News
Gap grows between Serie A, rest of Italian football
Italian professional clubs enjoyed record revenues in the 2022-23 season but levels of debt are still high, and the disparity between Serie A and the rest of the pyramid is growing, according to the annual report from the Italian Football Federation (FIGC).
Liberty to ‘cooperate’ in DoJ probe over Andretti rejection
F1 owner Liberty Media has revealed it is facing a US Department of Justice investigation into its move to prevent Andretti Formula Racing from entering the series as its 11th team.
SA Rugby to launch ‘watershed’ women’s league
South Africa Rugby has detailed plans to launch a new women’s club competition with up to 150 centrally-contracted players, with the league potentially debuting as early as next year.
NRL set for two more teams by new rights cycle
The National Rugby League will be confident of securing an uplift in broadcast and commercial revenues in the next cycle, after it emerged an 18th franchise spot has been awarded to Western Australia.
Barcelona secures €40m investment from Aramark
FC Barcelona has secured a €40m ($43.6m) investment from hospitality and catering service provider Aramark that will enable the club to balance its accounts ahead of the new LaLiga season.
News Corp actively looking to sell Foxtel
News Corp is weighing up the sale of its Foxtel pay-television business in Australia after receiving takeover interest.
Three Champions League slots left as PlayStation renews
Three global sponsorship positions remain to be filled for the Uefa Champions League in the next commercial cycle after PlayStation officially announced it has extended its contract.
Global still central to Paramount’s plans in new era
US media giant Paramount Global's focus will remain international when its takeover by Skydance Media is completed, despite a tightening of the belts that will lead to mass job cuts.
SABC looks to rival Openview satellite service
South African public broadcaster the SABC has requested proposals for a partner to help it launch its own satellite television broadcasting service to challenge Openview, the main free-to-air satellite operator in the market.
IMG Arena-OpenBet first up in Endeavor asset sales
IMG Arena and OpenBet have become the first Endeavor-owned entities to be put up for sale ahead of Silver Lake’s expected privatisation of the sports and entertainment giant in the first quarter of 2025.
TKO raises full-year guidance as Q2 revenue jumps to $851.2m
TKO Group, the Endeavor-owned parent company of WWE and the Ultimate Fighting Championship, has raised its full-year guidance after posting new quarterly records for revenue and adjusted earnings.
Fox, WBD share Premier League in Mexico after Paramount exit
The Premier League has a new home in Mexico and Central America after its previous broadcast partner, Paramount Global, handed back rights ahead of the 2024-25 season.
Still no Serie B TV deal on cusp of new season
Lega Serie B has taken the unprecedented step of deciding to re-launch its domestic broadcast rights invitation to tender (ITT) nine days before the new season begins amid increasing fears of a coverage blackout.
Renault returns to football with Monaco shirt deal
AS Monaco has joined the small group of elite clubs to split shirt sponsor rights between domestic and European competition after announcing a new top-tier deal with Renault.
Zaslav bullish on WBD carriage talks post-NBA
Warner Bros. Discovery boss David Zaslav has attempted to play down concerns that the group's impending loss of NBA rights will have a significant impact on future carriage negotiations.
Businessolver named second TGL founding partner
Businessolver has been unveiled as the second founding partner of golf's TGL in the US-based HR technology firm's second sponsorship in elite sport.
Sport drives Disney’s first streaming profit
Walt Disney's combined streaming business was profitable for the first time in the third quarter, helped by ESPN+, as the US entertainment giant moved back into the black
Czech Cup behind paywall in five-year O2 deal
Extensive live coverage of Czech football’s knockout clubs competition is moving away from public-service broadcaster Česká Televize to pay-television broadcaster O2 TV in a landmark five-season agreement.
London Lions’ future unclear as sale claims denied
Administrators for the London Lions have revealed that three purchase offers are expected to be placed for the team by Friday, and denied claims that Tesonet has already reached an agreement to buy the franchise.
IOC promises more exposure for TOP sponsors
Product placement for major Olympics sponsors is a "deliberate path" taken by the International Olympic Committee, and looks set to be ramped up for future editions of the Games.