Multiple Sports
Macron: Trocadéro, Stade de France opening ceremony backup options
France's President has identified the Trocadéro and Stade de France as backup options should ambitious plans for the Olympic Games fail to come to fruition due to security concerns.
BBC names Kay-Jelski as Slater’s head of sport successor
Alex Kay-Jelski, a UK football journalist and editor, has today (Thursday) been named director of sport at the BBC, an appointment likely to be viewed as a surprise choice given his lack of sports media rights buying experience.
Premier Sports completes UK return after Viaplay buy back
In November, Premier said that it had “agreed to take back control of the business” in a deal subject to competition approval after completing its July 2022 takeover.
DAZN continues to push freemium content with new hire
DAZN has continued its pivot towards free, advertising-supported content with the appointment of Elena Novokreshchenova as its first ‘global chief executive of freemium’.
Greenfly nets $14m investment in burgeoning AI digital clips sector
US digital media company Greenfly has announced the closing of equity investments of $14m, highlighting the growing importance of short-form digital content tech suppliers in the sports media sector.
Shapiro’s Endeavor salary hits $7m, Whitesell to launch media company with $250m funding
Mark Shapiro, president and chief operating officer of Endeavor, has secured a salary increase to $7m (€6.4m) on the back of the agreement struck to take the sports and entertainment giant private.
Diamond Sports makes post-Chapter 11 move with Charter distribution
Regional sports network (RSN) owner and operator Diamond Sports Group has announced a multi-year distribution renewal with Charter Communications in a move that shows life beyond its Chapter 11 bankruptcy
Endeavor valued at $13bn in Silver Lake’s privatisation plans
Endeavor, the sports and entertainment giant that owns the IMG agency and Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE) properties, is going private three years after listing on the New York Stock Exchange.
Abema follows DAZN tie-up with Wowow sports subscription plan
Abema, the Japanese streaming platform, has struck a sports content partnership with Wowow, the pay-television broadcaster in the country.
SBS9 rebranded in Viaplay-Talpa content tie-up, revenue share
Talpa Network has strengthened its sports offering to customers by striking a linear TV partnership in the country with Viaplay Group, helping to offset the Dutch broadcaster's loss of Uefa club competition rights.
Sports streaming subscriptions dip in Portugal
Subscriptions to, and usage of, sports streaming services declined in Portugal for the first time since 2022, according to the findings of a new report.
Sportradar swings to Q4 profit, bullish on Brazil betting
Sportradar swung back into the black in the fourth quarter thanks to growth across all segments, sending the sports data and betting services firm’s share price soaring to a temporary seven-month high in Wednesday morning trading.
RMC Sport parent Altice Media to be sold to CMA CGM in €1.55bn deal
Altice France has today (Friday) announced plans to sell Altice Media, parent of subscription broadcaster RMC Sport, to logistics company CMA CGM Group in a move that seemingly marks the final step in the telco’s move away from premium sports output in the country.
Singtel ‘exploring all options’ on Optus but rules out full sale
Singaporean telco Singtel is considering disposing of a significant stake in its Australian business Optus to a Canadian private equity firm, but plans for a full sale have been vehemently denied by the firm.
Reliance tightens grip on Viacom18 after buying out Paramount stake
Indian conglomerate Reliance Industries, chaired and run by business mogul Mukesh Ambani, will buy out Paramount Global’s 13-per-cent stake in media group Viacom18 for $517m (€472m).
Two Circles develops US business with move for digital content agency
US-based digital content agency Let It Fly Media has become the first Two Circles acquisition under the ownership of private equity firm Charterhouse Capital Partners
Matchroom reaffirms investment appeal with £34m profit
Matchroom Sport delivered a profit of £33.8m during the 2022-23 financial reporting period on the back of strong performances from its darts and boxing verticals, SportBusiness has learned.
ITV profits dive amid ad sales slump, sports content costs down
ITV suffered a 61-per-cent drop in pre-tax profits in 2023 amid an advertising slump and significant investment costs in its ITVX streaming service