Finance & Law

The IMG agency has acquired sports broadcast fibre service provider Cingularity, bolstering IMG Productions’ content delivery capabilities for federations, events and broadcasters.

Stepathlon, the community-based fitness platform, has attracted investment from industry luminaries including Australian sports administrator David Gallop, DAZN’s John Gleasure, Perform Group co-founder A…

A planned investment deal between two of the Philippines' biggest media groups and sports broadcasters has been terminated after coming under political pressure

Brazil’s Ministry of Justice has ordered football clubs, federations and the broadcaster Globo to submit their advertising and sponsorship contracts with sports betting operators for scrutiny amid concerns o…

Fewer courtesy cars and shorter operating windows for facilities are two of the cost-cutting measures being assessed by organisers of the 2024 Summer Olympic and Paralympic Games in Paris amid the difficult…

The Pakistan Cricket Board (PCB) has abandoned plans to sell the franchises in its new Pakistan Junior League (PJL) competition to private owners after failing to generate sufficient interest, according…

Series E round of funding values the company at $1 billion

Football’s English Premier League is reportedly considering introducing a rule that would restrict clubs’ spending on transfers and wages.

Tim Tebow, the superstar former University of Florida quarterback, has become a minority investor in a United Soccer League Championship expansion team, which will be based in Jacksonville, Florida

MLB club expands its soccer holdings as part of RedBird Capital-led takeover

The United States Tennis Association has secured another commercial boost ahead of the US Open, with premium hospitality sales enjoying significant growth compared to the 2021 tournament and hospitality…

Union representing major leaguers looks to expand its membership and mission

In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Ahmad Nassar, newly named as executive director of the Professional Tennis Players Association and chief executive of its for-profit affiliate Winners Alliance. Fisher and Russo also discuss the state of tennis amid the start of the 2022 US Open, the development of TMRW Sports with star golfers Tiger Woods and Rory McIlroy, the debut of FanDuel TV, a competitive and operational shift for the Savannah Bananas, and the state of Major League Baseball’s special events following the 'Field of Dreams' and MLB Little League Classic games.

The National Basketball Association’s Sacramento Kings and private sports investment fund Arctos Sports Partners announced they are purchasing Class AAA Minor League Baseball club the Sacramento River C…

Australian media group Nine Entertainment reported increases in revenue and ebitda (earnings before interest, taxes, depreciation, and amortisation) at its linear television business and a revenue increase…

Indian conglomerate GMR and Adani Sportsline, a subsidiary of business organisation Adani Group, have acquired the rights to operate franchises in Legends League Cricket (LLC), a new Twenty20 tournament…

The Miller family has sold a portion of its minority interest in the National Basketball Association's Utah Jazz