SABC in last-minute 2023 Rugby World Cup deal with MultiChoice
The public-service South African broadcaster is, however, unhappy with the terms of the agreement with MultiChoice and SuperSport.
Alex Donaldson September 08 2023
08 September 2023
08 September 2023
The public-service South African broadcaster is, however, unhappy with the terms of the agreement with MultiChoice and SuperSport.
Alex Donaldson September 08 2023
The deal will see the broadcaster cover a range of ATP Tour events, including the season-ending ATP Finals.
Artemis has secured the stake previously held by global investment company TPG since 2010.
The deal has been struck by Viacom18 with Football Sports Development Limited, the league’s organizer.
The next edition will be the fifth in the competition’s history to follow the co-hosting formula approved in 2015.
The fund has been backed by several sports stars from across soccer and F1.
The organization returned to financial normality after the huge revenue increase caused by the Tokyo games in 2021.
The online fantasy offering marks the first such game ever created for a rugby union World Cup.
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Engagement with the payments sector is not a new trend for sports rights holders, considering the year 2023, the sector remains one of the most profitable partners to the sports industry, with close to $2.5 billion commitment through 1385 active partnerships. Soccer is the primary recipient of the payment sector's $2.5 billion commitment to the sports industry in 2023, with soccer deals accounting for over 30% of total payment sponsorship value. Some of the largest payment sector companies, such as MasterCard and Visa, are at the forefront of sports sponsorship, aligning with popular sports entities to boost customer preference and increase their market share globally.
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