Sky has agreed to sell a controlling stake in its online betting and gaming business, Sky Bet, to CVC Capital Partners in a deal which values Sky Bet at £800 million.
Constantin Medien sets new hopes on Sport1
German media company Constantin Medien expects its sports business to grow again.
Malone and Discovery racing for F1 stake
John Malone and Discovery Communications are in talks to acquire a 49% stake in Formula One, according to a New York Post report.