Business
Nikko AM lists Asia’s first esports and gaming fund
Japan’s Nikko Asset Management has launched an exchange-traded fund in Hong Kong aiming to tap into the growth of the computer games and esports industry.
Heavy losses in World Athletics 2018 accounts but little light shed on Dentsu renegotiation
A leaked copy of World Athletics' 2018 financial accounts has shed more light on the constrained financial picture for the federation and referenced its attempts to renegotiate some of the controversial…
“There’s going to be a strong trend towards localisation” | Andrew Messick, Ironman
Ironman Group chief executive Andrew Messick talks about the three steps the world's largest mass participation business has taken to minimise commercial impact of the Covid-19 pandemic.
Italy’s Reset Group launches sports division focused on image rights
Italian agency Reset Group has launched a new division dedicated to sports marketing
Broadcasters and AFL yet to confirm rights deal on shortened season
The Australian Football League does not yet have a broadcast deal in place for its reduced season which is due to resume on June 11
Liverpool clarifies kit deal and launches online store in Japan
English Premier League club Liverpool has confirmed a two-month extension of its kit supply deal with New Balance to cover the extended 2019-20 season
Organised, timely and efficient: German football shows the way out of lockdown
There have been positive tests, protocol breaches and postponements, but nothing has been able to derail the project.
NZ Cricket says sizeable job losses expected
New Zealand Cricket is planning cuts to its staff, including senior staff, of between 10 and 15 per cent, as revenue plummets
Players to profit from New Zealand’s NBL streaming service
New Zealand’s National Basketball League has launched a direct-to-consumer global streaming service allowing viewers outside the country to pay to watch coverage of the competition.
New Zealand rolls out NZ$265m sports recovery package
Sport in New Zealand is set for multi-million-dollar government backing to help it recover from the Covid-19 downturn
Global Champions Tour sale complete after legal issues resolved
Global investment holding company Tennor has completed a deal to acquire a stake in the Global Champions Tour (GCT) and Global Champions League (GCL) equestrian series from US businessman Frank McCourt…
LaLiga aligns with Mediapro and Super Sports Media in Chinese commercial JV
LaLiga, the organising body of the top two divisions of Spanish club football, has formed a joint venture with Spanish rights and production agency Mediapro and Super Sports Media, a subsidiary of Chinese…
Mediaset’s Q1 operating profit hit by Covid-19 crisis
Mediaset’s operating profit fell by 47 per cent year-on-year in the first quarter of 2020 as the Italy-based commercial broadcasting group was hit hard by the Covid-19 crisis.
Tianjin Tianhai folds, leaves Chinese Super League
Chinese Super League side Tianjin Tianhai has folded after failing to attract any buyer
NFL-linked American rugby group plans to hire star players
A new American rugby union competition linked to the NFL is aiming to shake up the sport by hiring star players and adjusting the game's rules to 'Americanise' it
K League becomes latest rights-holder to turn to WSC Sports
South Korean football's K League is partnering with Israel-based artificial intelligence video production and distribution platform WSC Sports
Guangzhou Evergrande post hefty loss for 2019
Chinese Super League football team Guangzhou Evergrande reported a $274m (€252m) loss for 2019, according to the club’s latest annual report.
Nenking Group takes over Ligue 2 club Sochaux
Chinese conglomerate Nenking Group is now officially the owner of French Ligue 2 side FC Sochaux-Montbéliard.