At Least Four UK Nets Lining Up To Bid For FA Cup Rights
A bidding war reportedly is gearing up in the UK for TV rights to soccer tournament the FA Cup for the three seasons to 2017-18. Financial Times reports that BT, ITV, BSkyB and the BBC are entering bids. BT and ITV currently share rights to the FA Cup until the end of the 2013-14 season. FT says analysts predict that having all four in the ring could significantly push up the cost of the rights. In January 2012, ITV acquired free-to-air broadcast rights for 16 FA Cup games per season, along with some of England’s home qualifying games, for an annual cost of £43M. But the BBC is understood to be concerned about its lack of live soccer during the regular season. BT and BSkyB are still expected to be the most aggressive bidders.
Shanghai Now Second-Biggest Box Office Among Chinese Cities
Shanghai box office has become the second biggest of all mainland Chinese cities and is expected to continue to grow rapidly in the next few years, spurred on by investment from U.S. studios Disney and DreamWorks, according to a study by Artisan Gateway. In 2012, Shanghai’s box office was $214.2 million, a 22.2% year-on-year growth. The city, regarded as the birthplace of Chinese cinema, has 122 movie theaters, just two more than the No. 1 Beijing market. The U.S. Consulate, which sponsored the study, said it plans to contribute more to protecting IP rights, Shanghai Daily reported. (more…)