Finance & Law

Walt Disney's combined streaming business was profitable for the first time in the third quarter, helped by ESPN+, as the US entertainment giant moved back into the black

Genius Sports’ second-quarter net loss has widened year over year to $21.8m (€20m) as the group says it will only target profitable betting rights acquisitions, having already sewn up English Premier League and NFL contracts to nearly the end of the decade.

Streaming platform Fubo lost more than 60,000 subscribers in North America during the second quarter of 2024 and posted a net loss of $25.8m (€23.6m) for the three-month period.

Ecuador's Liga Pro has announced a major clampdown on illegal streaming of its content after the return of the top flight on a new broadcast partner was disrupted by piracy.

OneFootball has wound up its Singapore-based Asia-Pacific operations amid a small number of redundancies globally as the media platform continues to reshape its business, SportBusiness understands

A host of leading sports rights-owners and rights-holders have slammed X, the social media platform formerly known as Twitter, for its approach to tackling piracy, and demanded immediate action be taken

A federal judge has overturned the verdict of a class-action lawsuit that ordered the National Football League to pay $4.7bn (€4.3bn) to subscribers of Sunday Ticket, the league’s domestic out-of-market broadcast package.

Diamond Sports Group, owner and operator of regional sports networks (RSNs) in the US, has finally struck a carriage agreement with Comcast in what represents a major boost to its bid to exit bankruptcy.

Canal Plus, a subsidiary of media conglomerate Vivendi which plans to list it on the London stock exchange, earned increased revenues in the first half of 2024 compared to last year

The National Basketball Association's next media rights deal could be heading to the courtroom after Warner Bros. Discovery met its deadline to match one of the offers on the table under the league's proposed $76bn (€70bn), 11-year contracts.

Formula E has spent £110,000 (€130,700/$142,300) to acquire the intellectual property rights to W Series, the all-female racing championship that collapsed into administration last year.

Viaplay Group’s subscriptions have dropped year-on-year, though financial losses have reduced significantly, as the embattled media group continues to focus on its core markets of the Nordics and the N…

The majority of French clubs have sought to calm the rhetoric emerging from some counterparts in response to the heavily criticised Ligue 1 rights sales as ructions begin to emerge with private equity investor CVC.

Fenway Sports Group (FSG) has blamed the “general economic context of French football” for ending its discussions to buy Ligue 2 club Girondins de Bordeaux.

The National Football League is set to allow each of its 32 franchises to sell to private equity investors, albeit up to a limit of 10 per cent only, commissioner Roger Goodell has declared

Formula E, the electric single-seater racing series, has revealed a loss of €42.4m for the financial year ending September 30, 2023, closing the gap on the previous year's €65m shortfall.