Hints and tips:
...Diamond’s portfolio of live sports is accessed almost exclusively through cable television packages and its subscriber count has fallen by almost a quarter since it was acquired by Sinclair Broadcast Group...
...Investors are sceptical that the group can compete in a cut-throat streaming business in which it is battling against much larger groups such as Disney, Netflix and Amazon....
...“Netflix has pulled away,” says John Martin, co-founder of Pugilist Capital and former chief executive of Turner Broadcasting....
...They were ultimately acquired by Sinclair Broadcast Group, which was best known as an operator of local television affiliates scattered across the US....
...Suncity Group has been variously linked to triad groups, has been accused of being a front for money laundering, and its former CEO in January, Alvin Chau, was jailed for 18 years....
...“This is not a typical blackout,” said analysts at MoffettNathanson, a research group....
...Other groups may still have a role to play in the project....
...The subsidiary of Sinclair Broadcast Group owns 19 local sports channels, under the banner Bally Sports, with agreements to air dozens of NBA, Major League Baseball, and National Hockey League games....
...MSP Sports Capital, an investment firm with a stake in the McLaren Racing motorsport group, bought a controlling stake in X Games from Disney’s ESPN in October....
...Pecker trained as an accountant and worked his way up through the ranks of the magazine unit of the CBS broadcasting network....
...Broadcasting group HBO was the biggest trophy. The fortified US media group was supposed to be a serious rival to the likes of Disney, Netflix and Comcast....
...As investors have forced a fresh era of austerity on Hollywood, traditional media groups are struggling to make the numbers add up, while larger technology groups are viewed as being better able to swallow...
...Recent results from several large ad groups show how competition for talent has weighed on bottom lines....
...Blavatnik told the FT: “Generally, I’m not a patient person, but I understand that it takes time and money to build a global broadcasting platform for the 21st century.”...
...BT has finalised its long-awaited deal with US media group Warner Bros Discovery to form a joint venture for its sport business, as the UK telecoms group stages a managed exit from sports broadcasting....
...In 2020, the value of South Korea’s cultural content exports, which include industries such as music, movie and broadcasting, reached an estimated $11.92bn according to the Ministry of Culture, Sports and...
...Apple and Major League Soccer have agreed to a broadcasting rights package worth $2.5bn over 10 years, according to people familiar with the matter, a big investment in live sports by the tech group that...
...streaming companies right now is to compete for sporting trophies, in order to differentiate their content and lure new subscribers In the latest move, Apple and Major League Soccer in the US have agreed a broadcasting...
...A version of this article was first published by Nikkei Asia on August 12 2022. ©2022 Nikkei Inc....
...Sound stages, historically a niche form of real estate, have attracted investments from private equity groups Blackstone and TPG....
...The same issues are coming to the fore in local TV broadcasting, which may be on a similar trajectory because of the rise of streaming....
...Discovery, which owns the Eurosport channels, has offered to create a joint venture with UK telecoms group BT, in a new effort that would create a powerful participant in British sports broadcasting, according...
...It became the most formidable competitor in sports broadcasting to Sky, owned by US telecoms group Comcast, which had been offering free broadband to its sports audiences....
...But Ted Lasso is the company’s first bona fide hit, putting the company on the map amid a sea of content as technology companies and media groups spend heavily to entice subscribers....
...Diller left Hollywood in the early 1990s to bet on the internet, creating IAC/InterActive, which has spun off numerous public companies including Expedia, Ticketmaster and Match Group....
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