Finance & Law
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…
Mediaset claims compensation from Rojadirecta court ruling
Italian commercial broadcaster Mediaset has announced it will receive compensation in excess of €500,000 ($506,000) as a result of a court ruling it has secured against online platform Rojadirecta.
ASO confident over women’s Tour de France ‘investment’ as opener nets 3m domestic viewers
Event promoter Amaury Sport Organisation is confident that its investment in the women’s Tour de France will pay off commercially in future years with a sizeable free-to-air audience creating an appealing p…
Barcelona sells more LaLiga rights income to Sixth Street, enters NFT space
FC Barcelona has sold an additional 15 per cent of its LaLiga television rights income to Sixth Street Partners, taking the US-based investment firm’s stake to 25 per cent, while it has also delved into t…
Viaplay ups subscriber target after passing 5.5m, projected international loss trimmed
Viaplay Group has announced in its second-quarter interim report that its paying subscribers are up 69 per cent compared to the first six months of 2021.
Viaplay’s subscriber base has hit 5.5
Viaplay seals Premier Sports takeover, appoints DAZN’s Breeze to lead UK operations
Viaplay Group has bolstered its presence in the UK ahead of its impending launch in the market later this year by agreeing a deal to acquire pay-television broadcaster Premier Sports, while the subscription…
DFL ‘prepares auction for equity rights stake’ in return to investment market
The German Football League (DFL) is once again looking to sell a stake in its future broadcast rights and is preparing a tender designed to attract investment from private equity companies