Bloomberg.com reports that DAZN lost $2.3 billion in 2021 as costs soared and it has lost more than $6 billion since 2016. The article indicates that much of the costs are attributed to rising media rights for soccer. DAZN spent a healthy share of capital into acquiring Italian and German soccer rights which are streamed […]
media
UFC closes media rights deal in South Korea
The Sports Business Journal reports that it has a new media rights deal for South Korea. CJ ENM is the new media rights holder under a multiyear agreement. CJ ENM purchased an 80% stake in the Endeavor Content scripted studio last year. Although terms were not released, based on previous indications from Endeavor, it likely […]
ONE announces streaming deal with Amazon Prime Video
ONE Championship and Amazon Prime Video announced a multi-year agreement for Prime Video to broadcast 12 live ONE Championship martial arts events per year. The full live events will be available exclusively on Prime Video in the U.S. and Canada. No word on when the first event will take place but that announcement should be […]
Report: UFC media rights deal with BT Sport will nearly double
The Sports Business Journal reports that the UFC media deal with BT Sport will almost double. According to the report, it will also work with Discovery as part of a beginning of a new relationship that may usurp the North American rights that ESPN currently has for the MMA promotion. The UFC will see exponential […]
One Championship says its landed a US media deal
According to a report from the South China Morning Post, One Championship will be announcing a media rights deal in the US. A quote from CEO Chatri Sityodtong indicated that the deal will be announced in mid-April. It’s a very big deal, a US prime time, multi-year deal. The first time in the history of […]