Finance & Law

Peacock, the NBC streaming service, added three million net subscribers to reach 31 million as its revenue increased by 57 per cent to surpass $1bn (€923m) in quarterly revenue for the first time, the company's parent company Comcast revealed in its 2023 Q4 earnings.

The importance of sponsors to women’s football and with it the comparative absence of broadcast money has been laid bare for all to see in a new report analysing the finances of the game’s leading clu…

Real Madrid has reclaimed the number one spot in the annual Football Money League compiled by Deloitte, who recorded record revenues of €831.4m ($905.6m) for the LaLiga club in 2022-23, eclipsing Manchester City, the highest-ranked club for the previous two years.

The impending takeover of Two Circles by UK-based private equity firm Charterhouse Capital Partners is expected to spark a string of acquisitions by the data-driven sports marketing agency in the coming…

Sportradar's chief strategy officer Ulrich Harmuth has become a high-profile exit from the sports data and betting services company, which cut 10-per-cent of its global workforce late last year

Telia is said to be exploring a sale of TV4 Media in a deal expected to value the broadcast group at much less than the Swedish telco paid five years ago.

Libra and Liga Forte União (LFU), the two collectives of Campeonato Brasileiro Série A and Série B teams seeking to drive plans for a new league system, are closing in on an agreement to jointly market th…

TGI Sport, the virtual advertising technology, media and marketing company part owned by Bruin Capital, has continued its aggressive acquisition push in the talent representation market, concluding a deal to buy cricket management agency Insignia Sports International.

Russian billionaire Dmitry Rybolovlev is considering the sale of his majority stake in French Ligue 1 club AS Monaco and has engaged Raine Group to act as advisor in any sale

The planned $10bn (€9.2bn) mega-Indian media merger, two years in the making, between Sony Pictures Networks and Zee Entertainment was officially scrapped today (Monday).

Manchester United has announced the appointment of Omar Berrada as its new chief executive after he left his position as head of football operations at City Football Group (CFG), the parent company of Premier League rivals Manchester City.

Silver Lake, the US private equity firm that holds a majority stake in Endeavor, is planning to sell off parts of the sports and entertainment company once it takes the group private

SweetSpot, until recently the organiser and promoter of cycling's Tour of Britain, has entered liquidation as it faces legal disputes exceeding £1m (€1.2m/$1.3m).

The battle to become the strategic partner of the German Football League (DFL) in a potential new media company is down to two private equity firms: CVC Capital Partners and Blackstone

Diamond Sports has entered into a restructuring support agreement with its largest creditor groups to enable it to emerge from bankruptcy, with the deal including a commitment from Amazon to make a minority investment.

The Australian Professional Leagues (APL), the governing body of the A-League Men and Women competitions, is set to cut as much as 50 per cent of its workforce, with its KeepUp media arm among the casualties,…

Viaplay Group aims to deliver double-digit operating profit margins within five years following the drastic cost reduction programme enacted over the last six months and exits from loss-making international…

Macau is the latest region where horse racing will cease to operate after its government announced it will be removing the local jockey club’s licence to operate.