Multiple Sports
Fox remains confident in pay-TV structure, still holding out on DTC
Fox executive chairman and chief executive officer Lachlan Murdoch has emphasised the value of the pay-TV structure that Fox operates under but has not ruled out a direct-to-consumer plan down the road…
Paramount+ quarterly revenue up 40 per cent
Paramount's revenue decreased two per cent year-over-year to $7.62bn (€6.93bn) in the second quarter as advertising revenue in the television segment declined 10 per cent but direct-to-consumer streaming revenue rose sharply.
Viaplay travails could offer quick scale play but underlying challenges remain
Viaplay’s financial crisis may represent a low-cost opportunity to scale quickly for other expansionist media groups, but the costs the company took on to drive its expansion over the last six years could deter many potential buyers.
Genius Q2 revenue rise driven by betting, media uplifts
Data, technology and broadcast services group Genius Sports has posted a year-on-year quarterly revenue increase of 22 per cent, boosted by strong revenue uplifts in its betting and media divisions
Sports content to join WBD’s Max ‘soon’, D2C subscriber total falls
Warner Bros. Discovery chief executive officer David Zaslav says that news and sports will soon be joining the company's rebranded streaming service Max
Outspoken sports chief Szkolnikowski departs TVP after seven years
Marek Szkolnikowski is to leave his role as Head of Sports at Polish public-service broadcaster Telewizja Polska (TVP) after more than seven years in the position
DAZN makes major merchandising move with Fanatics agreement
Sports streaming platform DAZN continues to attempt to diversify its revenue streams after agreeing a deal to sell sports merchandise from Fanatics through its platform
MFE’s H1 revenues remain stable, operating profit rises to €120.9m
MFE-MediaForEurope, the parent company of commercial broadcaster Mediaset, has posted consolidated net revenues of €1.37bn and operating profit of €120.9m for the first six months of 2023.
Former Disney execs Mayer and Staggs to advise on ESPN future
Former Disney executives Kevin Mayer and Tom Staggs are returning to work with the US media giant on the future strategy of ESPN
Flutter, Fox shut down betting platform amid heightened competition
Flutter Entertainment and Fox Corporation have announced the closure of sports betting platform Fox Bet as competition in the burgeoning US sports gambling market intensifies
Sky granted new High Court order to block illegal streams
UK pay-television operator Sky has been granted a High Court order that will require internet service providers to block access to illegal streams of its linear channels
PPF deal takes sale of Viaplay equity to over 18 per cent
Czech investment company PPF Group has bought a 6.3-per-cent stake in Viaplay Group as the embattled streaming broadcaster continues to shift equity
Telia’s Kirkby to replace Jansen as BT Group chief executive
Allison Kirkby, the president and chief executive of Swedish telco Telia, has been named as the new chief executive of BT Group and will take up her new role by the end of January 2024 at the latest
Canal Plus Group’s international expansion fuels three-per-cent revenue increase
Vivendi-owned media group Canal Plus posted revenues of €2.96bn ($3.26bn) for the first half of 2023, a three-per-cent increase on the same period during 2022.
Comcast sees Q2 Ebitda fall as revenues remain steady
US telecommunications and media conglomerate Comcast has blamed higher programming costs at NBCUniversal’s streaming service Peacock, as well as increased international sports programming costs, as its media division’s adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) dipped by 18.2 per cent for the second quarter of 2023.
Dyn secures carriage with Sky Deutschland
Soon-to-launch streaming platform Dyn has secured a carriage deal with pay-television operator Sky Deutschland
DAZN completes transition in trio of Eleven markets
DAZN has launched its subscription products in Belgium, Portugal and Taiwan on the back of its acquisition last year of Eleven Sports
Canal Plus swoops in for minority Viaplay stake
Canal Plus Group has acquired a 12-per-cent stake in Viaplay, the Nordic media giant that yesterday (Thursday) announced a staggering second-quarter loss and radical cost-cutting plans