Multiple Sports

Walt Disney’s streaming business continues to be profitable, partially offsetting a sharp fall in its linear networks' operating income in its fourth-quarter results.

Diamond Sports Group has received approval to emerge from bankruptcy, with 27 major league sports franchises in its portfolio and a significantly downsized debt position.

Roger Lodewick is leaving his role heading up Viaplay’s Dutch operation after less than 12 months and has been replaced by William Linders of OD Media, the digital content distribution firm.

Disney Star has announced massive losses of INR 12,548 crore (€1.4bn/$1.5bn) for the full year in 2023-24, ahead of its imminent merger with conglomerate Reliance Industries.

Rights in German-speaking countries to Major League Baseball (MLB), Nascar, Conmebol and Asian Football Confederation (AFC) competitions are switching to channels operated by Sportdigital in a deal with…

Genius Sports has reported third-quarter net income of $13m (€12.3m) and an 18-per-cent revenue jump, buoyed by in-play NFL betting and following lucrative contract renewals with sportsbook clients.

Endeavor chief executive Ari Emanuel has led a management buyout of betting and sports data businesses OpenBet and IMG Arena for $450m (€424m), but the latter remains for sale.

Sportradar overcame a €14m ($18m) jump in third-quarter financing costs on the back of new rights deals with the ATP Tour, Bundesliga and NBA to report profit of €37m in the third quarter.

Hospitality sales related to the Paris 2024 Olympics helped boost revenues at Endeavor, where sports were the biggest driver of growth across the group in an otherwise mixed third quarter.

Warner Bros. Discovery has registered a $135m net profit in Q3, despite total revenues falling four per cent, aided by a record growth in DTC subscribers amid the Olympic Games

Boxing remains a vertical of interest to TKO but there will be no immediate move into the sport described "at its best as confused and fragmented, at its worst as broken" by president Mark Shapiro.

Viaplay Group's new tougher stance on business-to-business negotiations has paid off, after a carriage deal with RiksTV, the Norwegian pay-television operator, was extended after an intense round of talks

Alan Fagan, previously a leading European rights executive at ESPN, has been hired by the EBU as managing director of its new sports streaming platform, replacing Jean-Baptiste Casta.

Former Premier League media rights executive Michael Edelston has quit his role at Formula E to join the sports department at Amazon Prime Video

Germany’s Sportdigital is closing in on an agreement to acquire the pay-television channels of Sport1 as the broadcaster now jointly owned by Turkey’s Acunmedya trims its sports content offering.

Saudi Arabia’s Public Investment Fund (PIF) has continued its pivot towards domestic investment with a move to acquire 54 per cent of Saudi media group MBC.