Media
Warner Bros. Discovery reports $2.1bn loss in Q4, total D2C subscribers hit 96m
Media group Warner Bros. Discovery reported a net loss of $2.1bn (€1.98bn) in the fourth quarter of 2022 despite generating $11bn in revenue over the period.
Myco lands Pakistan Super League rights in Mena region
Streaming service Myco has acquired rights in the Middle East and North Africa to the 2023 season of the Pakistan Super League T20 cricket competition, which commenced earlier this month
USL, Stats Perform extend Opta deal to 2028
The United Soccer League has expanded its data provision agreement with Stats Perform in a deal that runs through at least 2028
OneFootball sheds another 150 jobs after Web3 overspend
Streaming platform and media company OneFootball is to shrink its headcount from 470 to 320 as it dramatically reduces its cost base in the wake of recent moves into the non-fungible token (NFT) and wider…
Sky NZ profits fall amid sports rights spend
Pay-television broadcaster Sky New Zealand has seen its half-year profit fall despite revenue rising, as it broke through the one million subscriber barrier
Netflix to air docuseries on NFL quarterbacks
Netflix has announced its first partnership with the National Football League in which the streaming service will air a docuseries on NFL quarterbacks
Sinclair suffers revenue decline following Diamond Sports deconsolidation
Sinclair Broadcast Group's consolidated revenue of $960m (€904.9m) dropped 35 per cent year-over-year in the fourth quarter of 2022, with the company pointing to the loss being primarily due to the deconsolidation last year of Diamond Sports Group (DSG), which runs Regional Sports Network (RSN) Bally Sports.
XFL suffers low ratings upon relaunch
The third edition of the XFL, a spring alternative American football league, has underperformed in its opening broadcasts of the season.
The league holds a broadcast deal with Disney and ESPN
Asian sports media ‘retains great potential’ but audiences now more difficult to monetise
The pay-television-driven heyday in Asian sports media is over – but not all is doom and gloom, according to industry experts speaking during the ‘Masterclass Asia: The Big Picture’ panel which kicked off t…
Watson replaces long-serving Tonoli as DAZN CCO
Global sports streaming service and media company DAZN Group has appointed Marc Watson as its new chief commercial officer, replacing the long-serving Jacopo Tonoli
Sportdigital Fussball, DAZN extend content sharing pact
German pay-television broadcaster Sportdigital Fussball has renewed ties with subscription streaming platform DAZN through a new content sharing agreement
NBA All-Star Game ‘posts lowest ratings on record’
The National Basketball Association's All-Star Game drew its lowest ratings on record with just 4.59 million viewers tuning in across Warner Bros
Coupang Play furthers F1 association, Fuji TV retains rights
South Korean streaming platform Coupang Play has secured a long-term association with Formula 1 by agreeing a rights deal with the motor racing championship
Wowow picks up rights to Copa del Rey
Japanese pay-television broadcaster Wowow has added to its Spanish football output by securing the rights to the final stages of the 2022-23 Copa del Rey tournament
BBC renews Bellator commitment
UK public-service broadcaster the BBC has struck a new rights deal with US-based mixed martial arts promotion Bellator
WWE’s Elimination Chamber sets gate and viewership records
World Wrestling Entertainment (WWE) set gate and viewership records for its Elimination Chamber event in Montreal, Canada
CME owner PPF takes stake in ProSiebenSat.1
Czech investment company PPF Group has acquired a 9.1-per-cent stake in German media group ProSiebenSat.1, becoming its second-largest shareholder after Italy-based commercial broadcaster Mediaset
Overtime moves into boxing with exclusive coverage on DAZN
US-based digital sports media network Overtime has entered into the world of boxing with the launch of OTX, a new series of four weekend match cards that will air exclusively on sports streaming service…