BT is reportedly in advanced talks to sell its 50% stake in TNT Sports to joint venture partner Warner Bros Discovery, according to a report in The Financial Times.
The report said a deal could be announced this week, when BT is set to unveil its annual results, depending on how negotiations progress.
.jpg)
The two companies formed a sports broadcasting joint venture back in 2022, with TNT Sports replacing BT Sport the following year.
As part of the joint-venture agreement, Warner Bros Discovery has the right to buy out BT before the end of 2026.
Warner Bros Discovery is preparing for the launch of its HBO Max streaming service in the UK next year.
Sports will be a key offering for enticing subscribers to the streaming service alongside HBO series such as Succession, The White Lotus and the new Harry Potter series.
TNT channels have rights to some exclusive Premier League football games and
UEFA Champions League and Premiership rugby.
.jpg)
BSC Expo: “AI is a real b*****d to work with”
The annual British Society of Cinematographers (BSC) Expo returned to the Evolution Centre in Battersea, London, this weekend, attracting key professionals across the production industry with its packed seminar schedule and frank discussions on the future of the film industry.
John Gore Studios acquires AI production specialist Deep Fusion
UK-based film and TV group John Gore Studios has acquired AI specialist production company Deep Fusion Films.
Sky to offer Netflix, Disney+, HBO Max, and Hayu in one subscription
Sky has announced "world-first" plans to bring together several leading streaming platforms as part a single TV subscription package.
Creative UK names Emily Cloke as Chief Executive
Creative UK has appointed former diplomat Emily Cloke as its new Chief Executive.
Rise launches Elevate programme for broadcast leaders
Rise has launched the Elevate programme, a six-week leadership course designed to fast-track the careers of mid-level women working across broadcast media technology.
