Tag Archives: Sports Business

Amazon eyeing first foray into broadcasting football matches in Italy: source | Instant News


MILAN (Reuters) – Amazon will get the exclusive rights to screen the top European Champions League matches in Italy for the 2021-2024 season, three sources close to the matter said, in what will be the first attempt to broadcast sporting events in the country.

FILE PHOTOS: Amazon logo seen at a logistics center in Lauwin-Planque, northern France, 22 April 2020. REUTERS / Pascal Rossignol / File Photo

UEFA last month invited broadcasters to bid for the rights to screen Europe’s premier football competition in Italy, in one of the biggest broadcast rights sales in the European football industry following this year’s coronavirus outbreak.

Amazon is close to gaining the exclusive rights to broadcast Wednesday’s Champions League match on its Prime Video streaming platform in Italy for around 80-90 million euros, the sources said, in a move seen as a way to increase Prime’s subscription service.

Italy’s top pay TV broadcaster SKY, which is owned by US Comcast’s, is close to a deal to buy most of the Champions League and Europa League matches, the sources said.

The offer for SKY is worth around 100-110 million euros per season, two sources said.

Italy’s top commercial broadcaster Mediaset almost won non-exclusive rights to the top Champions League match to be played on Tuesday for around 45-50 million euros, sources added.

The final sale results of the deal are expected to be announced at the end of this week, the sources said.

One source said a separate tender to sell the Europa League streaming rights may be held in January, as SKY was unable to buy the rights due to an Italian antitrust ruling preventing pay TV from securing exclusive content for its video streaming platform.

In 2017 SKY bought the exclusive rights to broadcast Champions League and European football matches in Italy for around 270 million euros per season.

SKY and Amazon declined to comment. Mediaset admits that they are still waiting for the right to be granted.

Reporting by Elvira Pollina, editing by Ed Osmond

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Australia’s Boxing Day exams are attended by 25,000 pastors | Instant News


MELBOURNE (Reuters) – Authorities are targeting a crowd of at least 25,000 people per day at the Melbourne Cricket Ground (MCG) for Australia’s second cricket test against India, a government official said on Wednesday.

FILE PHOTOS: Cricket – Ashes test match – Australia v England – MCG, Melbourne, Australia, 28 December 2017. Alastair Cook’s reaction from England as he walks at the end of day three of the fourth Ashes cricket trial match. REUTERS / David Gray / Photo Files

Melbourne, Australia’s second most populous city, was freed from its coronavirus lockdown on Wednesday, with retail and hospitality businesses opening their doors for the first time in months.

Victoria State Sports Minister Martin Pakula said the government would develop a plan with Cricket Australia and the MCG to allow the famous 100,000-seat stadium to have a quarter of capacity for trials starting December 26.

“We were very clear with Cricket Australia and the MCG that we will make the final decision on the numbers closer to today, depending on the epidemiological situation that exists at the time,” he said.

“At this stage, (25,000) is what we believe is a safe and appropriate number per day at the MCG.”

Pakula said she would not rule out raising the hat if the health situation allowed.

Melbourne’s release from lockdown has come too late for the country’s biggest week of horse racing, the Melbourne Cup carnival, which kicks off this weekend.

The carnival typically draws more than 90,000 spectators to major races and is crowned by the A $ 8 million ($ 5.7 million) Melbourne Cup, which is held on the first Tuesday of November in Flemington and is known as the “race that stops the nation”.

But there are no spectators on the track this year. The Victorian Racing Club hopes the owner of the entered horse can attend but Pakula said the government has rejected the request.

The government last week initially approved the owner of the A $ 5 million Cox Plate run on Saturday but was quick to reverse the decision after public outcry.

“The government’s view is that it is inappropriate if hundreds of owners gather in Flemington next week,” Pakula said.

“There will be a time for that but next week is not the time.”

Reporting by Ian Ransom; Edited by Robert Birsel

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Brief Review – Corona Capital: W-shaped recovery, British investors | Instant News


The deserted Colosseum is described as a curfew imposed by the Lazio region from midnight to 5 a.m. to curb coronavirus disease (COVID-19) infection in Rome, Italy, October 24, 2020.

LONDON (Reuters Breakingviews) – Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with brief insights related to the pandemic.

NEWEST

– Eurozone economy

– Increase in retail investment

FROM V TO W. Europe’s economic recovery falters under a new wave of coronavirus restrictions. Italy and Spain on Sunday became the latest countries to reimpose lockdown measures to stop the spread of Covid-19. The government in Rome ordered bars and restaurants to close at 6 p.m., while Spanish Prime Minister Pedro Sanchez declared a state of emergency that included curfews and travel bans.

