Finance & Law
Spanish court ‘upholds’ CNMC’s Telefónica sanctions in historic football rights case
Spain’s competition regulator, the Comisión Nacional de los Mercados y La Competencia, is reported to have been backed by the Audiencia Nacional, the country’s high court, over sanctions it handed out …
Lega Serie A extends anti-piracy tie-up with Friend MTS
Lega Serie A, organising body of the top division of Italian club football, has agreed a three-season extension to its anti-piracy agreement with content protection firm Friend MTS
BeIN Sports hails historic piracy win following French legislation
Subscription broadcaster beIN Sports France has claimed a major win in the fight against piracy after obtaining the first court decision requesting the blocking of fraudulent websites
Rojadirecta operators to stand trial as LaLiga, Mediapro push for six-year sentence
The creators of the Rojadirecta platform will stand trial with regard to piracy allegations from LaLiga, the organising body of the top two divisions of Spanish club football, and the Mediapro agency
Adjara Media Group adds Setanta Sports Ukraine to Eurasia acquisition
Georgia-based Adjara Media Group has agreed a deal to acquire the Ukrainian arm of pay-television broadcaster Setanta Sports, strengthening its position in the Eastern European market
Argentinian regulator spells out Disney-Fox sports broadcast conditions
Argentina’s competition regulatory agency, the Comisión Nacional de Defensa de la Competencia, has set out a number of conditions the Walt Disney Company must fulfil in order to address competition co…
PCB claims PSL arbitration win, Blitz denies legal closure
The Pakistan Cricket Board has claimed victory in its arbitration proceedings against the Blitz agency and Techfront, an affiliate of Global Sports Commerce, over rights fee payments related to the Pakistan…
Segev named as DAZN’s sole CEO, Waterman recruited as CFO
DAZN Group, the global sports subscription service and media company, is returning to a structure of a sole chief executive, scrapping the current splitting of the position between Shay Segev, former head…
Court sides with LaLiga in legal battle with Real Madrid
LaLiga, the governing body of the top two divisions of Spanish football, has announced today (Friday) that the Central Court of Administrative Litigation has “completely dismissed” an appeal filed by …
TPG Capital valued at more than $10bn following market debut
Private equity company TPG Capital, which owns the Creative Arts Agency, has been valued at more than $10bn (€8.7bn) after its first day of public trading yesterday (Thursday).
RFEF ordered to pay Mediapro compensation over Copa del Rey rights
The Spanish Football Federation (RFEF) has been ordered to pay compensation to Mediapro after a court ruled that it unlawfully excluded the agency from the process of awarding the domestic and international…
MLW sues WWE for ‘predatory and exclusionary conduct’
World Wrestling Entertainment has reportedly been sued by Major League Wrestling (MLW) based on allegations that it attempted to interfere in its business dealings and pressured third parties to call off…
Playmaker expands Latin American footprint with Cracks acquisition
Digital sports media company Playmaker has announced the acquisition of Mexico-based video sports platform Cracks
Premier League awarded $213m in collapsed PPTV deal court ruling
The English Premier League has today (Tuesday) been awarded just under $213m (€187.5m) – plus interest and costs – by the High Court of Justice in London as a result of its collapsed media rights deal with PPTV in China.
KKR ‘seeks PIF backing’ for Telecom Italia bid
US-based private equity firm KKR has approached Saudi Arabia’s Public Investment Fund to support its proposed takeover of Telecom Italia (TIM), the dominant telecoms operator in Italy, it has been reported.
Arena Television racked up ‘nearly £300m’ in loans before collapse – administrators
Arena Television, a UK-based outside broadcast company which ceased trading in November, borrowed almost £300m (€359m/$406m) from 55 lenders for fake assets, according to administrators for the group.
French senators seek limits to LFP’s commercial subsidiary plan
French senators have proposed that investors in the new commercial subsidiary being drawn up by the Professional Football League (LFP) should be limited to a 10-per-cent stake, with a representative of…
United Group founder Šolak lead investor in Sport Republic’s Southampton takeover
Serbian media magnate Dragan Šolak, the founder of the United Group, has agreed a deal to acquire a controlling stake in Premier League side Southampton, with reports valuing the deal at between £100m (…