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RTL Reduces Commercial Prizes For F1 Broadcasts Amid Declining Ratings

Published in SportsBusiness Daily Global on 02 / 02 / 15

German free-to-air TV channel RTL "has reduced its commercial prizes for the upcoming F1 season," according to Sidney Schering of QUOTENMETER. IP Deutschland, RTL's commercial partner, "has reduced the prizes for TV commercials during F1 broadcasts due to declining ratings." A 30-second split screen...

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Tags: Media, Europe

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01/30/15
Russia To Cut Budget For 2018 World Cup

Russian Sports Minister Vitaly Mutko said that the country "will cut the budget for hosting the 2018 World Cup as part of plans to slash state expenditure while recession looms," according to the AP. The Russian government is cutting its spending by 10% across the board after the central bank "predi ...

Tags: Events and Attractions, Russia

01/27/15
Workers Leaving Zenit Construction Site

As the ruble continues to lose its value, migrant workers are fleeing the construction site of Zenit Arena, Russia's most expensive football stadium, again raising concerns about the project's timely completion. Mikhail Demidenko, chairman of the construction committee at St Petersburg's City Hall, ...

Tags: Facilities, Russia

01/23/15
Russian Clubs In Crisis Over Ruble

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Tags: Finance, Russia

01/23/15
Stadium Costs Similar In Russia, Europe

A comparison of stadium build costs for five of the Russian stadia for the 2018 World Cup, against the cost of football stadiums across Europe, has found that the Russian stadia are coming in at a "comparatively equal cost and half the price of London's Wembley Stadium on a cost per seat basis," acc ...

Tags: Facilities, Russia

01/21/15
Russia Misses Deadline To Pay Capello

The latest deadline against the Russian Football Union to pay national coach Fabio Capello has "passed without action," according to the AP. Capello last received his wages in June "amid financial problems at the RFU," and Russian authorities set a deadline of Monday for him to be paid before pursui ...

Tags: International Football, Russia

01/14/15
Darya Klishina Partners With Skullcandy

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Tags: Marketing and Sponsorship, Russia

12/31/14
Russia WC Constructors Find WWII Bombs

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Tags: Facilities, Russia

12/30/14
UFC To Continue Growing Global Brand

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Tags: Leagues and Governing Bodies, Asia, South America, Russia

12/30/14
RFU 'Close' To Paying Fabio Capello

The Russian Football Union said that it "is close to paying the national football coach, Fabio Capello, who last received his salary six months ago," according to the AP. Hit by "financial problems," the RFU has been "unable to meet" Capello's reported £6.8M ($10.6M) salary but RFU President N ...

Tags: International Football, Russia

12/30/14
Tinkoff-Saxo Owner Warns Of Team's Demise

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