Finance & Law

Two Circles is in advanced stage discussions to acquire the Spring Media agency as it looks to scale up its broadcast rights distribution capabilities, SportBusiness understands

Monday Night Football, ESPN's weekly showpiece NFL game, will be available to DirecTV's 11 million customers tonight (Monday) after the carriage dispute with Disney was finally resolved.

The hazards of private equity investment in football was a strong theme at this year’s IMG x RedBird Summit with Lorin Parys, the Belgian Pro League CEO, issuing a warning over the associated payouts.

Max and Discovery+, Warner Bros. Discovery's streaming platforms, are to be made available to basic-tier customers of US cable giant Charter at no extra charge, as part of a landmark carriage deal unveiled today.

Mediapro registered a profit of €12m ($13.3m) in 2023 as revenues rose narrowly to €1.2bn but remained well short of levels enjoyed before the Covid-19 pandemic.

BeIN Sports’ first instalment payment for its slice of Ligue 1 domestic rights remains unpaid with the broadcaster understood to be holding out for full details of the sponsorship inventory it has been awarded.

Major League Baseball has piled the pressure on Diamond Sports Group, claiming it will consider "more drastic" legal action should the firm's emergence from bankruptcy not be accelerated

Russian sports marketing agency Telesport is allegedly demanding the bankruptcy of its former owner Petr Makarenko as the businessman and his former company come under a myriad of lawsuits to recover debt

The merger between Disney Star and Reliance Industries, the majority owner of Viacom18, has been approved by the Competition Commission of India (CCI), subject to the compliance of “voluntary modifications”.

The future of Paramount Global is not yet set in stone, after veteran US media executive Edgar Bronfman Jr submitted a late $4.3bn (€3.9bn) takeover bid.

The domestic media rights legal battle in Germany between the German Football League (DFL) and its incumbent broadcaster DAZN is set for a late September outcome

Owners KW25 and Red Bull are said to be targeting a valuation of up to €500m for the WRC's commercial rights-holder.

Sports rights costs continued to climb in the second quarter for Sportradar, but the ATP and NBA investments are paying dividends, according to the group, as it consolidated its market position.

News Corp is weighing up the sale of its Foxtel pay-television business in Australia after receiving takeover interest.

US media giant Paramount Global's focus will remain international when its takeover by Skydance Media is completed, despite a tightening of the belts that will lead to mass job cuts.

IMG Arena and OpenBet have become the first Endeavor-owned entities to be put up for sale ahead of Silver Lake’s expected privatisation of the sports and entertainment giant in the first quarter of 2025.