News
JTBC chided for bypassing Korea Pool in rights deals
JTBC's exclusive swoop for Fifa World Cup rights in South Korea has disrupted the joint pool strategy and only served to inflate costs, the country's leading free-to-air broadcasters have claimed.
World Rowing sharpens indoor focus
World Rowing has stepped up its association with rowing equipment manufacturer Concept2, with the extension of a longstanding partnership set to focus on developing indoor, ‘connected’ rowing globally.
Theobald named Liverpool commercial director
Liverpool has appointed Kate Theobald as the club's new commercial director, following Ben Latty's elevation to chief commercial officer.
PIF to acquire $2bn majority stake in MBC
Saudi Arabia’s Public Investment Fund (PIF) has continued its pivot towards domestic investment with a move to acquire 54 per cent of Saudi media group MBC.
Queensberry, Matchroom boxers on same platform in DAZN deal
British boxing promoter Queensberry Promotions has signed a multi-year rights deal with DAZN, putting its fights on the same global platform as arch-rival Matchroom Boxing
Silver: NBA not close to Mexican franchise
The National Basketball Association (NBA) has extended its hosting agreement in Mexico City but remains “many years off” establishing a team in the most populous city in North America.
Expanding Two Circles has no appetite for big minimum guarantees
The media agency operation formed out of Two Circles’ acquisition of Spring Media has no plans to put down large minimum guarantees and will focus on a “new era” of rights monetisation, according to leaders at both companies.
Castore blames exceptional costs for £29m loss
Castore has blamed extraordinary expenses and challenging economic conditions after registering a £28.9m loss for the year ending February 2024.
Fubo Q3 net loss narrows to $55m
Fubo has improved its third-quarter performance compared to the same period last year, though is still operating at a loss, the streaming platform has revealed in its latest financials earnings report
St Pauli eyes €30m from sale of stadium to fans
Bundesliga club St. Pauli hopes to raise up to €30m ($32.6m) in capital from the sale of a majority stake in its Millerntor Stadium to a fans co-operative.
French senate advocates sole Ligue 1 broadcaster
A report by the French senate has recommended that future domestic media rights to Ligue 1 are allocated to just one broadcaster and has called for a fresh crackdown on piracy to defend the property’s d…
Energizer boosts St. Louis City with stadium deal
Two years after its previous deal fell through, St. Louis City SC has announced battery giant Energizer as its new stadium naming sponsor.
EXCLUSIVE: Stats Perform seeks abrupt end to Serie A deal
Stats Perform is attempting to suddenly withdraw from its agreement for betting rights to Italy's Serie A, shocking staff on both sides of the deal.
Cincinnati creates in-house unit for sponsorship sales
The University of Cincinnati (UC) has become the latest top college in the United States to bring its sponsorship sales in-house.
Visit Nayarit furthers US sport push with Lakers
Mexican tourism board Visit Nayarit has continued its push into US sport by striking a sponsorship deal with the Los Angeles Lakers
Paris 2024 boosts Comcast’s Q3 financials
Comcast has reported a near $2bn uplift in quarterly total revenue, year-on-year, aided by what chairman and CEO, Brian Roberts, described as an “incredibly successful Paris Summer Olympics”
BeIN’s LFP sponsorship investment under threat
The sponsorship element of beIN Sports' rights deal with France's Professional Football League (LFP) is under serious threat as Ligue 1's new domestic media rights contracts could be further devalued.
LA28 brings in Nike’s Slusher to drive revenues
The commercial programme for the Los Angeles 2028 Olympic Games is to be spearheaded by former Nike executive John Slusher.
Premiership Rugby hires Cooke as commercial lead
Ex-URC sponsorship chief Cooke brings significant commercial experience at a time of strong financial headwinds for Premiership Rugby.
Eredivisie, IMG plot international OTT strategy
IMG and the Eredivisie plan to launch an online streaming platform to showcase matches not taken by international broadcasters and are also looking to include Dutch Cup rights in a wider package.