ITV in talks to take stake in BT Sport April 30, 2021 ITV is one of the parties in talks to buy BT Sport, a move that could bring major football back to free-to-air television if the sale went ahead. BT yesterday confirmed it was in talks with major streaming platforms to offload a stake in its television arm as it focuses on its broadband division. ITV [...]
UFC owner Endeavor hits $11.6bn valuation on stock market debut April 29, 2021 Talent agency group and UFC owner Endeavor has secured a valuation of $11.6bn (£8.3bn) after taking its second shot at floating on the stock market today. The company, which was founded by Hollywood mogul Ari Emanuel, opened at $27 on the New York Stock Exchange, 12.5 per cent its offer price of $24. Emanuel founded [...]
Week in Sportbiz: Taxman cometh for football (again); BT Sport; Simone Biles; social media boycott; and NHS x NFL draft April 29, 2021 HMRC has cashed in by increasing scrutiny of the football industry, so perhaps it should be no surprise that the taxman has begun a new crackdown on players and clubs. Investigations into footballers almost tripled in 2019-20, while those concerning clubs more than doubled. The result was an increase from £35m to £73m in tax [...]
Sky owner Comcast beats forecasts on pandemic broadband boost April 29, 2021 Comcast today posted better-than-expected revenue for the first quarter after cashing in on higher demand for its broadband services during the pandemic. The US media giant booked a two per cent rise in revenue to $27.2bn (£19.5bn) in the first three months of the year, ahead of analyst forecasts of $26.7bn. The upbeat figures came [...]
Heathrow plunges to another loss as airport tells Border Force to ‘get a grip’ April 29, 2021 Heathrow Airport reported yet another loss this morning as the UK’s largest air travel hub continued its long wait for aviation to restart. The firm said that it had suffered a £329m loss in a quarter in which it saw just 1.7m passengers, down 91 per cent from last year. In total, that means that [...]
Lockdown roadmap cannot be rushed, despite vaccine success, minister says April 29, 2021 Despite the success of the vaccine rollout, the roadmap through lifting lockdown restrictions cannot be accelerated safely, the UK’s vaccines minister has warned this morning. Minister Nadhim Zahawi said that while one in four adults had two doses, “we have to be careful”. The successful vaccine rollout does not ensure full protection, Zahawi warned, adding that “if the [...]
NHS app to be used as vaccine passport for travel, says Shapps April 28, 2021 Brits will use the existing NHS Covid-19 app to show their vaccine status if they wish to travel abroad, transport secretary Grant Shapps has confirmed this morning. The app will be retooled to function as a vaccine passport, Shapps said, or to show a negative test result. “It will be the NHS app that is [...]
Premier League set for TV cash boost after it agrees to renew £4.7bn contracts with Sky, BT and Amazon on same terms April 27, 2021 The Premier League is close to renewing its £4.7bn domestic broadcast contracts with Sky, BT and Amazon, according to reports. It has chosen a private sale to current partners on the same terms as existing deals rather than a traditional auction of the rights for 2022-2025, according to SportBusiness Media. The arrangement must still be [...]
UK to Greece vaccine passports are ‘forthcoming’, Greek minister says April 27, 2021 Covid-19 passports between the UK and Greece are “forthcoming”, the Greek government has said today, allowing some vaccinated Brits to island hop this summer. Foreign holidays this year are increasingly on the cards as vaccine passports have gained traction. The Greek tourism minister, Harry Theoharis, said Greece is looking to welcome back UK tourists who [...]
Chernobyl 35 years on: New nuclear waste repository at site of the disaster that shook the world April 27, 2021 This morning marks the day the world woke up after the worst nuclear accident in history 35 years ago. It is also the day Ukraine’s president unveiled a new nuclear waste repository at Chernobyl. Ukrainian authorities decided to use the deserted zone around the Chernobyl plant to build a place where Ukraine could store its [...]