Multiple Sports

Harbinger Sports Partners Fund has become the latest sports-focused private equity fund start-up to cast an eye over major league franchises

After going into administration last year, Le Coq Sportif could be rescued as two consortiums bid to acquire the French sportswear brand.

CAA Sports has reached an agreement to acquire Portas Consulting, a global sports management firm, with the deal to result in around 160 staff joining the agency.

ESPN’s highly-anticipated standalone streaming service in the United States will cost $29.99 (€26.90) per month when it launches later this year.

The future of German media group ProSiebenSat.1 has taken another twist, after Czech investment firm PPF made what it describes as a "compelling all-cash alternative" to the offer submitted by MFE-MediaForEurope.

The name and pricing strategy of ESPN's much-anticipated standalone streaming service in the United States will officially be unveiled next week

German media group ProSiebenSat.1 has announced that it will be cutting approximately 430 full-time positions as it looks to streamline its transition to a digital-first company

Genius Sports has posted further significant betting revenue increases, allowing the company to eat into its quarterly group net loss, which reduced 67.9 per cent year-on-year to $8.2m (€7.2m).

Fubo narrowed its losses in the first quarter compared to the same period last year, though its North American subscriber total fell to 1.47 million, the streaming aggregator has revealed in its latest financial earnings report.

Sports trading card platform Alt has filed a lawsuit against Fanatics-owned online auctioneer PWCC Marketplace, alleging fraud, and seeking damages of at least $13.7m (€12.1m).

Australian media group Foxtel has made about 100 staff redundant, as it restructures following its acquisition by DAZN.

The end of Canal Plus’ Uefa Champions League sublicensing deal with Altice in France plus a “tough comparable” with the first three months of 2024 both contributed to a 2.5-per-cent quarterly revenue drop at the pay-television broadcast group.

Two Circles, the self-proclaimed data-driven sports marketing agency, has strengthened its commercial leadership team with the appointment of Melissa Brown as business development director

Viaplay’s subscriber total in its core operating territories of the Nordics and the Netherlands has fallen by 4 per cent to 4.65 million although price increases have delivered higher revenues per user.

Two Circles has lost one of its leading executives in North America after Adam Davis called time on his three-and-a-half-years at the sports marketing agency

Czech broadcaster TV Nova has made Anna Lenerova its director of sports acquisition and pay-television channels following the recent merger of its international streaming service Voyo and O2’s television offerings.