The £600,000 Bahrain International Trophy will be available to watch in 165 countries on November 18th – with the Kingdom’s showpiece race attracting record television interest. Racecourse Media Group (RMG) and HBA Media (HBA), two of the leading horseracing media rights companies, working with the Bahrain Turf Club, have delivered the coverage, with 20 networks […]
The Walt Disney Company has reported earnings for its fourth quarter and fiscal year ended October 1st 2022. The Disney+ streaming service now has 164.2 million global subscribers, an increase of 12.1 million on Q3. However, Disney warned executives in a conference call that growth is expected to slow in the fiscal first quarter. Across […]
This week sees two prestigious international horseracing events – the Lexus Melbourne Cup and the Breeders’ Cup – attract a widespread global audience courtesy of specialist distributors HBA Media. The Lexus Melbourne Cup, which took place in the early hours of November 1st, entered its 162nd year with 20 broadcasters showcasing the event live in […]
ESPN has sold a majority interest in X Games, the global action sports franchise it founded in 1995 that made household names of skateboarders, snowboarders, BMX riders and freestyle motocross athletes. As part of a multiyear agreement, MSP Sports Capital, a New York City-based private equity firm with investments in McLaren Racing Limited and four […]
In the midst of what is on track to be a record-breaking season of viewership, the Walt Disney Company, ESPN and Formula 1 have extended their relationship with a new, multi-year contract that will keep F1 races on ESPN Networks in the US through the 2025 season. The renewal was announced at the F1 Aramco […]
Activist investor Dan Loeb seems to be backing off his call for Disney to spin-off ESPN. Loeb’s Third Point hedge fund bought a $1 billion stake in Disney this summer, and called for ESPN to be spun off to reduce Disney’s debt. Now The Walk Disney Company CEO Bon Chapek has told Disney’s InHhouse Con: […]
Hedge fund Third Point has disclosed a $1 billion (€0.98bn) stake in The Walt Disney Company and plans to push for changes including spinning off ESPN and buying back shares. Daniel Loeb, who runs Third Point, has U-turned on Disney building this new stake not long after exiting his previous position over fears about rising […]
The first event of the PTO Tour will be beamed live around the world in over 160 territories thanks to a raft of broadcast deals led by an exclusive 3-year partnership with Warner Bros Discovery. The inaugural PTO Canadian Open in Edmonton (July 23rd to 24th) will be live on Eurosport 1 with the exclusive […]
The Walt Disney Company has reported earnings for its second fiscal quarter ended April 2nd 2022. Revenues for the quarter and six months grew 23 per cent and 29 per cent, respectively, despite a $1 billion (€0.96bn) reduction for the amount due to a customer to early terminate licence agreements for film and television content […]
To simplify and increase the efficiency of streaming video delivery, Disney Streaming and Lumen Technologies are leading an effort to produce standardised CDN configuration metadata and application programming interfaces (APIs) for the streaming video industry. The multi-year effort is made possible by both companies’ participation in the Streaming Video Alliance (SVA), a consortium of 100+ […]