Multi-sport

Madrid-headquartered International Sports Broadcasting has officially retained its position as the host broadcaster of the European Games for next year’s edition of the multi-sport event in Minsk, adding rights distribution to its contract.

BeIN Media Group has said it will “pursue all legal means” to challenge a ruling from Egyptian authorities handing down a $22.7m (€18.4m) fine to the broadcaster for alleged anti-competitive practices in the North African market.

Social media platform Twitter has signed a raft of new content deals for the Asia-Pacific market, while it has enhanced its partnership with North American stock car-racing series Nascar.

Walt Disney, which operates sports broadcaster ESPN, has established a new division, Direct-to-Consumer and International, to oversee its streaming video and international businesses.

Hong Kong sports broadcaster LeSports HK is expected to cease operations this week after an application was filed by its creditors, according to daily newspaper the Standard.

Caribbean pay-television broadcaster Flow Sports has launched a new channel amid a wider rebranding of its portfolio in the region.

Lagardère Sports and Entertainment, which operates the Lagardère Sports agency, has reported a reduction in revenue, but an increase in earnings before interest and tax in its full-year financial report for 2017.

Social media company Facebook has signed on as an official supporter and content partner of the 2018 Commonwealth Games, which will be held in Gold Coast, Australia.

Social media company Facebook has made the latest effort to step up its presence in the video content market by hiring Matthew Henick, head of the entertainment studio of internet media firm BuzzFeed.

Media group News Corp and telco Telstra have signed definitive agreements to merge Australian pay-television operator Foxtel and pay-television broadcaster Fox Sports into a new company.

Media company Walt Disney has promoted James Pitaro to become the new president of sports broadcaster ESPN and co-chair of Disney Media Networks.

Discovery Communications secured three late sublicensing rights deals ahead of last month’s winter Olympic Games, taking it closer to its sublicensing revenue target.

Perform-owned OTT platform DAZN has acquired exclusive Commonwealth Games rights in Canada as it bids to widen its subscriber base by adding more locally-relevant content.

The 2018 Olympic Games was shown live in Singapore after a late deal with pay-television broadcaster Eleven Sports, which showed some coverage free-to-air.

DAZN, the OTT service operated by digital sports media company Perform, has acquired rights in Canada to the upcoming edition of the Commonwealth Games multi-sport event, which will be held in Gold Coast, Australia.

US media company Discovery Communications has reported a six per cent increase in its full year revenues as its proposed takeover of cable television network owner Scripps Networks Interactive was given the green light by the Department of Justice.