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Qatar's BeIN renews UEFA soccer broadcast rights for three years

By Reuters Staff
2 Min Read
DUBAI (Reuters) - Qatar’s BeIN Media Group on Thursday said it had retained exclusive television rights to broadcast the Champions League, Europa League and other UEFA competitions across the Middle East and North Africa for a further three years.
BeIN would also continue to broadcast the UEFA Europa Conference League and had won the rights to show the UEFA Women’s Champions League in Arabic, English and French in 24 countries across the region, it said in a statement.
The value of the contract, which runs until 2024, was not given. Bloomberg reported BeIN had paid about $600 million for the rights, citing a source it did not identify.

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Australian shares slide on rising COVID-19 cases; tech stocks drag

Australian stocks slid on Tuesday as rising COVID-19 cases in the state of Victoria dented sentiment, with investors eyeing a rate decision by the country's central bank later in the day.

Australia , Japan , New-zealand , Bengaluru , Karnataka , India , Australian , Google , Thomson-reuters-trust-principles , Newcrest-mining-ltd , Rio-tinto

CNN drops former senator Rick Santorum after remarks on Native American culture

Former Republican U.S. senator Rick Santorum has been dropped as a senior political commentator by CNN after remarks he made about Native American culture drew criticism.

United-states , Bengaluru , Karnataka , India , Americans , America , American , Elaine-hardcastle , Chris-cuomo , Kanishka-singh , Rick-santorum , Thomson-reuters-trust-principles

CORRECTED-UPDATE 2-Bouygues ups telecoms guidance, signals more investments

French conglomerate Bouygues posted a smaller than expected first-quarter core loss on Thursday and raised the full-year earnings guidance for its telecoms business, helped by market share gains in mobile and fixed services.

Germany , United-states , France , French , America , Pawel-goraj , Mark-potter , Juliette-portala , Pascal-grange , Christian-lecoq , Olivier-roussat , Thomson-reuters-trust-principles

UPDATE 1-Mediaset shares hit 17-month high on hopes of Vivendi deal

By Reuters Staff
(Adds comments from sources, updates shares)
MILAN, April 29 (Reuters) - Vivendi and Mediaset are working on the terms of a possible deal to end their years-long legal war, two sources close to the matter said on Thursday, as shares in the Italian broadcaster hit a 17-month high on the prospect of a truce.
The two media companies have been at loggerheads since 2016, when Vivendi walked away from a pay-TV deal and then built a 29% stake in Mediaset, which the Milanese group considers hostile.
A settlement with Vivendi would help Mediaset to pursue a plan it unveiled on Monday to move its legal headquarters to the Netherlands making it easier to build alliances with peers across Europe.

Milanese , Calabria , Italy , Milan , Lombardia , Netherlands , Paris , France-general , France , French , Italian , Gwenelle-barzic

MultiChoice's Showmax invests in African content for growth

3 Min Read
NAIROBI (Reuters) - MultiChoice’s online streaming platform Showmax is investing in producing its own local content for African audiences as it competes for their attention against Netflix on the continent, a senior executive told Reuters.
Yolisa Phahle, MultiChoice Group CEO for General Entertainment and Connected Video is seen in this handout picture taken on October 21, 2014. Sean Brand/Showmax/Handout via REUTERS
MultiChoice is Africa’s largest pay-TV group, available in 50 African countries. Its streaming service Showmax, launched in 2015, is available in 46 African countries and also in several Western countries, including Britain and France, which have sizeable African diaspora populations.

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Mexico's Televisa says to merge content with Univision in new media company

3 Min Read
MEXICO CITY (Reuters) -Grupo Televisa, Mexico’s largest broadcaster, will combine content with U.S. broadcaster Univision for the creation of a new Spanish-language media company with plans to launch a global streaming platform, Televisa said on Tuesday.
FILE PHOTO: A technician holds a microphone of Mexican broadcaster Televisa before a soccer match at Universitario stadium in San Nicolas de los Garza, on the outskirts of Monterrey, Mexico May 3, 2018. Picture taken May 3, 2018. REUTERS/Daniel Becerril
The new company, called Televisa Univision, will feature content from both broadcasters, including series, movies, sports and signature soap operas known as “telenovelas,” Televisa said, adding that it will be the “largest Spanish-language media company in the world.”

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Lachlan Murdoch to end Australia stay and return for Fox US reopening

Slideshow ( 2 images )
SYDNEY (Reuters) - Fox Corp chief executive Lachlan Murdoch will return to the United States from a months-long Australian sojourn in early September, a spokesman told Reuters on Wednesday.
Murdoch, who also co-chairs publisher News Corp with his father Rupert Murdoch, moved with his family to Sydney last month, joining a host of high profile people who have opted to ride out the coronavirus pandemic in relatively unaffected Australia.
Spokesman John Connolly said Murdoch, who is also Fox’s executive chairman, would return to Los Angeles in early September to reopen the company’s operational head office there “and will go back to working and living in the U.S.”

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Lachlan Murdoch to end Australia stay and return for Fox U.S. reopening

Slideshow ( 2 images )
SYDNEY (Reuters) - Fox Corp chief executive Lachlan Murdoch will return to the United States from a months-long Australian sojourn in early September, a spokesman told Reuters on Wednesday.
Murdoch, who also co-chairs publisher News Corp with his father Rupert Murdoch, moved with his family to Sydney last month, joining a host of high profile people who have opted to ride out the coronavirus pandemic in relatively unaffected Australia.
Spokesman John Connolly said Murdoch, who is also Fox’s executive chairman, would return to Los Angeles in early September to reopen the company’s operational head office there “and will go back to working and living in the U.S.”

New-york , United-states , Australia , Sydney , New-south-wales , Australian , Los-angeles , John-connolly , Jane-wardell , Lachlan-murdoch , Byron-kaye , Rupert-murdoch

Credit Suisse still unloading Discovery shares after Archegos-related loss - CNBC

By Reuters Staff
1 Min Read
FILE PHOTO: Switzerland's national flag flies below a logo of Swiss bank Credit Suisse at its headquarters at the Paradeplatz square in Zurich, July 31, 2019. REUTERS/Arnd Wiegmann/File Photo
(Reuters) - Credit Suisse Group AG is still unloading its positions in media company Discovery Inc after losses relating to Archegos Capital Management, CNBC reported on Tuesday, citing traders.
Archegos, a New York investment fund run by ex-Tiger Asia manager Bill Hwang, collapsed last month when its debt-laden bets on media companies including ViacomCBS unraveled.
Credit Suisse and other global banks, which acted as brokers for Archegos, have scrambled to sell the shares they held as collateral and unwind the trades.

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