Multi-sport
Lagardère sells stake to Vivendi amidst Amber Capital ‘attack’
French media group Vivendi has acquired a 10.6-per-cent stake in Lagardère, the France-based conglomerate that recently sold its sports division to H.I.G.
Facebook invests $5.7bn in Jio stake, launches gaming app
Social media giant Facebook has invested $5.7bn (€5.24bn) in Jio in a move that makes it the largest minority shareholder in the Indian digital platform.
The investment of a 9.9
Canal Plus’ international revenues boosted by M7 acquisition
First-quarter revenues at pay-television broadcaster Canal Plus rose by 9.6 per cent to €1.37bn ($1.4
BeIN Sports Xtra added to Samsung TV Plus in Canada
Pay-television broadcaster beIN Sports has expanded its reach in Canada by agreeing to make its beIN Sports Xtra channel available via Samsung TV Plus
Switzerland cuts licence fee again but SRG SSR funding increased
The Swiss Federal Council has announced a reduction in the licence fee paid by households from CHF365 (€347/$377) to CHF335 per year, a 8.2-per-cent fall.
Twitch’s interactivity proves popular with traditional sports during shutdown
Amazon-owned streaming service Twitch built its reputation as a home for esports and video gaming communities, but its prominence as a platform for traditional sports is growing as it looks to widen its remit.
Culture minister hands lifeline to France 4 channel
Public broadcaster France Télévisions’ France 4 channel could be saved from closure as a consequence of the increased popularity of its youth and educational content shown during the ongoing Covid-19 loc…
S&P downgrades Endeavor credit rating
Credit ratings agency S&P Global this week downgraded Endeavor, owner of the IMG sports marketing agency and the Ultimate Fighting Championship, from "highly speculative" to "substantial risk"
Veteran media executive Levy joins The Raine Group
David Levy has joined global merchant bank The Raine Group has a senior advisor, providing the veteran media executive a new landing spot after an short-lived stint last fall with the National Basketball…
Content aggregator Alchimie launches OTT sports channel
Europe-based digital content aggregator and distributor Alchimie has announced the launch of a new sport-focused over-the-top channel, Unbeaten
ESPN asks top talent to take temporary pay cuts
US sports broadcaster ESPN has asked approximately 100 of its top on-air commentators to take temporary pay cuts amid the ongoing sports competition shutdown enforced by the global Covid-19 pandemic
SportBusiness Media 24:06
Inside this issue:
RUGBY UNION: Six Nations pauses media-rights sales in face of Covid-19 pandemic
FOOTBALL: Uefa sees sharp fee hike from club competitions in Balkans on strong interest
Foxtel lays off sports staff
Australian pay-television broadcaster Foxtel yesterday announced it was laying off 200 staff and furloughing 140 more until the end of June, with chief executive Patrick Delany calling this week the "toughest…
Killane succeeds Kürten as Eurovision Sport executive director
Glen Killane has been promoted to the role of executive director of Eurovision Sport, the sports arm of the European Broadcasting Union, taking over from the long-serving Stefan Kürten, who is to leave t…
Asian sports media industry adjusts to coronavirus shutdown
The shutdown of live sport due to the Covid-19 pandemic has stopped media-rights payments and negotiations, and prompted a scramble by broadcasters for alternative content across Asia-Pacific.
Matchroom founder Hearn recovering after ‘minor heart attack’
Barry Hearn, the event promoter and founder and chairman of the Matchroom Sport agency, is recovering after suffering a heart attack on Sunday
SRG SSR makes temporary lay-offs, MySports could follow suit
Swiss public broadcaster SRG SSR has temporarily laid off 600 employees due to the impact of the Covid-19 pandemic
Nent expands Norwegian distribution deal with Altibox
The Nordic Entertainment Group (Nent) has expanded its long-running distribution agreement with Altibox, the Norwegian IPTV operator