• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

StarTimes faces winding up order in France for non-payment of French football TV rights

5 years ago
in Business, highlights, Home, home-news, latest News, Sports
1 min read
0 0
0
112
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Chinese-owned pay-television operator in sub-Saharan Africa, StarTimes, is facing the threat of a winding up order after failing to pay beIN Media Group for rights to French football’s Ligue 1, according to a GlobalData report.

GlobalData also says that the broadcaster, which is part of Hong Kong-based holding company, Century Sun, has delayed payments to other rights-holders, albeit these have not escalated to legal proceedings as yet.

StarTimes has been expanding its portfolio of top-tier football in recent years – in August last year it landed non-exclusive French language rights to Spanish football’s La Liga for four years, and other competitions it is showing in the 2020-21 season include Spain’s Copa del Rey, England’s FA Cup, Italy’s Coppa Italia and Europe’s UEFA Europa League and delayed 2020 European Championships.

However, it is the deal struck mid-way through 2018 for the English- and local-language rights to Ligue 1 and other French football properties in sub-Saharan Africa that has brought to light the financial difficulties facing the broadcaster.

Having failed to make any payments for those rights, StarTimes is currently in debt to beIN to the tune of $11 million, including interest, according to the court petition.

After the matter was taken to a court in Hong Kong, a new monthly payment plan instigated by StarTimes was agreed upon by the two parties prior to the start of the 2019-20 season, but StarTimes missed the first instalment due on October 1.

Talks between the two parties’ legal representatives since have failed to reach a conclusion, with beIN, which holds international Ligue 1 rights from 2018-19 to 2023-24, having now taken the decision to issue a winding up order on StarTimes.

RelatedPosts

Cedi Stability Remains Top Priority Amid Digital Asset Disruptions – BoG Governor

BoG Rolls Out Fresh FX Rules to Keep the Cedi Stable

Helicopter Crash Probe Reveals Weather, Safety Deficiencies Behind Fatal August 6 Air Force Disaster

Ghana

StarTimes has been a sponsor of Ghana’s Premier League, and the company is involved in Ghana’s embattled digital terrestrial transmission (DTT) implementation process, through which government wants to implement a conditional access (CA).

Industry players allege that the implementation of the CA would mean StarTimes and its assigns would remotely control the broadcasting space in the country, hiding behind a state structure.

Tags: England’s FA CupEurope’s UEFA Europa LeagueItaly’s Coppa ItaliaSpain’s Copa del ReyStarTimes
No Result
View All Result

Highlights

Ahlussunna Wal Jama’a (ASWAJ) Holds 16th National Representative Congress in Accra

Government Reduces Passport Application Fee to GHS350

DStv to Launch Dedicated SuperSport Channel for AFCON 2025

Telecel Group, Huawei Sign $70m MOU to Modernise Ghana’s Telecom Network

President Mahama Receives Report on August 6 Helicopter Tragedy

What Will it Take to Make Africa Food Secure? G20 Group Points to Trade, Resilient Supply Chains and Sustainable Farming

Trending

Banking & Finance

Cedi Stability Remains Top Priority Amid Digital Asset Disruptions – BoG Governor

November 11, 2025

Cedi Stability Remains Top Priority Amid Digital Asset Disruptions - BoG Governor The Governor of the Bank...

BoG Rolls Out Fresh FX Rules to Keep the Cedi Stable

November 11, 2025

Helicopter Crash Probe Reveals Weather, Safety Deficiencies Behind Fatal August 6 Air Force Disaster

November 11, 2025

Ahlussunna Wal Jama’a (ASWAJ) Holds 16th National Representative Congress in Accra

November 11, 2025

Government Reduces Passport Application Fee to GHS350

November 11, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.