Finance & Law
EXCLUSIVE: Stats Perform and AFA enter mediation amid ongoing legal battle
Sports data and technology company Stats Perform is to enter mediation with the Argentinian Football Federation amid a long-running legal dispute over betting video and data rights to Argentinian football,…
Foxtel plans Kayo price hike as streaming subscribers grow
Australian broadcaster Foxtel has increased the price of Kayo Sports after reporting a big jump in subscribers at the sports streaming service during financial results for the first quarter this year
FIS and Infront on course for legal collision over controversial rights centralisation plan
Controversial plans to centralise international broadcast rights to World Cup events under a so-called ‘Concorde Agreement’ have placed the International Ski Federation (FIS) in legal conflict with the…
Serie A buoyed by lifting of three-year international rights restriction
Lega Serie A will no longer be limited to three-year terms for its international rights deals, after the Italian Council of Ministers approved changes to the Melandri Law, the 2008 law which imposed the…
Mediapro wins third ruling against RFEF this year
The Mediapro agency has won its third ruling against the Spanish Football Federation (RFEF) this year.
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Rugby Australia cuts losses as media rights income hits A$40m
Rugby Australia cut its losses to A$4.5m ($3.3m/€3.1m) last year after broadcast revenue increased by more than 50 per cent during another rugby union season disrupted by the Covid-19 pandemic.
Sky reports 71-per-cent Q1 Ebitda uplift amid lower operating expenses
Sky, the Comcast-owned European pay-television broadcaster, recorded $622m (€591m) in adjusted Ebitda (earnings before interest, taxes, depreciation and amortisation) for the first quarter of 2022, a y…
Super Bowl-Beijing Olympics combo pays off for Comcast
Quarterly results show sharp increases in overall revenue, advertising sales, Peacock subscriptions
NZ Rugby records first profit since 2017, media rights income hits NZ$80m
New Zealand Rugby has recorded its first profit since 2017 after revenue increased by 36 per cent to NZ$188.8m ($123m/€116.8m) during another challenging year for the rugby union association.
Competition regulator backs Mediapro’s deal for Fox Sports channels in Argentina
The Argentinian competition regulator has given the green light to the Mediapro agency’s acquisition of Fox Sports channels in the country.
Bodhi Tree invests $1.76bn in Viacom18 ahead of IPL auction
Bodhi Tree, the media investment vehicle promoted by media executives James Murdoch and Uday Shankar, will invest INR13,500 crore ($1.76bn/€1.6
M6 shareholders give green light to TF1 merger
M6 shareholders have approved its proposed merger with fellow French commercial broadcaster TF1
OneFootball raises $300m from investors, forms blockchain JV
OneFootball, the football-focused streaming and media platform, has closed a $300m (€285m) Series D funding round led by the New York-based Liberty City Ventures and has also created a blockchain technology j…
Zaslav: don’t expect Warner Bros. Discovery spending spree
CEO of newly merged company stresses financial discipline in call with analysts
Beijing 2022 drives Discovery’s 25-per-cent Q1 revenue uplift
Media group Warner Bros. Discovery has reported a 25-per-cent first-quarter revenue increase at its international operations, thanks in part to Discovery’s broadcast of the Beijing 2022 Winter Olympics.
United Group’s revenues grow as sports rights spending increases
United Group has reported higher revenues for the 2021 financial year thanks to multiple acquisitions that it concluded, while its sport rights spending more than doubled
Viaplay adds 778,000 to global subscriber total, confident of dodging Netflix-style dip
The launch of Viaplay in the Netherlands helped the streaming service add 778,000 new subscribers to its global total in the first quarter of this year
Musk enters into $44bn definitive agreement to acquire Twitter
Questions remain regarding billionaire's plans for prominent social media platform