8JJ Group Announces Launch of Innovative Digital Platform to Unite Cricket Fans Across South Asia Ahead of 2026 Season8JJ Group launches an innovative digital platform uniting cricket fans across South Asia, offering live match coverage, local-language news, and interactive games. 8JJ encourages engagement and fosters authentic community.December 12, 2025 9:52 PM EST | Source: PlentisoftColombo, Sri Lanka--(Newsfile Corp. - December 12, 2025) - 8JJ Group, a collective of innovators from India, ...

Shrinking advertising budgets, weaker TV profitability, and continuing streaming losses have forced broadcasters to reassess how much they can afford to pay. At the same time, industry consolidation —particularly the merger of Star India and Viacom18 — has reduced competition for major cricket properties. The long-running model where broadcasters absorb losses while rights owners and franchises gain “has run its course,” one executive said. The development marks a sharp contrast to the buoyant 2022- 23 cyc ...

Core Insights - The ICC is initiating a new sale process for India media rights for 2026-29, seeking approximately $2.4 billion, following a previous cycle valued at $3 billion for 2024-27 [1][24] - JioStar has indicated it cannot fulfill its media rights obligations due to significant financial losses, leading the ICC to approach other platforms like Sony, Netflix, and Amazon Prime Video, but interest has been limited due to pricing concerns [1][24] - The Indian market accounts for nearly 80% of ICC revenue, highlighting its critical importance to the sport's financial ecosystem [9][24] Financial Performance - JioStar has more than doubled its provisions for expected losses on sports contracts to ₹25,760 crore for 2024-25, up from ₹12,319 crore the previous year, reflecting the financial strain from long-term sports rights [5][24] - Star India reported a standalone net loss of ₹12,548 crore for the year ending March 31, 2024, primarily due to provisions related to its ICC media rights deal [6][24] - Despite JioStar's losses, the ICC reported a surplus of $474 million in 2024, indicating strong economic fundamentals for cricket [7][24] Market Dynamics - The asking price for ICC media rights remains high, deterring established players like SPNI, which has adopted a conservative approach to cricket rights [10][24] - The ban on real-money gaming has created a significant revenue gap of approximately $840 million (₹7,000 crore) for cricket advertising, further complicating the financial landscape [11][24] - The merger of Star India and Viacom18 into JioStar has resulted in a duopoly in sports broadcasting, limiting options for rights holders like the ICC [17][24] Valuation Concerns - Initial valuations for ICC rights have been viewed as disconnected from market benchmarks, with SPNI bidding around $1.4 billion and Viacom18 approximately $1 billion for combined rights [19][24] - JioStar's financial burden has increased to about $3.3 billion due to rising dollar rates and rupee depreciation, as ICC payments are dollar-denominated [21][25] - Global spending on sports rights is projected to exceed $78 billion by 2030, with Asian spending expected to rise significantly, driven in part by Indian cricket [22][25]

Comcast (NasdaqGS:CMCSA) 2025 Investor Day December 04, 2025 01:00 PM ET Company ParticipantsKC Sullivan - PresidentVal Boreland - President of EntertainmentMatt Hong - PresidentNone - Video NarratorAnand Kini - CFO and COODavid Cho - Editor in ChiefWylie Collins - EVP Investor Relations and TreasuryJulia Boorstin - Senior Media and Tech ReporterOperatorPlease welcome Wylie Collins, EVP Investor Relations and Treasury.Wylie CollinsWelcome. Good afternoon, and thank you for joining us for Versant's inaugural ...

FORT WORTH, Texas, Nov. 25, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (Nasdaq: SEGG, LTRYW) (“SEGG Media” or the “Company”) today announces it has now surpassed 102 million views across all platforms, marking one of the most significant audience milestones in the Company’s history and underscoring the explosive momentum behind its rebuilt media ecosystem, creator network, and rapidly expanding global footprint. This growth has been driven by surging interest in Racing Women, the Kerala Super League, a ...

Core Insights - Major League Baseball (MLB) has announced a new three-year media rights agreement with ESPN, NBC, and Netflix, which will begin in the 2026 season and is seen as a precursor to a more significant deal expected in 2028 [1][4]. Group 1: New Media Rights Agreement - ESPN opted out of its "Sunday Night Baseball" package earlier this year and has now acquired rights to MLB.TV and a midweek game package [2]. - NBC Sports will take over the Sunday Night games, while Netflix will host the next three Home Run Derbies [2][10]. - MLB Commissioner Rob Manfred stated that the new agreements provide an opportunity to expand the league's reach through powerful platforms for live sports and entertainment [3]. Group 2: Financial Implications - MLB is experiencing a revenue reduction of approximately $300 million per year compared to previous ESPN payments, with NBC paying around $200 million annually and Netflix contributing about $50 million for the Home Run Derby [5]. - The average viewership for ESPN's Sunday Night Baseball was 1.8 million viewers last season, indicating a need for MLB to innovate in packaging games for future deals to sustain media revenue growth [6]. Group 3: Future Prospects - The new agreements allow ESPN to sell and distribute MLB.TV through its app, along with a new 30-game midweek package [8]. - NBC will broadcast MLB, NBA, and NFL games on Sundays, and will also carry the entire Wild Card round of MLB games [10]. - Netflix will have exclusive rights to a singular game on Opening Night for the next three seasons and will deliver all 47 games of the 2026 World Baseball Classic to its audience in Japan [10].

