Multi-sport

Social media platform Facebook has said it has commenced talks over licensing video content in the sports sector.

US media company 21st Century Fox and Sky have today (Thursday) confirmed they have reached agreement on the terms of a recommended pre-conditional cash offer by the former for the fully diluted share capital of the pan-European pay-television broadcaster, which Fox and its affiliates do not already own.

French media company Vivendi has upped the ante in its ongoing battle with Mediaset by stating it could acquire up to a fifth of the Italian broadcaster, leading to speculation over a hostile takeover bid.
USA

Media mogul Sumner Redstone and his daughter Shari have abandoned their efforts to merge US network CBS and media conglomerate Viacom.

US media company 21st Century Fox is set to table a cash bid valuing pan-European pay-television broadcaster Sky, a major broadcaster of sports coverage, at £10.75 (€12.84/$13.64) per share as early as tomorrow (Wednesday), according to the Reuters news agency.

French telecommunications company Orange is in talks over investing in media group Vivendi’s pay-television unit Canal Plus, according to multiple reports.

German production company Wige Media has unveiled a major restructuring plan under which it will sell its Wige Broadcast and Wige Solutions divisions in favour of developing its new sporttotal.tv platform and international business.
USA

US cable-television broadcaster Turner Broadcasting System will create more video content for mobile application Snapchat, including sports programming, under an expanded partnership.

A takeover approach from Constantin Medien’s supervisory board chairman, Dieter Hahn, for the German media company and subsidiary Highlight Communications has been rejected by the latter entity.

Athlete representation, event management and sports marketing group TLA Worldwide has made a move into the sports-rights business by backing newly-formed agency Talisman Sports and Media.

The organising committee of the 2018 European Championships have confirmed that Eurovision, the European Broadcasting Union's production arm, is set to secure the host broadcasting services contract for the inaugural edition of the multi-sport event in Glasgow.

Discovery Communications’ decision to end negotiations with Germany’s public-service broadcasters over the free-to-air rights for the Olympic Games will be a very expensive one.

Arndt Jaworski has been promoted to become the second managing director of German agency U! Sports.

One World Sports is in talks over a takeover and retains an “extremely bright future” amid reports of its employees being sent on periods of leave, according to the North American sports broadcaster’s chief executive, Sandy Brown.

Kenyan free-to-air television platform Bamba TV has launched a new 24-hour sports channel in the country.

Online streaming website Spox.com, owned by digital sports media company Perform, will launch in Austria in partnership with the Styria Media Group on December 13.

Michael Lang has been promoted by media company Discovery Networks International to the role of president of international development, digital and Discovery Nordics.

Cameroonian investment company Medicam has said it has been given the go-ahead from the government to launch what it claims will be the country’s first dedicated sports television channel.