Global
PE firm Arctos invests in Aston Martin F1, Red Bull renews TAG sponsorship
US private equity firm Arctos Partners has invested in the Aston Martin F1 team with Canadian billionaire Lawrence Stroll selling a minority stake
GCN platforms the latest victims of WBD’s OTT restructure
Warner Bros. Discovery is to shut down GCN+ and the GCN App, the direct-to-consumer cycling platforms, in its latest restructuring move in the digital space
Fifa+ adds CAF qualifiers to streaming portfolio
Fifa is live streaming CAF qualifying matches for the 2026 World Cup on its Fifa+ platform in most countries worldwide
Embattled CGF targets ‘transformative era’ as Jenkins elected president
Chris Jenkins has been elected as the new president of the Commonwealth Games Federation (CGF) and has pledged to “remodel” the Games to allow more countries to host.
GM ready to join F1 in boost to Andretti’s hopes, AlphaTauri and McLaren sign sponsors
General Motors (GM) has formally registered to join Formula 1 as a power unit manufacturer from 2028 in a move which boosts the prospects of a team owned by Andretti Global, the parent company of Andretti…
Betting business drives Genius’ Q3 revenue jump but net loss hits $11.6m
A 34-per-cent jump in revenue in its core betting business helped Genius Sports report increased third-quarter revenue of $101.7m (€95.2m) but foreign currency headwinds contributed to an $11.6
Fifa+ nets non-exclusive Serie C global streaming rights
Fifa+, the direct-to-consumer OTT platform of football’s global governing body, has secured non-exclusive global rights to Serie C, Italian football’s third dvision.
World Rowing navigating choppy waters in bid to diversify revenues
How partnerships on and off the water are helping World Rowing to democratise the sport, attract new audiences and lessen the governing body’s reliance on Olympic revenues.
Highlight capital raise pushes Studhalter shareholding below 20-per-cent threshold
The purchase of 3.5 million new shares in Highlight Event and Entertainment (HLEE) has pushed the shareholding of Alexander Studhalter below 20 per cent, as Highlight seeks to minimise risks to the company posed by restrictions placed on the Swiss businessman by US authorities.
Zaslav warns of ‘generational disruption’ as WBD reports $417m net loss
Warner Bros. Discovery has reported third-quarter net losses of $417m (€390m) after a decline in advertising revenue, a drop in streaming subscribers, and what president and chief executive David Zaslav called a “generational disruption” as the company’s stock tumbled by 19 per cent.
Endeavor posts Q3 revenue rise, talks up betting operations for 2024
Sports and entertainment conglomerate Endeavor has positioned OpenBet and its wider betting operations as key revenue drivers for the group in 2024, but insists IMG Arena will remain "number three" in…
DAZN, Uefa opt against paywall for UWCL
All matches from the group stages of this season’s Uefa Women’s Champions League will remain free to watch in most global markets despite initial plans by DAZN to move fixtures exclusively behind a pay…
EXCLUSIVE: DAZN’s IPL international deal on verge of termination
DAZN’s five-year Indian Premier League international rights deal is close to being terminated after just one year, SportBusiness understands.
Concacaf takes official ball, apparel rights to market
Nike’s long-standing association with Concacaf is under threat after the confederation began a request for proposal (RFP) process looking to maximise its expanded inventory and new-found competition i…
Skechers deals with Infront to bolster winter sports portfolio
US-based footwear brand Skechers has expanded its presence in winter sports by agreeing new sponsorships with the International Ski and Snowboard Federation (FIS) and the German Ice Hockey Federation (DEB)
EXCLUSIVE: World Rowing to set up JV to manage new Beach Sprint Franchise League
World Rowing is working on a plan to launch a franchise-based league for Beach Sprint, its newest discipline that will debut at the Los Angeles 2028 Olympics, which it will operate as a joint venture with…
ITF unveils Iberdrola as Billie Jean King Cup energy sponsor
The International Tennis Federation (ITF) has announced Spanish energy firm Iberdrola as a new sponsor of the Billie Jean King Cup
Paramount+ not actively looking at more sports rights as subscriptions reach 63m
Paramount Global's streaming service Paramount+ netted 2.7 million subscribers in the quarter to bring the total to 63 million as the direct-to-consumer service's revenue increased 38 per cent year-over-year