Finance & Law
LFP, CVC formalise creation of ‘historic’ commercial subsidiary
France’s Professional Football League (LFP) has today (Friday) confirmed the signing of an investment commitment from private equity firm CVC Capital Partners for the creation of a new commercial subsidiary.
Judge sides with beIN in Canal Plus Ligue 1 rights appeal
The Versailles Court of Appeal has ruled in favour of beIN Sports in its long-running legal battle with fellow pay-television broadcaster Canal Plus regarding a sublicensing agreement for rights to Ligue…
Nielsen reverses course, agrees to private equity takeover
Improved offer leads to deal for prominent media measurement firm
Footters threatens legal action against Fuchs broadcasting Primera RFEF
OTT streaming platform Footters has threatened legal action against Fuchs Sports regarding the latter's decision to continue showing matches from Spain's third-tier Primera División RFEF.
French clubs reach agreement on distribution of CVC funds
France’s Professional Football League (LFP) has announced that the 20 clubs in the top-tier Ligue 1 have reached an agreement on the distribution of funds from CVC Capital Partners’ proposed investment in …
Sky NZ raises sports subscription fee, citing rights inflation
Pay-television broadcaster Sky New Zealand will increase the price of a Sky Sport subscription by NZ$3 ($2.07/€1.89) per month from May 1.
Customers will pay NZ $34.9
Nielsen rejects private equity takeover offer
Prominent US-based media measurement firm turns down $15bn bid
Footters buoyed by court ruling in Primera RFEF broadcast dispute
A court in Spain has ruled against the decision of the Fuchs group to withdraw the broadcast signal of the third-tier Primera RFEF division from Footters, the OTT streaming platform
Consortium’s acquisition of controlling stake values StarzPlay at $420m
An Emirates-based consortium has signed a binding agreement to acquire around 57 per cent of StarzPlay Arabia, the subscription video-on-demand service
Endeavor earnings swing back to a loss, but 2022 optimism high
UFC posts its best financial year in its 28-year history, helping boost parent company
WarnerMedia’s HBO Max to combine with discovery+ following merger
Media group Discovery plans to combine its subscription streaming service, discovery+, with WarnerMedia’s HBO Max, once its planned merger with the AT&T-owned entity completes.
TIM to hold formal KKR talks over takeover, explore Open Fiber merger
Telecom Italia (TIM), the dominant telecoms operator in Italy, has announced it will engage in formal talks with KKR over the US-based private equity firm’s takeover approach.
Match TV’s SPFL and Scottish Cup deals suspended
Match TV, the Gazprom Media-owned Russian broadcaster, has lost access to more football content after its deals to show the Scottish Premiership and Scottish Cup were suspended
RFEF insists Fuchs payments up to date after signal pulled from Footters
The Spanish Football Federation (RFEF) has said that the Fuchs group is up to date with its broadcast rights payments for the third-tier Primera RFEF division
Genius Sports Q4 revenues up 78.7 per cent but Ebitda down
Global sports data provider Genius Sports posted $84m (€76.4m) in revenues in its fourth fiscal quarter, an increase of 78.7 per cent from the comparable period in 2020.
Canal Plus reports full-year group revenue, profit and subscriber growth
Pay-television broadcaster Canal Plus Group has continued its growth trajectory, reporting significant rises in subscriber numbers, revenue and Ebitda (earnings before interest, taxes, depreciation, and…
LFP ‘receives four binding bids’ for commercial subsidiary stake
Four private equity groups have made binding bids for a stake in the commercial subsidiary being planned by France’s Professional Football League (LFP), it has been reported.
Premier League and EFL suspend Russian broadcast deals
The English Premier League and English Football League have suspended their media rights agreements with Russian broadcasters following the Russian military invasion of Ukraine