As in other European countries, the new measures are a setback for the pandemic-hit service industry. They could also encourage some European economies to shrink again. The European Central Bank is projecting in September here that eurozone GDP will still increase in the fourth quarter, even in the event of a serious new outbreak. But economists at RBC now think the euro area will shrink a little. Their counterparts at Nomura expect economic results in the UK to contract in the next two quarters. The expected V-shaped recovery is starting to look more like W. (By Peter Thal Larsen)

PROMOTION FOR PUNTERS. British retail investors have the support of the London Stock Exchange. The stock exchange’s holding company on Monday said it was investing in financial technology startup PrimaryBid. The UK-based group provides a way for retail investors carrying smartphones to know about imminent cash calls by companies they own shares, enabling them to buy in if the company has made arrangements.

The solution proved popular during the pandemic as many under-funded companies rushed to raise capital quickly, bypassing the time-consuming process of offering retail shareholders the opportunity to buy. Companies including Ocado, Taylor Wimpey, William Hill, and Compass are using PrimaryBid to access smaller investors.

Monday’s $ 50 million funding round, which also includes Fidelity and ABN Amro Ventures, will help PrimaryBid grow further. But retail investors still need to be persuaded. Only 1% of Compass’ small shareholder participates in the catering group offering. LSE attestation will help. (By Karen Kwok)

Breakingview

Reuters Breakingviews is the world’s premier source of agenda-setting financial insights. As the Reuters brand for financial commentary, we dissect the big business and economic stories that are scattered around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides real-time expert analysis.

Register for our full service free trial at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and on www.breakingviews.com. All opinions expressed are those of the authors.

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Rugby: Bower opened the lid, Kirifi was called up to the New Zealand squad | Instant News


WELLINGTON (Reuters) – George Bower’s lidless crutch and freelance forward Du’Plessis Kirifi have been called up to the New Zealand Rugby Championship squad, the team said on Tuesday.

Bower and Kirifi were called in by coach Ian Foster to cover up Joe Moody’s possible absence due to a concussion, while Nepo Laulala and Ardie Savea will remain temporarily in New Zealand on paternity leave.

Lock Mitchell Dunshea and midfield defenders Ngani Laumape and Peter Umaga-Jensen, who were included in the squad as injury protectors during the two Bledisloe Cup tests against Australia, have been added to the squad.

The All Blacks’ first 36-man squad head to Sydney on Sunday for a brief Rugby Championship with Australia and Argentina after the Springboks world champions withdrew last week.

Savea and Laulala will join the team later.

Backs: Jordie Barrett, Caleb Clarke, Will Jordan, Damian McKenzie, Sevu Reece, Jack Goodhue, Rieko Ioane, Ngani Laumape, Anton Lienert-Brown, Peter Umaga-Jensen, Beauden Barrett, Richie Mo’unga, TJ Perenara, Aaron Smith, Brad Weber.

Forwards: Sam Cane, Shannon Frizell, Cullen Grace, Akira Ioane, Du’Plessis Kirifi, Dalton Papalii, Ardie Savea, Hoskins Sotutu, Scott Barrett, Mitchell Dunshea, Patrick Tuipulotu, Tupou Vaa’i, Samuel Whitelock, George Bower, Alex Hodgman , Nepo Laulala, Tyrel Lomax, Joe Moody, Karl Tu’inukuafe, Ofa Tuungafasi, Asafo Aumua, Dane Coles, Codie Taylor.

Reporting by Greg Stutchbury; Edited by Shri Navaratnam

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You must be aware of this new collaboration | Instant News


A very interesting collaboration was made this year between Adidas Originals and Lego. The collaborative product of this unequal partner is a colorful version of the ZX 8000 sneaker model, which has been enriched with classic Lego elements, such as the Lego bricks on the shoelaces or the famous core on the sole profile design. Why is Lego of all things? The brand wants to “explore new territory to talk to someone who isn’t familiar with the A-ZX,” according to streetwear magazine Hypebeast Adidas.
If there’s a prize for the most unusual collaboration, US-American Streetwear Brands The highest will be an obvious favorite. The first collaboration between Supreme and a swimming brand Speedo launched in the summer. The collaboration includes Supreme’s famous black and bright red silicone swim cap, as well as colorful swimming goggles. But there’s more to come: After Supreme folding chairs, goldfish bowls and oil cans, a few days ago came the Collaboration with Colgate. Brand fans can now brush their teeth with Supreme too.

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