Finance & Law

South Africa Rugby is to establish a commercial vehicle to manage its media and sponsorship rights after striking an agreement with Ackerley Sports Group (ASG), a new unit of the US investment firm

Aleksander Čeferin plans to step down as president of Uefa in 2027 despite the organisation’s annual Congress agreeing a rule change that would have allowed the Slovenian to stay on for an unprecedented fourth term.

Australian pay-television broadcaster Foxtel has recorded a 14-per-cent drop in earnings, citing increased media rights fees for sports properties as a key driver of the loss

ESPN's flagship direct-to-consumer service is set to be in place by the start of the 2025 National Football League season, making the full suite of ESPN's channels available in a standalone service

Norwegian media group Schibsted has withdrawn its short-lived investment in Viaplay, the embattled pay-television broadcaster refocusing its core business on the Nordic region

Four leading Dutch digital cable television and telecoms operators have withdrawn their complaint to the Authority for Consumers and Markets (ACM), the Netherlands’ competition regulator, over the €750m ($8…

Pan-African media group MultiChoice, owner of pay-television broadcaster SuperSport and pay-television operator DStv, has rejected a full takeover offer from Canal Plus, the France-based pay-television broadcaster, stating it “significantly undervalues” the group and its future prospects.

Diamond Sports Group, the regional sports network (RSN) owner and operator of Bally Sports, has motioned for new broadcast agreements with the Cleveland Guardians, Texas Rangers and Minnesota Twins of…

California-based sports data and analytics company ALT Sports Data has announced the closing of a $2.5m series seed funding round, co-led by Eberg Capital and Relay Ventures, with participation from others including Trinity West Ventures NuFund Venture Group.

Andretti Cadillac's application to join Formula 1 in 2025 or 2026 was rejected by the organisation's management following concerns from the 10 existing F1 teams over the dilution of commercial revenues

Viaplay has finalised its exit strategy in the Baltic region after agreeing to sell on all of its sports rights to media company TV3 Group

Canal Plus, the France-based pay-television broadcaster, has submitted a full takeover offer for pan-African media group MultiChoice, owner of pay-television broadcaster SuperSport and pay-television operator DStv.

The PGA Tour has reached agreement to secure a $3bn (€2.75bn) investment in a new commercial entity from a US consortium led by Liverpool FC owner Fenway Sports Group (FSG), but has left the door open to 'co-investment' from Saudi Arabia's Public Investment Fund (PIF).

The French Senate is to launch an investigation into the creation of LFP Media, the commercial vehicle set up by the French Football League (LFP) with investment from private equity firm CVC Capital Partners

Ireland-based Flutter Entertainment, the parent company of US betting platform FanDuel, has commenced trading on the New York Stock Exchange (NYSE)

The German Football League (DFL) and Germany’s Federal Cartel Office have ruled that Porsche will be able to take a 10.4-per-cent stake in Bundesliga club VfB Stuttgart.

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.

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…