Finance and Law
WBD armed with digital content in NBA settlement
Warner Bros. Discovery has settled its lawsuit against the National Basketball Association, bringing an end to the legal saga spurred by the league’s new domestic broadcast deals.
Disney streaming profits partly offset linear decline
Walt Disney’s streaming business continues to be profitable, partially offsetting a sharp fall in its linear networks' operating income in its fourth-quarter results.
Fubo to offer standalone subscriptions
Amid a turbulent time for sports television bundles in the United States, streaming platform Fubo announced today (Tuesday) that it is launching standalone subscription services
Pac-12 adds Gonzaga in boost to conference value
Conference realignment in the US college sports world continues apace as the rebuilding Pac-12 made another move that will potentially bring an uplift to any future media rights revenue
DirecTV lodges Disney complaint, hikes pricing
DirecTV has accused Disney of negotiating in bad faith, as their carriage dispute enters a second week and intensifies ahead of the return of the NFL's Monday Night Football
ESPN goes dark on DirecTV amid carriage, antitrust disputes
Disney and DirecTV failed to agree on a licensing deal, leading to Disney-owned channels — including ESPN and ABC — going dark Sunday night in the middle of US Open broadcasting and just before a marquee col…
Streaming to fore in NBA motion to dismiss WBD case
The National Basketball Association has filed a motion to dismiss the lawsuit lodged by Warner Bros. Discovery over its rejection of a matching rights proposal
Venu Sports faces roadblock as judge delays launch
The much-anticipated launch of Venu Sports, the joint sports streaming venture from Walt Disney, Fox and Warner Bros. Discovery, has been delayed following a ruling by a US District judge
Okko CEO claims Telesport purchase as LaLiga pulls plug
Sergey Shishkin, CEO of Russian subscription OTT platform Okko, claims to have acquired 99 per cent of shares in Telesport as financial turbulence at the Russian sports marketing agency has put paid to…
WBD takes NBA to court as rights spat escalates
Warner Bros. Discovery has sued the National Basketball Association over the league’s rejection of its matching rights proposal, in the latest instalment of the NBA media rights saga.
Viaplay in talks to pass on rights in non-core markets
Nordic media giant Viaplay is currently involved in discussions to sublicense or sell on its rights in all its markets outside of the Nordics and the Netherlands
Polsat faces broadcast watchdog penalty over CEV volleyball coverage
Polish pay-television broadcaster Polsat could face a penalty from the country’s National Broadcasting Council (KRRiT) after failing to make a women’s European Volleyball Championship match available on …
Virat Kohli, Sourav Ganguly issued high court notices for fantasy league endorsements
The Madras High Court has issued notices to India cricket team captain Virat Kohli and Board of Control for Cricket in India president Sourav Ganguly for endorsing online cricket fantasy league apps
Premier League sues over terminated PPLive rights deal in China
The English Premier League is suing its former Chinese broadcast rights-holder for $215.3m (€183m) over its battle for unpaid rights fees, it has been reported.
Singaporean group among investors eyeing Newcastle United
Singaporean entrepreneurs Terence Loh and Nelson Loh are fronting a bid to take over English Premier League club Newcastle United
Thai FA ‘seeking financial support’ after sponsorship and media-rights issues
The Football Association of Thailand is seeking financial support to see it through its current cash flow problems caused by media rights-holder disputes and a lack of sponsorship support
Tencent ‘in discussions’ over $10bn Huya-DouYu merger
Chinese tech giant Tencent is said to be pressing for a merger of China’s biggest game-streaming platforms Huya and DouYu.
Axed Hong Kong Sevens causes financial pain for HKRU
Hong Kong Rugby Union has been hit with a significant fiscal setback but says its cash reserves will sustain it for at least one more year