Core Viewpoint - SEGG Media Corporation is enhancing its commercial outreach strategy by placing full-page advertisements in seven prominent NBA team yearbooks for the 2025/26 season, following a similar campaign in the NFL [1][3]. Group 1: Advertising Strategy - The advertisements will be featured in yearbooks for iconic NBA franchises including the Boston Celtics, Chicago Bulls, Golden State Warriors, Houston Rockets, Los Angeles Lakers, Miami Heat, and New York Knicks [2]. - This initiative is part of SEGG Media's broader strategy to increase brand visibility within major U.S. sports leagues, specifically targeting both NFL and NBA audiences [3][4]. Group 2: Company Vision and Future Plans - SEGG Media aims to position Sports.com as a leader in fan engagement and immersive content within the global basketball arena, with plans to develop sponsorships, streaming partnerships, and academy programs [4]. - The company is also focused on creating behind-the-scenes content and fan engagement activities for 2026, which are expected to enhance brand reach and shareholder value [4]. Group 3: Company Overview - SEGG Media Corporation is a global sports, entertainment, and gaming group that integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and AI-driven live experiences [5].

Core Insights - SEGG Media Corporation has announced a new agreement to place full-page advertisements in seven NBA team yearbooks for the 2025/26 season, enhancing its commercial outreach strategy [1][2] - This initiative follows a successful NFL yearbook campaign, indicating SEGG Media's commitment to embedding the Sports.com brand within the U.S. sports landscape [3][4] - The company aims to expand its presence in basketball through various initiatives, including sponsorships, streaming partnerships, and academy programs, aligning with its mission to lead in fan engagement and immersive content [4] Company Strategy - The placements will feature high-visibility coverage with iconic NBA franchises such as the Boston Celtics, Chicago Bulls, and Los Angeles Lakers, among others [2] - SEGG Media's Chairman, Matthew McGahan, emphasized the importance of brand visibility within valuable sports ecosystems, highlighting the company's focus on expanding into basketball [4] - The company is also developing behind-the-scenes content and fan engagement activations for 2026, aimed at extending brand reach across multiple leagues [4] Industry Positioning - SEGG Media is positioning itself as a significant player in the sports, entertainment, and gaming sectors, with a focus on integrating traditional assets with blockchain innovation [5] - The company operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, aimed at redefining audience interaction with content [5] - By executing brand placements in major sports leagues like the NFL and NBA, SEGG Media is working towards becoming one of the most visible brands listed on NASDAQ [4]

Core Insights - Sports.com has been confirmed as the Title Sponsor for Soccerex Miami 2025, scheduled for November 12-13, 2025, at the Miami Beach Convention Center [1][11] - A senior delegation from SEGG Media, including its Chairman, President & CEO Matthew McGahan, will attend the event alongside key figures from Sports.com [2] - The event will feature prominent branding for Sports.com, enhancing its visibility and recognition within the global football community [3] Global Branding and Presence - The Sports.com logo will be prominently displayed throughout the Miami venue, including stage branding and signage, ensuring high visibility to attendees [3] - This sponsorship marks the flagship event for Sports.com in 2025, following successful partnerships in Istanbul and Amsterdam earlier in the year [4][5] Event Significance - Soccerex Miami 2025 will gather representatives from elite football clubs and global leaders in the sport, focusing on key topics such as club ownership, data & AI, women's football, and fan engagement [6][7] - The event aims to shape the roadmap toward the 2026 FIFA World Cup, bringing together top executives, investors, and innovators in the football industry [7] Strategic Partnerships - Majed Al-Sarour, President of Sports.com, emphasized the importance of the partnership with Soccerex Miami in uniting the global football community through innovation and technology [8] - Matthew McGahan highlighted the partnership as a milestone for SEGG Media in bridging sports, entertainment, and technology on a global scale [8] Company Overview - SEGG Media Corporation is a global sports, entertainment, and gaming group that integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and AI-driven experiences [9] - Sports.com serves as SEGG Media's flagship global sports media platform, connecting fans, athletes, and brands through live events and original content [10]

Sportradar Group (NasdaqGS:SRAD) Q3 2025 Earnings Call November 05, 2025 08:30 AM ET Speaker1Ladies and gentlemen, thank you for joining us and welcome to Sportradar Group's third quarter earnings call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please raise your hand. If you have dialed in to today's call, please press Star nine to raise your hand and Star six to unmute. I will now hand the conference over to Jim Bombassei, Senior Vice P ...