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+ […]

The Professional Fighters League (PFL) has announced a partnership with Verdict MMA, the global fight scoring and prediction app, for the 2022 Season. Combat sports fans around the world will be able to add round-by-round scoring for the main card bouts which will be integrated into the broadcasts on ESPN networks and streaming platforms. This […]

The Professional Fighters League (PFL) has announced a media rights agreement with ESPN Africa for the 2022 Season. Under the agreement, the network will become the exclusive PFL content provider in Sub-Saharan Africa and include live coverage of the Regular Season, Playoffs and PFL World Championship.  In addition to live event coverage, audiences will have access […]

Jeremy Doig has been named Chief Technology Officer, Disney Streaming, where he will lead the technology organisation and global technology strategy for The Walt Disney Company’s portfolio of direct-to-consumer streaming services. Doig, a 30-year veteran in online media, will play a key role in propelling the next phase of technical innovation and growth for Disney+, […]

Premier Padel, the official global padel tour – governed by the International Padel Federation (FIP) and backed by the Professional Padel Association (PPA) and Qatar Sports Investments (QSI) – has announced further broadcasting deals, with the Viaplay streaming platform named as the Official tour’s broadcast partner in x10 European markets; Charlton TV as broadcast partner in Israel; SuperSport to […]

The $30.5 million Dubai World Cup horse race will be showcased to a record number of broadcasters on March 26th. The Meydan Racecourse in the heart of Dubai will host six Group 1 contests, headlined by the $12 million Dubai World Cup, sponsored by Emirates Airline. Dubai Racing Club, working with its appointed distribution and […]