Broadcast Rights

Sports, digital to drive Viacom18 revenue for 'foreseeable future'

SportzPower Team

Apr 23, 2024 21:04

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Revenues at Viacom18, the media arm of Mukesh Ambani’s Reliance Industries Limited (RIL), grew by 49% for the 2023-24 financial year on the back of sports and news. The company’s revenues reached Rs 10,826 crore ($1.3 billion) in FY24 as compared to Rs 7,266 crore ($872m) in FY23.

Per the company’s statement, sports was the biggest driver of revenue growth for Viacom18.

EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) was significantly down however - from $28.3 million the previous year to $3.9m.

Apr 22, 2024 20:04

Dish TV launches service with 'built-in OTT' - Dish TV Smart+

NEW DELHI: Indian DTH service provider Dish TV Monday claimed an industry first with ‘Dish TV Smart+’, which offers built-in OTT services along with linear TV subscriptions to all its customers, without any additional cost.

Apr 16, 2024 18:04

ACC to float Asia Cup media rights tender next month: Report

The Asian Cricket Council (ACC) is planning to float a tender for the next cycle of Asia Cup media rights in the next one month, and is looking to complete the process by July, Cricbuzz reports.

Apr 12, 2024 19:04

MTV Channel secures ICC rights in Sri Lanka till 2025-end

The International Cricket Council Friday announced that ICC cricket rights in Sri Lanka up until the end of 2025 have been awarded to MTV Channel (Private) Limited. MTV will exploit the broadcast rights via their free to air channels, TV1, Shakthi TV and Sirasa TV. The digital rights will be exploited via www.sirasatv.lk and by icc.tv enabling more fans to watch ICC world events over the next two years.

Apr 10, 2024 20:04

NBCUniversal set for new Olympics ad sales record at Paris 2024

With a little over 100 days still to go for Paris 2024, US media rights holder NBCUniversal is “on track to generate the most advertising revenue in Olympic history”.

Apr 10, 2024 20:04

TNT Sports tip off multi-yr WNBA media rights deal for UK, Ireland

TNT Sports and the Women’s National Basketball Association (WNBA) today announced a multi-year collaboration to air WNBA games in the UK and Ireland, re-affirming TNT Sports’ commitment to women’s sport and strengthening its basketball offering.

Apr 08, 2024 17:04

ARY scores Pak media rights for NZ men, Windies women cricket series

ARY Communications has won media rights of the upcoming men’s and women’s series following a "transparent tender process", the Pakistan Cricket Board announced.

Apr 05, 2024 20:04

ICC cricket rights awarded in Bangladesh until 2025-end

The International Cricket Council announced Friday that ICC cricket rights in Bangladesh have been awarded to TSM, which will exploit the rights via Nagorik TV and Banglalink, taking cricket to more people in the country over the next two years.

Apr 02, 2024 19:04

PCB awards home streaming rights for Pak vs NZ T20I series

LAHORE: The consortium of Tamasha and Trans Group FZE has been awarded live-streaming rights for the home T20I series against New Zealand and also the women’s home series against West Indies which involves five T20Is and three ODIs. In the public bidding process apart from Tamasha and Trans Group FZE, ARY Group, Tower Sports and Tapmad also took part in the process.

Mar 27, 2024 21:03

Sony secures New Zealand Cricket media rights for next 7 yrs

Sony Pictures Networks India (SPNI) has acquired the television and digital rights to broadcast and stream all New Zealand-based Blackcaps and White Ferns matches into India and associated territories for the next seven years. It bears noting that SPNI’s digital rights in India will be co-exclusive with incumbent rights holder Amazon Prime for the 2024-25 and 2025-26 seasons.

Mar 26, 2024 21:03

ICC awards cricket rights in Pakistan till end of 2025

The International Cricket Council Monday announced that ICC cricket rights up until the end of 2025 have been awarded to Pakistan Television Corporation (PTVC) and Tower Sports (Landing Rights License Holder of Ten Sports Pakistan) in Pakistan.

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