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. [...]
Taskmaster makers in the money as profit jumps Media The makers of hit TV shows such as Taskmaster have given themselves a sizeable pay day after profits at the production company continued to rise. The London-headquartered Tiverton 2 group, which owns a range of TV production companies including Avalon Entertainment, issued a dividend of £12m in October last year. That came off the back of [...]
Netflix eyes Formula 1 TV rights deal after Drive to Survive success Sport Business Netflix could soon advance their Formula 1 offering beyond Drive to Survive with the streaming giant plotting a move for live TV rights. Having dipped their toe into live boxing, showing Mike Tyson’s bout with Jake Paul, and Christmas Day NFL, the streaming service appears to be interested in the US rights for Formula 1. [...]
Critics slam Warner Bros cutting Eurosport for TNT Sports in UK February 2, 2025 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. [...]
Billionaire Sir Leonard Blavatnik injects £630m to prop up Netflix-rival DAZN as losses mount January 26, 2025 Billionaire Sir Leonard Blavatnik has injected a further $827m (£630m) into streaming giant DAZN in a bid to become a major rival to Netflix. The businessman has now invested more than $6.7bn (£5.3bn) in the London-based sports streaming service, according to newly-filed accounts with Companies House. DAZN is owned by Access Industries, a New York-based [...]
Premier Sports boss on Champions Cup, 24/7 rugby channel and rights December 5, 2024 Ahead of the Investec Champions Cup, City AM sat down with Richard Sweeney of Premier Sports as the broadcaster takes on European rugby’s rights. When the Champions Cup TV deal between TNT Sports and European Professional Club Rugby (EPCR) came to an end, many assumed a copy-and-paste agreement would see the partnership continue. But the [...]