![ESPN to sell stake in Star Sports to News Corp](https://cdn.i.haymarketmedia.asia/?n=campaign-asia%2fcontent%2fESPN-Star+Sports.jpg&h=570&w=855&q=100&v=20170226&c=1)
The transaction gives News Corp full ownership while "providing ESPN more independence and flexibility in future support of The Walt Disney Company’s overall efforts in Asia", according to a statement.
ASIA-PACIFIC - ESPN and News Corp have announced a definitive agreement under which ESPN will sell its 50 per cent stake in ESPN Star Sports (ESS) to a unit of News Corp, ending a 16-year partnership.
The transaction gives News Corp full ownership while "providing ESPN more independence and flexibility in future support of The Walt Disney Company’s overall efforts in Asia", according to a statement.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins
This week, I speak to APAC tech leaders about OpenAI's new SearchGPT. Plus, I look at Singapore-based Qoo10's unfolding crisis, and Chinese tech at the Olympics, among other tech headlines in the region.
Amazon's latest earnings report reveals strong advertising growth, but looming economic concerns and distractions like major global events temper the outlook for the coming quarter.
A new-gen CMO, Flint is driving tactical changes at Mandarin Oriental while elevating the luxury brand through innovative campaigns and centralised branding efforts.
Shopee continues its dominance in the region, this time topping the Malaysia list in 2024. See which brands are challenging to move up the rankings in Campaign's research in partnership with Milieu Insight.