Broadcast Rights

Disney sees ICC rights bringing losses to streaming biz in Q3

Last updated : May 09, 2024 21:05

SportzPower Team

May 09, 2024 20:05

Read more about Disney sees ICC rights bringing losses to streaming biz in Q3
Log in to post comments

The Walt Disney Company is expecting International Cricket Council (ICC) digital rights, which is held by Disney+ Hotstar, to cuase losses in its streaming business in Q3.

"We are forecasting a loss for entertainment direct to consumer (DTC) in the third quarter, the vast majority of which is due to Disney+ Hotstar's ICC cricket rights," Walt Disney CFO Hugh Johnston told analysts during the earnings call for the March quarter.

He added Disney+'s core subscriber growth is not expected to be significant in Q3, but sub-growth is anticipated to return in Q4.

Jul 14, 2021 20:07

Shriram Capital is the lead partner for TNPL 2021

Shriram Capital is the lead partner for TNPL 2021 CHENNAI: Financial conglomerate Shriram Capital Limited, Wednesday announced that the company will be the Official Partner for the Tamil Nadu Premier League (TNPL) 2021.

Jul 12, 2021 20:07

Former Turner president David Levy joins ONE as lead director

SINGAPORE: Group ONE Holdings, which owns and operates the ONE Championship, Monday announced the appointment of David Levy to its board of directors.

Jul 09, 2021 19:07

Tokyo 2020: Pioneering b'cast coverage, digital innovation

TOKYO: Whilst spectators may not be able to attend Tokyo 2020 in person, fans around the world and in Japan will be able to experience the thrill of the Olympic and Paralympic Games Tokyo 2020 thanks to new, innovative technologies.

Jul 07, 2021 18:07

Eurosport's coverage of ‘The Open’ in India: Hero lead sponsor

MUMBAI: Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters and Indian golf's "corporate patron", has taken the lead sponsor position for the live broadcast of the 149th Open Championship on Eurosport in India. The Open, one of golf's four majors, is scheduled to be played from Thursday, July 15, through to Sunday, July 18.

Jul 06, 2021 20:07

European Cricket Network 'Hits A Six' With Recast

European Cricket Network signs on with OTT platform Recast

LONDON: The European Cricket Network has signed on with Australia-based subscription OTT platform Recast to showcase a bespoke daily package of highlights. ECN is the latest organisation to join the new OTT provider in a bid to maximise revenue generation through fan viewership whilst ensuring fans have affordable access to the content they want to watch.

Jul 05, 2021 13:07

LaLiga scores rights deal with Viacom18; games be t'cast on MTV

MUMBAI: Now this is what we call an announcement that has "come out of left field". LaLiga declared Monday that it has agreed a three-season broadcast partnership on the Indian subcontinent with Mukesh Ambani's Reliance Industries Ltd-controlled Viacom18 Media network.

Jul 03, 2021 11:07

48m tune in to SPSN for 1st 36 games of Euro 2020

MUMBAI: UEFA Euro 2020 continues to score with audiences in India. World football's second biggest tournament after the FIFA World Cup saw 48 million viewers tuning in to Sony Pictures Sports Network to watch the first 36 matches of the tournament (between 11th and 25th June).

Jun 30, 2021 16:06

India tour of Lanka telecast: SPSN scores 15 brands and counting

MUMBAI: Sony Pictures Sports Network (SPSN), host broadcaster for India's upcoming tour of Sri Lanka, which begins July 13, has secured a "great response from advertisers across multiple sectors".

Jun 25, 2021 18:06

Roland Garros 2021 final ratings hit for Star Sports

MUMBAI: The epic Roland Garros 2021 final between eventual champion Novak Djokovic and Greek sensation Stefanos Tsitsipas, who played in his first-ever Grand Slam final, became the highest-rated match across Grand Slams since 2018.

Jun 25, 2021 14:06

Euro 2020: 1st 21 games sees 37m tuning in to Sony ntwrk

MUMBAI: Well, the numbers have clearly backed up the "intuitive feel" that the ongoing UEFA Euro 2020 has had Indian viewers "glued in". Football fever is sweeping fans across the world and India is no different.

Subscribe to Broadcast Rights