TNT Sports loses almost £190m since BT Sport rebrand Media TNT Sports, the broadcasting giant co-owned by BT and Warner Bros Discovery, lost almost £190m during its latest financial year, it has been revealed. The business, which rebranded from BT Sport in 2023, has posted a pre-tax loss of £187.5m for the 12 months to 31 July, 2024, new accounts filed with Companies House show. [...]
Leicester City stars face up to 50 per cent wage cuts after relegation Sport Business Leicester City’s players are facing wage cuts of up to 50 per cent next season following their relegation from the Premier League. Leicester have acted to protect themselves when offering contracts to new players in recent years having also been relegated two seasons ago, with recent arrivals agreeing to pay cuts of between 35 and [...]
Premier League explores Premflix launch with dual TV sales model Sport Business The Premier League is exploring the possibility of adopting a two-pronged media sales strategy from 2029 onwards, with a direct-to-consumer model adopted in certain overseas markets but the domestic broadcast rights still sold to traditional broadcasters, such as Sky Sports and TNT Sports. The decision to take all international broadcast production in-house from the start [...]