Multi-sport
Apollo Global Management buys Verizon Media assets
American telecommunications giant Verizon is largely exiting the digital media space as it is selling Verizon Media assets, including Yahoo and AOL, to alternative investment firm Apollo Global Management…
Mediaset, Vivendi lay down arms after long legal battle
Mediaset and its second-largest investor, Vivendi, have agreed a truce on their long-running legal battle, through a deal which will see the French media group significantly reduce its interest in the…
Sky reports highest subscription growth for six years but sharp Ebitda fall
Sky, the Comcast-owned European pay-television broadcaster, has reported a 10.6-per-cent increase in revenue alongside a 33
Shapiro: Endeavor IPO will provide flexibility, cut debt and accelerate growth plans
Endeavor’s initial public offering will generate funds to provide “flexibility” over how the business is run, pay down debt and enable further acquisitions, according to Mark Shapiro, president at the s…
Production house NVP and Hiway Media finalise joint venture
Italian production house NVP and start-up OTT platform provider Hiway Media have finalised a joint venture that will see the two companies combine to offer end-to-end services to rights-holders and broadcasters…
Slovakia’s Orange Sport to close TV channels
The Slovakian arm of telecoms operator Orange has said it will close its sports television channels
International push from LiveScore with rollout of ‘Watch’ video service
LiveScore, the sports update and results provider that has moved into live streaming, has launched a global video content service to showcase some of its rights to various football leagues and competitions
Endeavor IPO prices shares at $24 apiece ahead of first day of NYSE trading
Sports and entertainment group Endeavor has raised $511.2m (€421.9m) in a US initial public offering through the placing of 21.3 million shares at $24 apiece, the upper end of its originally-stated range.
BT in talks over sale of sports broadcast business
BT is in talks with possible investors over its sports content business, BT Sport, as the UK telecoms operator seeks to consolidate its activities around its core communications offering
Discovery’s Q1 international revenues up 7 per cent, global OTT subscribers hit 15m
Media group Discovery has reported a 7-per-cent increase in first-quarter revenues at its International Networks division, generating $987m (€816m) in the first three months of 2021.
Mediaset plans to revive ‘MediaforEurope’ project
Italy-based commercial broadcaster Mediaset is set to revive its MediaforEurope (MFE) project, which aims to unite its domestic and Spanish business interests into a Dutch holding company
Infront’s merged digital operation unveils brand identity, leadership team
The Infront agency has unveiled the new ‘Infront X’ identity for the entity created as a merger of iX.co,
DraftKings strikes wide-ranging partnership with Meadowlark Media
Prominent American daily fantasy and sports betting operator DraftKings has significantly broadened its content footprint by striking a wide-ranging partnership with Meadowlark Media that notably includes…
Panam Sports claims first with OTT platform launch
Panam Sports, the body that represents 41 National Olympic Committees in the Americas, has claimed to be the first continental organisation in the Olympic Movement to launch its own OTT streaming service,…
Disney to shut Fox Sports Asia channels
The Walt Disney Company is shutting down its Fox Sports Asia pay-television channels later this year, drawing the curtain on one of the longest-standing sports television businesses in the region
Sport TV’s losses widen to €5.7m
Portuguese pay-television broadcaster Sport TV has seen its losses increase by 59 per cent year-on-year.
Sport TV registered a loss of €5.69m ($6.8
Sling TV, DraftKings debut new betting information channel
Prominent Massachusetts-based gaming company DraftKings is expanding its relationship with American streaming service Sling TV to offer an exclusive, branded sports betting information channel
Loop acquisition adds to Matchroom’s in-house production capabilities
The Matchroom agency has acquired Loop, the live streaming and production company that it has worked with on various projects