Formula E owners bid for NBA Europe’s London franchise Sport Business Formula E’s majority stakeholder has bid to buy the London franchise in the upcoming NBA Europe project, according to reports. The London franchise was the most sought after team when the period to submit non-binding bids to express an interest closed last week. NBA sources stated that they had received multiple bids of $1bn across [...]
Formula E signs World Championship extension with FIA until 2048 Sport Business Formula E has extended its exclusive contract with motorsport governing body the FIA, meaning it will remain the only all-electric single-seater World Championship until at least 2048. It comes ahead of the climax of Formula E’s 11th season in London this weekend, where Nissan driver Oliver Rowland is set to be crowned champion on home [...]
All3Media: The Traitors maker still in the red before £1.15bn RedBird IMI takeover Business Turnover dropped below the £1bn mark at TV and film production powerhouse All3Media, which is behind the likes of The Traitors, in the year before it was acquired by RedBird IMI, the investment fund helmed by US media titan Jeff Zucker. The London-headquartered company was snapped up from Warner Bros Discovery and Liberty Global in [...]
Telco battle hots up as Virgin Media O2 launches challenger to BT Openreach with new broadband unit February 16, 2024 Virgin Media O2 has announced plans to establish a new national fixed network company alongside two of its major shareholders.