Multiple Sports
Sony-Zee merger to intensify Indian sports streaming market
The merger between media groups Sony and Zee will challenge the current streaming dominance of Disney and Viacom18 in the Indian sports media market, experts say.
NBCUniversal, EverPass agree commercial establishments deal for Peacock content
NBCUniversal has announced a multi-year deal with media distribution business EverPass Media for the exclusive rights to distribute Peacock's sports content to commercial establishments
MTVA takes Uefa national team spending above €30m
Hungarian public-service broadcaster MTVA will pay more than €30m for Uefa national team rights over the 2022-23 to 2027-28 cycle, it can be revealed.
Indian authorities approve $10bn Sony-Zee merger
The merger between India’s Sony Pictures Networks and Zee Entertainment Enterprises has received approval from the National Company Law Tribunal.
The long-awaited merger is set to create a $10bn (€9.1bn
DAZN expands free offering in Germany with new channels on Pluto TV
Sports streaming platform DAZN has continued to diversify its offering with the launch of new channels in Germany via Pluto TV, the free, ad-supported streaming service owned by US media group Paramount Global.
ESPN+ subscriptions dip, Iger ‘encouraged’ by strategic partner talks
ESPN's direct-to-consumer offering, ESPN+, has seen a dip in subscriptions from 25.3 million in the prior quarter ending April 1 to 25.2 million subscribers as of July 1
Sportradar revenues up 22 per cent amid steady global betting growth
Sports data and betting services company Sportradar generated €216.4m ($237.7m) in revenue during the second quarter of 2023, a 22-per-cent year-on-year increase, with its adjusted Ebitda also increasing by 46 per cent to €40.1m.
Endeavor Q2 results buoyed by UFC, betting and IMG production deals
Continued strong results at the Ultimate Fighting Championship, betting growth and recent broadcast production contract wins at IMG helped Endeavor to post a 9.5-per-cent increase in quarterly revenues
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