Multi-sport

Swedish communications technology company Ericsson has resurrected the Red Bee Media name after opting to rebrand its Broadcast and Media Services business.

Chinese online streaming platform Tencent has acquired a 12 per cent stake in Snap Inc, the parent company of social media platform Snapchat.

UK public-service broadcaster the BBC has said it will boost its live sports coverage by up to 1,000 hours per year as part of a wider strategy to transform its approach in the market.

Pay-television broadcaster Star India is set to launch its latest regional sports channel next month, amid plans for further offerings as it broadens its portfolio.

The European Court of Justice has overturned approval granted by the European Commission in 2014 for a merger of Dutch pay-television operators UPC and Ziggo, citing competition in the sports media market as its key concern.

Broadcast and audiovisual services supplier Euro Media Group and its subsidiary NetcoSports, which specialises in the development of technical and digital solutions for the sport and media industries, has acquired On Rewind to spearhead the group’s new OTT offering. 

Italian telecommunications group Telecom Italia (TIM) has finalised the creation of a joint venture with French pay-television broadcaster Canal Plus.

MP & Silva confirmed this afternoon that Seamus O’Brien will become the new president and group chief executive of the agency from January 1, with Jochen Lösch (pictured) stepping aside into a senior consultant role.

Chinese private equity firm Orient Hontai has struck a deal to acquire a majority stake in Imagina, the parent company of Spanish agency Mediapro.

German media group ProSiebenSat.1 has joined forces with international media and entertainment company Discovery Communications to launch a new free-to-access OTT streaming platform in Germany.

International sports broadcaster ESPN has returned to the Philippines after agreeing a partnership with commercial broadcaster TV5.

German media and technology company Sporttotal has said it will launch its self-titled online streaming platform in Austria as part of a wider goal of creating Europe’s leading sports video service by 2020.

Highlight Communications has moved to play down reports of an imminent takeover of its parent firm, German media company Constantin Medien.

African pay-television broadcaster Kwesé TV has launched a new free-to-air offering that will include its Free Sports Channel.

Media technology provider Avid has agreed a partnership with Glasgow 2018 ahead of the staging of the inaugural edition of the European Championships multi-sport event.

Greek pay-television broadcaster Cosmote TV has bolstered its sports offering by agreeing a carriage deal with international pay-television broadcaster Fox Sports.

Italian telecommunications group Telecom Italia (TIM) has approved the creation of a joint venture with French pay-television broadcaster Canal Plus that is set to compete for sports rights in Italy, while it has also appointed a new chief executive as part of ongoing development efforts.

German media company Constantin Medien has said it has reached an agreement to end all legal proceedings in the Swiss courts with its subsidiary, Highlight Communications.