Why Formula 1 is a rare global sports asset Sport Business Formula 1 has become one of the most sought-after properties in global sport — and the reasons run far deeper than glamour and horsepower. In a fragmented media landscape, F1 is one of the few rights-holders that can credibly claim global scale, cultural momentum and commercial scarcity. Start with the basics: reach. F1 remains one [...]
F1 chief defends blockbuster $700m Apple TV deal Sport Business Cadillac chief Dan Towriss has defended Formula 1’s blockbuster new $700m media rights deal with Apple. The tech giant, whose digital arm streams Major League Soccer, signed a five-year deal for the US rights from 2026 last week reported to be worth over £500m, gazumping an ESPN offer for $90m per season. But the agreement [...]
VR headsets and sliders kick DVDs and turkey out of inflation basket Economics VR headsets, yoga mats and sliders have been added to the inflation basket of goods as DVD rentals and minced turkey have been knocked off. The items included in the consumer price inflation (CPI) basket of goods and services, which is compiled by the Office for National Statistics (ONS), are designed to reflect Britons’ typical [...]
Disney+ and Apple TV+ deals help turbocharge Shardlake maker January 7, 2025 The completion of shows for Disney+ and Apple TV+ helped turnover at a London production company jump by more than £55m, it has been revealed. The Forge Entertainment, which delivered Shardlake to Disney+ and The Buccaneers to Apple TV+, has reported a turnover of £71.1m for the nine months to the end of 2023. The [...]