Finance & Law
Athletico-PR sees off Globo court challenge over LiveMode PPV deal
A Brazilian court has sided with Athletico Paranaense in a long-running case against media group Globo related to pay-per-view broadcasts of the Campeonato Brasileiro Série A club.
CSB launches Mediapro legal battle, OneSoccer rights back on market
Canadian Soccer Business (CSB) and the Mediapro Canada agency are locked in a legal dispute that will result in rights to the domestic Canadian Premier League (CPL) and the men's and women's national teams…
Peacock subscribers grow by 3m, Q4 revenue rises 57 per cent
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.
Sponsors to the fore, media rights lagging in review of women’s football finances
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 reclaims Deloitte rankings top spot after €118m revenue jump
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.
Two Circles to pick up acquisitions pace under Charterhouse ownership
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…
Strategy chief Harmuth exits as Sportradar ‘streamlines’ structure
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 ‘exploring sale’ of TV4 Media
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, LFU in ‘common sense’ talks to pool media rights
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…
Bruin-owned TGI Sport acquires cricket talent agency Insignia
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 tycoon Rybolovlev considers AS Monaco sale
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
Sony-Zee $10bn merger off, legal threats issued on both sides
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).
Berrada hired as Man United CEO in latest City Football Group exit
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 plans to sell off parts of a privatised Endeavor
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 enters liquidation following loss of British Cycling contract
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).
CVC v Blackstone in bid to partner with Bundesliga in new media company
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 emerges out of bankruptcy, Amazon becomes investor
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.
Mass job cuts planned at A-Leagues, KeepUp media unit set to shut
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,…