Multi-sport

UK telecommunications company BT, parent firm of pay-television broadcaster BT Sport, has reported a fall in its annual pre-tax profits of 19 per cent admitting it has faced a “challenging” year in the wake of an accounting scandal involving its Italian division.

Sinclair Broadcast Group has agreed a $3.9bn (€3.57bn) deal to acquire fellow US media group Tribune Media Company.

International sports broadcaster Eleven Sports has entered into the Italian market with the acquisition of a majority stake in over-the-top platform Sportube.

Bob Iger, the chief executive of ESPN’s parent company, Disney, has said that the sports broadcaster is adapting to changing market conditions as it copes with a fall in subscriber numbers.

InfrontRingier, the Infront Sports & Media agency’s joint venture with Swiss media company Ringier, has hired an executive with Swiss Super League football club FC Basel as its new managing director.

US media company Time has revealed plans to launch an OTT streaming service under the banner of its flagship magazine, Sports Illustrated.

Delia Bushell, managing director of television and sport for UK telecommunications company BT, has opted to resign, according to multiple reports.

The Australian federal government’s Communications Minister, Mitch Fifield, has revealed a broad package of media reforms, including a shortened anti-siphoning list of sporting events reserved for free-to-air television and tighter restrictions on gambling advertisements during sports coverage.

International sports broadcaster Eleven Sports Network has expanded its reach in Belgium by agreeing a carriage deal for its Eleven Sports 3 channel with pay-television broadcaster Proximus.

The Highlight Event and Entertainment company has approved an ordinary capital increase and the extension and increase of its authorised share capital amid reports that chairman Bernhard Burgener will seek to use this to drive a takeover bid for German media company Constantin Medien.

German commercial broadcaster ProSiebenSat.1 has linked up with media and entertainment company Discovery Communications to launch an OTT 50:50 joint venture in the country.

Swedish investment firm Kinnevik has acquired an 18.5 per cent stake in Swedish cable-television operator Com Hem in a deal that makes it the biggest owner of the company.

Social media company Twitter has said it plans to take a 24/7 approach to live video content as it recorded its first quarterly revenue decrease.

US sports broadcaster ESPN is laying off about 100 employees, according to reports.

Media and entertainment company Discovery Communications is faced with another carriage dispute after pan-European pay-television operator M7 Group said it will stop providing Discovery channels through its platforms by the end of the month if talks over a new deal do not come to a satisfactory conclusion.

Pan-European pay-television broadcaster Sky has today (Wednesday) confirmed the launch of its online streaming service, Now TV, in Ireland.

The European Broadcasting Union consortium of public-service broadcasters has issued a fresh call for national authorities to come to the aid of its member, Bosnia and Herzegovinian Radio and Television, as the operator continues to struggle with funding issues.

The Modern Times Group media company has completed the sale of a 50-per-cent stake in Czech commercial broadcaster FTV Prima Holding to Denemo Media.