Reliance's digital streaming platform has just thrown down another gauntlet at its international rivals. After streaming the Indian Premier League and a number of award-winning entertainment offering, mostly for free, JioCinema has announced its new subscription offering, ‘JioCinema Premium’ at a price point that is expected to cause massive market disruption.
Business Intelligence
Jul 23, 2020 18:07
BEAVERTON, Ore.: NIKE, Inc. announced a series of senior leadership changes Wednesday supporting the company's Consumer Direct Acceleration (CDA).
Jul 23, 2020 13:07
MUMBAI: Amazon-owned video game livestreaming platform Twitch has further extended its reach beyond the gaming space with the addition of a traditional sports category.
Kicking off its new vertical, Twitch announced a collaboration with four big league European football clubs: Real Madrid, Arsenal, Juventus, and Paris Saint-Germain.
The clubs will produce exclusive content on Twitch.
Jul 22, 2020 16:07
NEW YORK: The National Women’s Soccer League (NWSL) Tuesday announced that a majority woman-founded group led by Academy Award-winning actress and activist Natalie Portman, technology venture capitalist Kara Nortman, media and gaming entrepreneur Julie Uhrman, and tech entrepreneur and venture capitalist Alexis Ohanian who led the investment through his firm Initialized Capital, has secured the exclusive right to bring a pr
Jul 21, 2020 17:07
LAUSANNE: World Table Tennis (WTT), the new commercial arm of the International Table Tennis Federation, has announced four top-level professional partners, to "help elevate table tennis to the global sports elite".
After the recent unveiling of WTT’s strategic partnership with IMG, WTT has entered into collaborations with the following partners:
Jul 20, 2020 19:07
BEIJING: Wanda Sports Group Company Limited Monday announced that the Company has completed the previously announced sale of The IRONMAN Group to Advance, a private, family-owned business that invests in a broad range of media and technology companies, reflecting an enterprise value of $730 million (before closing adjustments).
It also announced changes in its board of directors.
Jul 20, 2020 17:07
MUMBAI: Fantasy sports platform Dream11, which had earlier this year been put on hold plans to raise $150-200 million in funding at a $2-2.2 billion valuation as a fallout of the COVID-19 pandemic and the resultant chaos around it, is back "at the table" as it were.
Jul 20, 2020 16:07
NEW DELHI: Twenty First Century Media, a full service sports marketing and management company for over three decades, has launched a full service esports marketing division – TCM eSports.
Jul 17, 2020 20:07
KOLKATA: Hero I-League club East Bengal FC on Friday received the No Objection Certificate (NOC) from its previous investor Quess Corp, thereby clearing the way for the Kolkata giants to submit the necessary documents to participate in the upcoming season's Hero I-League.
The NOC also allows the club to bring new investors on board.
Jul 17, 2020 20:07
LAUSANNE: Independently audited accounts of the Candidature Process for the Olympic Winter Games 2026 show the average budget was less than $5 million compared to approximately $35 million in the previous process for the Olympic Winter Games 2022.
Jul 16, 2020 17:07
LAUSANNE: The International Olympic Committee (IOC) has already supported the National Olympic Committees (NOCs) and International Federations (IFs) with around $100 million since the outbreak of the COVID-19 crisis.
To date and as needed, $63 million have been allocated to IFs and $37 million to NOCs.