Multiple Sports
Sky NZ profits fall amid sports rights spend
Pay-television broadcaster Sky New Zealand has seen its half-year profit fall despite revenue rising, as it broke through the one million subscriber barrier
Sinclair suffers revenue decline following Diamond Sports deconsolidation
Sinclair Broadcast Group's consolidated revenue of $960m (€904.9m) dropped 35 per cent year-over-year in the fourth quarter of 2022, with the company pointing to the loss being primarily due to the deconsolidation last year of Diamond Sports Group (DSG), which runs Regional Sports Network (RSN) Bally Sports.
Asian sports media ‘retains great potential’ but audiences now more difficult to monetise
The pay-television-driven heyday in Asian sports media is over – but not all is doom and gloom, according to industry experts speaking during the ‘Masterclass Asia: The Big Picture’ panel which kicked off t…
Watson replaces long-serving Tonoli as DAZN CCO
Global sports streaming service and media company DAZN Group has appointed Marc Watson as its new chief commercial officer, replacing the long-serving Jacopo Tonoli
CME owner PPF takes stake in ProSiebenSat.1
Czech investment company PPF Group has acquired a 9.1-per-cent stake in German media group ProSiebenSat.1, becoming its second-largest shareholder after Italy-based commercial broadcaster Mediaset
Eurosport and BT Sport channels to merge under TNT Sports brand
Warner Bros. Discovery Sports Europe president Andrew Georgiou said “simplification has to be the overriding objective” for the media conglomerate’s joint venture with telco BT after announcing the merger of the Eurosport and BT Sport pay-television channels under a single TNT Sports brand in the UK and Ireland.
ORF to close linear sports channel
Austrian public-service broadcaster ORF has announced plans to shut its ORF Sport + linear television channel as part of a wider range of measures designed to save around €300m ($319.7m) by 2026.
Ally and Disney to shine spotlight on women’s sport through ACC-focused deal
US financial services company Ally has agreed a multi-year marketing deal with the Walt Disney Company focusing on the Atlantic Coast Conference (ACC) college sports organisation that is designed to advance…
Paramount+ adds 9.9m subs in Q4, to increase subscription price
The subscription price for the Paramount+ streaming service is set to increase in some markets, after it added 9.9 million subscribers in the fourth quarter of 2022 and grew revenue by 81 per cent year-on-year
Hong Kong’s i-Cable to shutter pay-TV operation
Hong Kong telecoms company i-Cable Communications has announced that it will shut its pay-TV operation in a move that is set to reduce competition for sports rights in the market
Beleaguered Diamond Sports Group skips $140m debt interest payment
Diamond Sports Group, which runs Regional Sports Network (RSN) Bally Sports and is owned by telecoms conglomerate Sinclair, could face Chapter 11 bankruptcy after missing a $140m (€131.2
Seven hails end of ‘onerous contracts’ as content costs fall, details Super Bowl audience
Australian commercial broadcaster Seven has hailed the end of “onerous contracts” after its latest set of financial results revealed a decrease in content costs and stable revenues in the first half of its accounting year.
Viaplay reports 83-per-cent jump in subscribers but posts quarterly loss
Viaplay Group, the international subscription streaming broadcaster, has detailed an 83-per-cent rise in its quarterly subscriber base, year-on-year, but reported an adjusted quarterly operating loss of…
TVP receives PLN2.35bn government grant to offset licence fee shortfall
Polish public-service broadcaster Telewizja Polska is to receive PLN2.35bn (€491.2m/$526.3m) in government funding after its annual grant was approved.
Ex-Eurosport advertising lead Davies joins SRI in North American role
Jonathan Davies, previously the head of advertising partnerships across Europe for Eurosport and owner Discovery, has joined SRI, the sports executive recruitment firm, as its partner, media and entertainment,…
Kayo Sports hits 1.14m subscribers as Foxtel’s streaming customer base jumps
Australian pay-TV broadcaster Foxtel has reported its earnings for the second quarter of the 2023 fiscal year, with streaming subscribers up 25 per cent year-on-year
Canal Plus ups MultiChoice shareholding to over 30 per cent
Canal Plus, the France-based pay-television broadcaster, has further increased its stake in pan-African broadcaster MultiChoice to 30.3 per cent
SportsGrid launches 24-hour betting channel on Amazon’s Freevee
Content and technology company SportsGrid and Amazon Prime Video have reached a global distribution agreement for Amazon's Freevee to the launch SportsGrid Network FAST channel, which will be the first…