DAZN reportedly seeks external funding as coronavirus rages on

Despite the deep pockets of billionaire owner Len Blavatnik, sports streaming disruptor DAZN is reportedly seeking external funding as it battles the economic impact of the coronavirus pandemic. According to the Financial Times, the outfit – which has spent billions on acquiring sports rights around the globe – has reached out to a number of […]

Serie A demands outstanding payments from broadcasters

Italy’s Serie A has demanded the final installment in payments from broadcast rights holders for the currently suspended season. According to Reuters, Sky Italia, DAZN and sports agency IMG are being called on to pay an outstanding total of around €220 million as the final installment of the season. A statement from the league said: […]

Premier League clubs facing bill of £36 million per week in broadcast refunds

The bill facing Premier League clubs upon the season’s planned resumption has been laid bare by a new report. According to The Daily Telegraph, clubs in the league will have to pay broadcast partners an additional £36 million for every week the 2019/20 season extends beyond July 16. This is on top of a £330 […]

Full stream ahead as Netflix begins to restore video quality

Netflix has reportedly started to restore its streaming quality in a number of European countries. The streamer initially said that it would reduce its bandwidth usage by 25% for an initial period of 30 days at the end of March, though a snowballing of lockdown measures throughout Europe has seen that timeframe shift to an […]

IBC 2020 cancelled over coronavirus uncertainty

IBC, the broadcast industry’s leading European event, will not take place this year. CEO Michael Crimp said that dialogue with the IBC community indicated that an early decision on whether to run the event would be preferred. Crimp said that there were “still many unknowns” relating to the coronavirus crisis about whether and how an […]

Strong results for Deutsche Telekom with ‘limited impact’ from coronavirus

Deutsche Telekom has boasted stable results with the coronavirus pandemic having a limited impact on the operator so far. The company noted that despite the global spread of the coronavirus, it has seen a 2.3% year-over-year revenue rise to €19.9 billion in the first quarter. Adjusted EBITDA AL rose by 10.2%, to reach €6.5 billion. […]

UK government: Premier League must be FTA on return

The English Premier League has been given the go ahead to resume – on the condition that it makes a number of the remaining matches available to audiences for free. Culture secretary Oliver Dowden met with the league on Thursday and laid out a number of demands that must be met in order for the […]

Production back on the cards for BBC with Top Gear and Eastenders leading the charge

The UK’s BBC has revealed plans to restart production on some of its key shows from next month, as the TV industry across Europe begins to start gearing up for a return to shooting. BBC hits including motoring series Top Gear and drama EastEnders will both go back into production from June, the broadcaster’s content […]

Katzenberg blames Quibi’s stumbling start on coronavirus

Jeffrey Katzenberg has admitted that the performance of his shortform streamer Quibi has been “not close to what we wanted” since its launch in April, but blamed the lack of uptake on Covid-19. Quibi said it has been downloaded 3.5 million times to date, with 1.3 million active users, far short of its target to […]

EPL clubs could face bill of up to £340 million even if league resumes

As the English Premier League approaches resumption, clubs in the league still face a bill of over £300 million in broadcast fees. Following a tentative green light from the UK government, the league’s clubs met on Monday to continue discussions of what has been dubbed ‘project restart. While the league’s comeback will avoid what league […]