Finance & Law

Multiple Sports
Sports Betting

DraftKings has posted a 44-per-cent increase in revenue to $1.23bn (€1.14bn) in the company's fourth-quarter earnings report, while the Boston-based company has announced the acquisition of lottery app Jackpocket for $750m.
Multiple Sports
Finance & Law

The United States Justice Department (DOJ) is planning to scrutinise the new sports streaming service that Disney's ESPN, Fox and Warner Bros. Discovery plan to launch later this year over potential antitrust breaches.
Football
Finance & Law

European club revenues rose to a record level of almost €24bn ($25.82bn) in 2022 thanks to rising commercial income and are set to rise even higher in 2023, according to a new report published today (Thursday) by European governing body Uefa.
Cricket
Media

The dispute between media groups Zee and Disney Star over their seemingly broken agreement for International Cricket Council (ICC) rights looks set to intensify, with Zee asserting that its counterpart…
Football
Finance & Law

CVC Capital Partners is the last remaining private equity firm in the running to become the strategic partner of the German Football League (DFL) in a new media company after Blackstone dropped its bid…
Multiple Sports
Media

Paramount Global is making around 800 job cuts worldwide amid ongoing restructuring of the company and conversations around a possible sale or merger
Snooker
Events

One of the world's richest snooker events is to take place in Saudi Arabia for the next 10 years, further strengthening the Matchroom Group's ties to the Kingdom
Football
Finance & Law

The German Football League (DFL) is coming under increasing pressure to hold another vote into its decision to take on private investment and potentially drop the plan altogether following another weekend…
Football
Finance & Law

LaLiga club FC Barcelona is to appeal to Spain's Supreme Court after being ordered to pay €23m ($24.8m) for non-payment of tax on remuneration paid to players' agents.
Football
Sponsorship & Marketing

Uefa has reported a massive hike in commercial revenue for the 2022 Women’s Euro, despite continuing overall losses for the tournament after distributions are taken into account.
US College Sport
Finance & Law

US college sport's Southeastern Conference (SEC) has reported a record $852.5m (€791.2m) in revenue for its 2023 fiscal year, bouncing back from a dip reported last year.
Multiple Sports
Media

Fox's new sports streaming service with ESPN and Warner Bros. Discovery that shocked the US media market this week will not affect its lucrative pay-TV business, executive chair and CEO Lachlan Murdoch has insisted.
Rugby Union
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
Football
Governance

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.
Multiple Sports
Media

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
Multiple Sports
Finance & Law

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
Multiple Sports
Media

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
Football
Finance & Law

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…