Broadcasting

ProSieben's Supervisory Board Raises Concerns Over General Atlantic Acquisition

18 days ago

In a developing story from the media industry, ProSiebenSat.1 Media, a prominent German broadcaster, is reportedly facing internal challenges regarding a significant investment from private equity firm General Atlantic. Sources familiar with the matter indicate that the company’s supervisory board is skeptical about moving forward with the proposed deal, which could alter the landscape of German media.

Renowned Broadcaster Kay Burley Announces Retirement After 36 Years at Sky News

2 months ago

Prominent broadcaster Kay Burley has made headlines herself this week by announcing her retirement from Sky News after an impressive career that spanned over three decades. This decision shifts the landscape of British news broadcasting, as Burley has been a familiar face and a key figure at Sky since its inception in 1989.

Fox Sports Secures New Rights Deal to Broadcast LIV Golf Competitions

3 months ago

In a remarkable turn of events in the sports broadcasting arena, Fox Sports has recently clinched a new rights agreement to air LIV Golf competitions, which marks a significant expansion of their sports portfolio. This strategic move not only amplifies the network’s existing golf programming but also reinforces LIV Golf’s growing presence in the competitive world of professional golf.

Disney, Fox, and Warner Bros. Abandon Venu Sports Streaming Service

3 months ago

In a significant shift within the media landscape, major entertainment corporations Disney, Fox, and Warner Bros. have pulled the plug on their collaborative sports streaming initiative, known as Venu. This strategic decision reflects the changing dynamics of the streaming market, which has proven to be more challenging than anticipated for these powerhouse companies.

Apollo Global Management Explores Financing of Mexican Soccer League's TV Rights

4 months ago

In a significant development within the sports and finance sectors, Apollo Global Management is currently in negotiations to finance the television rights of the Mexican Soccer League, known as Liga MX. This potential deal marks a strategic move by Apollo as the league continues to grow in popularity, both domestically and internationally.

Sinclair Broadcasting in Negotiations to Secure $1 Billion from Lenders

4 months ago

In a significant move that underscores the challenges facing media companies in the evolving landscape of broadcasting, Sinclair Broadcast Group is currently engaged in discussions with lenders in a bid to raise an impressive $1 billion. This initiative comes at a time when the company grapples with debt considerations and shifting market dynamics.

UFC's Future: CEO Dana White Anticipates Groundbreaking 10-Year Media Rights Deal in 2024

5 months ago

In a recent statement, UFC CEO Dana White expressed his optimism regarding the potential of securing a significant 10-year media rights deal in the upcoming year. As the mixed martial arts organization continues to expand its global reach and popularity, White believes that the timing is ripe for negotiations that could reshape the landscape of sports broadcasting.