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.

Mar 05, 2018 13:03

SPN wins 5-yr ECB rights for India subcon

MUMBAI: Sony Pictures Networks India has acquired exclusive media rights from the England and Wales Cricket Board (ECB) for the Indian subcontinent (Pakistan and Sri Lanka included) for a period of five years starting in 2018 through 2022.

Mar 01, 2018 13:03

Star Sports benefits from re-scheduling of women's T20 tri-series

MUMBAI: Star Sports will benefit from the re-scheduling of the upcoming women’s T20 tri-series featuring India, Australia and England. The seven matches in the series will now be played from March 22 - 31 at the Brabourne stadium in Mumbai, while the original schedule went on till April 3.

Feb 24, 2018 18:02

Peter Leible elevated to Bundesliga head of global audiovisual rights

SINGAPORE: Effective August 1, Peter Leible will take over the role of head of Global Audiovisual Rights at Bundesliga International in Frankfurt. Leible has currently been managing the DFL subsidiary’s office in Singapore for six years. His successor is Kevin Sim, who on April 15 will take over from Leible as head of Asia Pacific.

Feb 23, 2018 13:02

CoA opts for e-auction for BCCI media rights; officials unhappy

MUMBAI: In a major revamp in its bidding process, the Committee of Administrators has decided that the media rights of BCCI (broadcast and digital) for the upcoming international and domestic matches will be granted through e-auction - a departure from the sealed tender documentation process used till this year’s IPL.

Feb 21, 2018 12:02

Intl triathlon body hands commercial mandate to Infront

LONDON: The International Triathlon Union (ITU) has finalised a long-term partnership with leading sports marketing company Infront.

Feb 20, 2018 16:02

BCCI invites bids for India cricket media rights

NEW DELHI: The Board of Control for Cricket in India (BCCI) on Tuesday invited bids for the broadcast and digital media rights of all international and domestic cricket matches to be played in India till March 2023.

Feb 20, 2018 12:02

Arsenal scores record sponsorship renewal with Emirates

LONDON: Arsenal FC have signed a record deal to renew their shirt sponsorship deal with their current partner Emirates airline for another five years, the Premier League club announced Monday.

Feb 19, 2018 12:02

Low revenues due to timing rules out India Tests in New Zealand

MUMBAI: The challenge of an India unfriendly time zone, added to the fact that New Zealand's cricket is of little interest to the average Indian viewer (and by extension television broadcasters), has led to the BCCI declining to play away Tests against the Kiwis. The Tests in New Zealand start at 3.30 a.m., which is not appropriate for fans in India to follow the match, a report in newspaper DNA said.

Feb 16, 2018 13:02

Canada to have T20 cricket league on lines of IPL soon

MUMBAI: Canada could very have its own version of a T20 cricket league on the lines of the successful Indian Premier League (IPL). Indian-origin Toronto businessman Roy Singh, who has interests in gold exploration in Guyana, says his mission is to launch the Canadian Premier League.

Feb 14, 2018 16:02

Premier League UK rights: Sky, BT pay less for more

MUMBAI: And so it proved. With Silicon Valley tech giants not ready to enter the bidding fray for the next round of Premier League media rights, incumbents Sky Sports and BT Sport have secured five of seven live packages up for grabs for a combined £4.464 billion, significantly less in REAL value than the record £5.136 billion they paid in the 2015 auction.

Subscribe to Broadcast Rights