Former JPMorgan investment banker launches European sports fund Sport Business A former JPMorgan investment banker has teamed up with the former managing director of Eurosport to launch a new European sports fund. Athvance Capital has launched as a “European investment platform fully dedicated to unlocking long-term value across the global sports industry”. Capital, according to the firm, has already been deployed across Padel Copa as [...]
MPs slam TNT Sports cycling subscription fee hike Sport Business MPs have slammed TNT Sports over its plan to move the Tour de France behind a paywall that is more than four times the former subscription fee. Cycling has long been on Eurosport but as of last week the broadcaster ceased to exist in the UK and its assets were transferred over to TNT Sports, [...]
Critics slam Warner Bros cutting Eurosport for TNT Sports in UK Sport Business Last week Warner Bros. Discovery announced that it would be winding down its UK-based Eurosport operation with the live sport content migrating to TNT Sports from the end of this month. On the face of it, having the Olympics, Champions League, Autumn Nations Cup and more all in one spot is ideal for sports fans. [...]