threatened legal action against Norwegian commercial broadcaster TV2 over its use of clips from the English Premier League
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