ECB bounces back from Covid with £21.5m pre-tax profit
The England and Wales Cricket Board has bounced back from the Covid-19 pandemic, generating a pre-tax profit of £21.5m ($26.6m) for the year ended January 31, 2022.
LaLiga enters the metaverse with TVM sponsorship deal
LaLiga has entered into a two-and-half-year sponsorship deal with Korean metaverse platform TVM that will lead to the creation of an ‘exclusive virtual ecosystem’ for the Spanish league.
IMG Arena buys majority share in computer vision company Signality
IMG Arena, the sports betting division of the IMG agency, has acquired a controlling interest in Swedish computer vision and camera technology firm Signality
FIH launches global tender for 2023-26 events cycle
The International Hockey Federation (FIH) has launched an invitation to tender for the international broadcast rights to its events from 2023 to 2026
Genius Sports revenues up 59.8 per cent, but Ebitda down 68.7 per cent
Global sports data provider Genius Sports generated $85.9m (€82.5m) in group revenues in the first quarter of 2022, an increase of 59.8 per cent from the same period last year ($53.7
LaLiga clubs made €892m losses during Covid-hit 2020-21 season
Spain’s LaLiga has said the Covid-19 pandemic caused club revenues to regress to levels of ‘five or six years ago’ after the combined losses of teams across the top two leagues in the country amounted to €8…
IPC targeting sponsors with new Para Sport participation initiative
The International Paralympic Committee is targeting sponsors after launching a new grassroots-to-high-performance programme called Para Sport
Serie A agrees AI highlights deal with WSC Sports
Italy’s Lega Serie A has agreed a three-year deal with WSC Sports to create automated video highlights for all Serie A, Supercoppa Italiana and Coppa Italia fixtures.
Virtual advertising solution allows Madrid Masters to activate Betway deal outside Spain
ATP Media, the broadcast arm of ATP Tour in men’s tennis, has appointed UniqFEED to provide a virtual advertising solution for this week’s Madrid Masters tournament, enabling gambling brand and tournament spo…
IPC hires Neill to shape commercial strategy between Paralympics
The International Paralympic Committee has hired Jonathan Neill, the former commercial director for the 2021 Rugby League World Cup, as a consultant to shape a new commercial strategy for the organisation
AELTC reports £33.3m net profit after partial return of fans in 2021
The All England Lawn Tennis and Croquet Club (AELTC), organiser of the Wimbledon Championships, has reported a net profit of £33.3m ($41.