Global
Sportradar revenues up 22 per cent amid steady global betting growth
Sports data and betting services company Sportradar generated €216.4m ($237.7m) in revenue during the second quarter of 2023, a 22-per-cent year-on-year increase, with its adjusted Ebitda also increasing by 46 per cent to €40.1m.
Endeavor Q2 results buoyed by UFC, betting and IMG production deals
Continued strong results at the Ultimate Fighting Championship, betting growth and recent broadcast production contract wins at IMG helped Endeavor to post a 9.5-per-cent increase in quarterly revenues
IWF making moves to satisfy IOC ahead of crucial Olympics vote
The International Weightlifting Federation (IWF) has appointed Pedro Adrega as its new interim chief executive as the sport awaits a decision on whether or not it will be included on the programme for the 2028 Olympic Games in Los Angeles.
Ciesla leaves Motorsport Network amid private equity takeover
Oliver Ciesla, a veteran of the sports and media industry, has left his role as chief executive of Motorsport Network Media (MSNM) following the takeover by private equity investment firm GMF Capital
Genius Q2 revenue rise driven by betting, media uplifts
Data, technology and broadcast services group Genius Sports has posted a year-on-year quarterly revenue increase of 22 per cent, boosted by strong revenue uplifts in its betting and media divisions
EXCLUSIVE: Serie A betting rights on the market
One of European football’s most valuable betting rights properties is on the market after Lega Serie A issued a request for proposals for the contract.
EXCLUSIVE: Team Marketing close to global Swiss Super League rights deal
Team Marketing is close to expanding its sports client base for the first time in its 32-year history as it nears an agreement to become the Swiss Football League’s global commercial rights sales agent, sources have told SportBusiness.
Wada steps up sponsorship revenue search with The Sports Consultancy
The World Anti-Doping Agency has appointed The Sports Consultancy to help find sponsors as it seeks to lessen its reliance on funding from the Olympic Movement and governments worldwide
F1’s Q2 race promotion revenue increases despite Imola cancellation
Formula 1 saw its race promotion revenue grow during the second quarter of 2023 compared to the same period last year, despite the cancellation of May’s Emilia-Romagna Grand Prix, although overall revenue dropped from $744m (€675m) to $724m due to a decline in media rights income.
ITF secures Billie Jean King Cup investment from Walter’s TWG Global
TWG Global, the investment vehicle of US billionaire Mark Walter, has acquired a minority stake in a joint venture set up with the International Tennis Federation to commercialise the Billie Jean King…
OneFootball headcount shrinks to 250 amid further redundancies
The new management team at OneFootball has enacted further cost-saving measures at the media company with the overall headcount reduced by 15 per cent
Southern Hemisphere to stage next RLWC amid change for international rugby league
International Rugby League (IRL) has announced that the next edition of the Rugby League World Cup (RLWC) will take place in the Southern Hemisphere in 2026, with wide-ranging reforms detailed, including the sport’s first formal international calendar, in the wake of France dropping hosting rights to the 2025 RLWC.
New Serie A international rights cycle set to herald end of single agency model
Lega Serie A has kicked off in earnest its international broadcast rights sales process for the forthcoming cycle as it looks to replace its long-standing global agency model by striking deals through…
DAZN makes major merchandising move with Fanatics agreement
Sports streaming platform DAZN continues to attempt to diversify its revenue streams after agreeing a deal to sell sports merchandise from Fanatics through its platform
WWE’s Q2 revenues up 25 per cent on back of higher TV rights fees
Improved media rights income for premium live events and weekly programming helped World Wrestling Entertainment secure a 25-per-cent increase in revenues in the second quarter
Search on for FIVB World Championships hosts with The Sports Consultancy on board
The search has begun for hosts for both the men’s and women’s FIVB World Championships in 2025 and 2027.
Paul v Diaz lands on ESPN+ PPV amid concerns over pre-fight promotion
Former YouTuber Jake Paul and veteran MMA fighter Nate Diaz's co-promoted boxing event will appear on ESPN+ pay-per-view in the US on August 5, as Paul's Most Valuable Promotions company looks to widen distribution amid concerns about the event's presales.
World Archery secures first betting rights agreement
World Archery has agreed a long-term betting data and video rights agreement with FeedConstruct as the international federation makes its first move in the developing space, SportBusiness understands