News

Feb 06, 2019 16:02

CBS rakes in $382m on Super Bowl ads - Kantar Media

NEW YORK: Kantar Media’s preliminary estimate of in-game ad expenditures for Super Bowl LIII, subject to revision, is $382 million. This would be the third largest amount in history, trailing only the 2017 and 2018 games.

There was a total of 49 minutes, 45 seconds of national commercial time from paying sponsors, the NFL and…

Feb 06, 2019 15:02

HK's City Sports buys CPL team St Kitts & Nevis Patriots

MUMBAI: Hero Caribbean Premier League franchise St Kitts & Nevis Patriots will be under new ownership for the upcoming CPL.

City Sports, Hong Kong - part of the City Group of companies, bought the franchise from businessmen Uday Nayak and Mohammed Ansari, who owned the team in partnership with the government of St Kitts…

Feb 06, 2019 14:02

Hotstar ups IPL presenting sponsor fees 60%: Report

MUMBAI: Hotstar, the Star-India owned OTT platform, has upped the digital co-presenting sponsor rates for the Indian Premier League (IPL) 2019 to Rs 500 million, which is nearly a 60% increase from the last season, Exchange4Media reports.

For some context, it bears noting that in 2017, the likes of Vivo and Maruti had paid Rs …

Feb 06, 2019 14:02

FC Basel 1893 confirms taking minority stake in Chennai City FC

NEW DELHI: FC Basel Holding AG announced on Wednesday it is taking a minority stake (emphasis ours) in Chennai City FC (CCFC). 

According to the deal, FC Basel Holding AG will acquire a 26% stake in the I-League club and will see the Swiss club lend technical expertise and knowledge to their Indian…

Feb 06, 2019 14:02

Netflix to launch MI docu on 1 Mar

MUMBAI: Netflix, the global OTT platform giant confirmed on its Twitter handle on Tuesday that it will be showcasing a special sports documentary on three-time IPL champions Mumbai Indians starting from 1 March 2019.

The Reliance-owned cricket franchise had confirmed Netflix’s plans to do the same in April 2018 with the…

Feb 06, 2019 14:02

Golconda Masters to offer world ranking points

HYDERABAD: The Professional Golf Tour of India (PGTI), the official sanctioning body of professional golf in India, announced Tuesday that the fifth edition of the Golconda Masters Golf Championship in the Telangana capital city will be the first instance of an Indian golf event aligning itself with the Official World Golf Ranking (…

Feb 06, 2019 13:02

Former NBA VP Hedgpeth elevated to WNBA COO

NEW YORK: The Women’s National Basketball Association (WNBA) announced Tuesday that Christin Hedgpeth has been promoted to the role of chief operating officer on a permanent basis, having served in an interim capacity since October 2018 following Ann Rodriguez’s resignation from the post.

Hedgpeth will continue to oversee WNBA…

Feb 06, 2019 12:02

European Tour signs data analytics deal with IMG Arena

LONDON: The European Tour has followed the footsteps of the PGA Tour by entering into an agreement with IMG Arena, IMG’s leading sports betting and content hub based out of the United Kingdom.

Feb 06, 2019 12:02

F1 confirms 4-year extension of Azerbaijan Grand Prix

LONDON: Formula 1 has begun signing its string of renewal deals for the year, announcing that the Azerbaijan Grand Prix in Baku will be part of the annual championship calendar until at least 2023, following an agreement reached with the Baku City Circuit.

The agreement was signed by the Azerbaijan Sports Minister Azad Rahimov…

Feb 06, 2019 12:02

FIFA creates JV with Qatar 2022 WC Organizing Committee

DOHA: FIFA, the apex governing body of world football, seems to be taking its President Gianni Infantino’s ‘FIFA 2.0 Vision’ strongly, creating an innovative model that will streamline the operational delivery of the 2022 World Cup. It has announced a formation of a joint venture for the same called ‘FIFA World Cup Qatar 2022 LLC’…