Finance & Law
ATP Media revenues up 15 per cent after key European broadcast deals
Revenues at ATP Media, the ATP Tour’s international media rights sales and broadcast production arm, reached $139.5m (€128.6m) in 2019 thanks, in part, to new broadcast deals in France, Spain and the UK.
Lakers come under fire for accepting federal loan
Aid designed to aid small businesses was quickly returned amid public outcry
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.
Umberto Gandini – Most Serie A clubs face difficulties if rights fees are withheld
In part one of a two-part video discussion, Umberto Gandini speaks to SB24's Kevin Roberts
World Athletics unveils $500,000 athlete support fund
World Athletics has launched a relief fund worth a total of $500,000 (€461,000) to support athletes throughout the Covid-19 pandemic.
Uefa announces relief fund of €236.5m
European football’s governing body Uefa has announced that it will distribute €236.5m ($257.2m)
Saudi Arabia’s PIF buys stake in Covid-19-hit Live Nation
Saudi Arabia’s Public Investment Fund (PIF) has acquired a 5.7
APAC’s biggest domestic motorsport series, Supercars, turns to global stars for engagement
Tom King speaks to Supercars' chief executive Sean Seamer, and takes a look at how Australia's top motorsports series is adapting in order to keep its fans engaged during the Covid-19 pandemic.
Cricket Australia expects tough talks with broadcasters
Cricket Australia is facing crunch talks with media rights partners who are tackling financial crises, according to reports in Australian media
Sunset+Vine furloughs 100 staff, adapts production set-up in face of Covid-19
UK-based sports production and media company Sunset+Vine has furloughed around 77 per cent of its full-time workforce at it seeks to shield the business from the impact of the Covid-19 shutdown
Dentsu delays Q1 financial results
Marketing group Dentsu has moved back the announcement of its first quarter financial results due to delays in accounting procedures that have resulted from the Covid-19 disruption
Fifa begins release of $150m support package for member associations
Fifa, football’s global governing body, has announced that it will release all operational funding due to its member associations for 2019 and 2020 in the first step of a major relief plan to assist f…
Fox Sports asks top talent to take temporary pay cuts
US broadcaster Fox Sports has followed in the footsteps of ESPN by asking its top on-air talent to take temporary pay cuts as a result of the sports competition shutdown amid the global Covid-19 pandemic
WWE shows surprising strength in latest earnings
Media revenues help spark overall earnings lift
Liberty Media moves to shore up F1 finances
Formula One Group owner Liberty Media has announced that it has reattributed its stake in Live Nation Entertainment from the sport to its SiriusXM tracking stock in a move that will see $1.5bn (€1.3
Endeavor cutbacks to hit one-third of staff
Sports and entertainment group Endeavor is poised to make further cutbacks in response to the Covid-19 downturn
Three-way DraftKings merger receives shareholder approval
Prominent gaming company now set to become publicly traded
Lagardère: Sale of sports division to H.I.G. Europe now complete
Lagardère, the France-based conglomerate, has fully finalised the sale of its sports division to H.I.G. Europe, an arm of the international private equity and asset management firm.