Multiple Sports
Disney-Reliance merger approved by regulator
The merger between Disney Star and Reliance Industries, the majority owner of Viacom18, has been approved by the Competition Commission of India (CCI), subject to the compliance of “voluntary modifications”.
In Focus: US college sports
SportBusiness Media takes a deep dive into the numbers driving the commercial success of US college sports.
Late twist in Paramount saga as FuboTV chair makes bid
The future of Paramount Global is not yet set in stone, after veteran US media executive Edgar Bronfman Jr submitted a late $4.3bn (€3.9bn) takeover bid.
Venu Sports faces roadblock as judge delays launch
The much-anticipated launch of Venu Sports, the joint sports streaming venture from Walt Disney, Fox and Warner Bros. Discovery, has been delayed following a ruling by a US District judge
Reliance, Disney offer to drop channels to satisfy regulator
Disney Star and Reliance Industries, majority owner of Viacom18, are likely to drop "fringe channels" in order to meet antitrust requirements for their proposed merger, though do not plan to offload any…
Sportradar Q2 rights costs near €100m as ATP, NBA ‘drive significant growth’
Sports rights costs continued to climb in the second quarter for Sportradar, but the ATP and NBA investments are paying dividends, according to the group, as it consolidated its market position.
Canal Plus, beIN extend key distribution pact
Canal Plus will continue to carry BeIN Sports’ channels and offer subscribers a slice of Ligue 1 coverage in a long-term renewal of a distribution deal that underpins the dynamics of the French pay-TV sector.
Two Circles role for ex-Fifa media rights head Calder
Paul Calder has taken up a role as media sales director at Two Circles, the data-driven sports marketing and sponsorship sales agency, charged with leading the growth of its broadcast rights division
News Corp actively looking to sell Foxtel
News Corp is weighing up the sale of its Foxtel pay-television business in Australia after receiving takeover interest.
Global still central to Paramount’s plans in new era
US media giant Paramount Global's focus will remain international when its takeover by Skydance Media is completed, despite a tightening of the belts that will lead to mass job cuts.
SABC looks to rival Openview satellite service
South African public broadcaster the SABC has requested proposals for a partner to help it launch its own satellite television broadcasting service to challenge Openview, the main free-to-air satellite operator in the market.
IMG Arena-OpenBet first up in Endeavor asset sales
IMG Arena and OpenBet have become the first Endeavor-owned entities to be put up for sale ahead of Silver Lake’s expected privatisation of the sports and entertainment giant in the first quarter of 2025.
Zaslav bullish on WBD carriage talks post-NBA
Warner Bros. Discovery boss David Zaslav has attempted to play down concerns that the group's impending loss of NBA rights will have a significant impact on future carriage negotiations.
Sport drives Disney’s first streaming profit
Walt Disney's combined streaming business was profitable for the first time in the third quarter, helped by ESPN+, as the US entertainment giant moved back into the black
Genius forecasts sharp revenue growth as net loss widens
Genius Sports’ second-quarter net loss has widened year over year to $21.8m (€20m) as the group says it will only target profitable betting rights acquisitions, having already sewn up English Premier League and NFL contracts to nearly the end of the decade.
Fubo posts $25.8m Q2 loss as subscribers dip
Streaming platform Fubo lost more than 60,000 subscribers in North America during the second quarter of 2024 and posted a net loss of $25.8m (€23.6m) for the three-month period.
Sole CEO for Sport1 as Acunmedya deal closes
Matthias Kirschenhofer has become the sole chief executive of German sports broadcaster Sport1 following the closure of a 50-per-cent equity stake sale to Acunmedya, the Turkish media group
Top football leagues, broadcasters slam X over piracy action
A host of leading sports rights-owners and rights-holders have slammed X, the social media platform formerly known as Twitter, for its approach to tackling piracy, and demanded immediate action be taken