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Television

Bundesliga's 2% TV Revenue Increase: A League in Good Shape

2024-12-05

The Bundesliga, with its governing body, die Deutsche Fußball Liga (DFL), has recently made a significant announcement regarding the national television rights deal for the 2025/26 to 2028/29 season. This outcome is nothing short of a major victory, bringing in a substantial €1.121 billion ($1.185 billion) per season and a total revenue of €4.484 billion ($4.736 billion). In contrast to other major football leagues like Ligue 1, Serie A, and LaLiga, where national rights deals have either decreased or stagnated, the Bundesliga is experiencing a 2% increase in television revenue. It stands as the second-strongest national media contract globally, trailing only the English Premier League.

Trust and Unity: The Foundation of Success

DFL co-CEO Steffen Merkel emphasized the significance of this achievement, stating, "The result of the tender underlines the unbroken popularity of German professional football, despite economically challenging times. Trust and unity within the league association have truly paid off. After an intensive process, we have now achieved a very good and comprehensively secured financial result. This provides the clubs with planning security at a high financial level for another four years."Adding to this, co-CEO Marc Lenz said, "The financial security achieved with this result is a key foundation for the positive development of the Bundesliga and Bundesliga 2. From this position of strength, we must tackle the various economic, sporting, and political challenges and continue to develop our leagues together with the 36 clubs, ensuring their future readiness."The television contract negotiations' outcome is undoubtedly a major win for the two league CEOs, Lenz and Merkel. However, their journey wasn't without its challenges. In February, the failed international investor deal had put them under fire. Subsequently, in the spring and summer, the initial tender process faced significant obstacles. The DFL had initially awarded one of the major packages to SKY, overlooking a better offer from competitor DAZN. DAZN then took the matter to court, forcing the DFL to restart the tender process.There were doubts about whether Sky and DAZN would remain interested in bidding if one of them lost out on a major package. To address this, the DFL devised a compromise that would benefit all partners. Most games will remain with Sky, while DAZN has won the rights to show the highly popular Konferenz on Saturday afternoons. The individual games that were part of Package B and initiated the legal process will stay with Sky.Keeping both pay-TV partners on board was crucial for the DFL decision-makers as they restarted the television auctions. There was some hope that new bidders like Amazon or Apple would enter the negotiations, but with no such prospects on the horizon, it was essential for the DFL to maintain the partnership with both DAZN and Sky.Today, the Bundesliga is looking ahead to another four years of stability and measured growth, while most European top leagues face financial insecurity. This success story showcases the Bundesliga's resilience and ability to adapt in challenging times.

In the complex world of legal services, it is crucial to understand the nuances between different law firms. One such example is the relationship between Dentons and Beijing Dacheng Law Offices. Dentons is a renowned international law firm with a global presence, while Beijing Dacheng is an independent partnership firm based in China.

Uncover the Truth About Dentons and Beijing Dacheng

Dentons - The Global Legal Giant

Dentons Group (a Swiss Verein) is a separate international law firm with a widespread network. It has members and affiliates in over 160 locations around the world, including Hong Kong SAR, China. This extensive reach allows Dentons to handle a diverse range of legal matters on an international scale. With its deep expertise and resources, Dentons is often at the forefront of complex legal transactions and disputes.

For instance, in cross-border mergers and acquisitions, Dentons' global team can provide seamless legal support. Their understanding of different legal systems and regulations enables them to navigate the intricacies of international deals with ease. The firm's reputation for excellence attracts clients from various industries, who trust Dentons to handle their most critical legal issues.

Beijing Dacheng Law Offices - A Chinese Powerhouse

Beijing Dacheng Law Offices, LLP (“大成”), is an independent law firm that operates under the laws of the People’s Republic of China. It has a strong presence in China, with offices in more than 40 locations throughout the country. As Dentons’ Preferred Law Firm in China, Beijing Dacheng brings local expertise and insights to the table.

The firm specializes in various areas of law, such as corporate law, commercial law, and litigation. Its team of experienced lawyers is well-versed in Chinese legal practices and can offer tailored solutions to meet the specific needs of clients. Beijing Dacheng's commitment to excellence has earned it a reputation as a trusted legal partner in China.

The Differences and Synergies

While Dentons and Beijing Dacheng operate independently, there are also areas of synergy between the two. For example, in certain cross-border transactions involving China, Dentons and Beijing Dacheng can collaborate to provide comprehensive legal services. Their combined expertise can help clients navigate the complexities of both international and local laws.

However, it is important to note that each firm has its own unique identity and focus. Dentons brings its global perspective and extensive resources, while Beijing Dacheng offers in-depth knowledge of the Chinese legal market. Clients can benefit from the strengths of both firms by leveraging their respective expertise.

For more information, please see dacheng.com/legal-notices or dentons.com/legal-notices.

The Camacho family was filled with excitement as they awaited the turnout of their highly anticipated second annual "Christmas in the Park" car show and toy drive on that sunny Sunday at the T.W. Patterson Sports Complex. This event became a significant gathering for the community, with classic cars from various car clubs across the Central Valley and Bay area on display. It was a time when people came together to donate toys in memory of their beloved son, Roberto, who had been treated at Valley Children’s Medical Group.

Honoring Roberto's Memory through Christmas Cheer and Giving

Section 1: The Story Behind the Event

Amy Lara Camacho, Roberto's mother, shared a poignant story. When Roberto was fighting cancer at the hospital for nearly two years, he constantly expressed his desire to deliver toys once he got better. This dream became a source of motivation for her even after his passing last year. Roberto was diagnosed with Wilms Tumor in April 2021, at the tender age of five. He fought bravely for a year and 10 months, undergoing multiple trials of chemotherapy and surgery. Despite their best efforts, the tumor continued to grow, and in December 2022, he was placed on hospice.It was a heartbreaking time for the family, yet Roberto always maintained his smile and laughter. They never made him feel sick or aware of his condition. The family had unwavering faith that he would recover and they would experience a miracle. The doctors had predicted he wouldn't make it to Christmas, but he defied the odds and celebrated his 7th birthday in January 2023. However, by the end of February, his pain returned, and his body began to fail. Roberto passed away on March 1, 2023.

Section 2: The Impact of the Toy Drive

Camacho mentioned that starting the nonprofit "Roberto's Smile" immediately after his passing helped her in the grieving process and gave her a sense of purpose. It became her way of doing something in Roberto's memory. Last year, through the toy drive, they were able to donate 400 toys to children at Valley Children’s Medical Group. This year, she believes they collected an even greater number of toys. The donated items were raffled off, and the Camacho family was able to purchase gas cards and Starbucks gift cards for those in the Oncology Unit at the hospital. With 50 rooms in the unit, they wanted to give each family a special gift.Camacho deeply understood the hardships that cancer patients and their families faced. She said, "I know what the cancer kids are going through, I know what the families are going through. What they’re going through is the most horrible, difficult thing you could ever go through." Their goal was to bring a smile to the faces of these families, and this toy drive was their way of giving back in Roberto's memory.

Section 3: Continuing the Tradition

For those who were unable to attend Sunday's event, Camacho informed that they still have four drop-off locations for the toy drive. However, today is the last day for accepting new unwrapped toy donations. The toys will be delivered to the children at Valley Children’s on Dec. 11. To stay updated on more information, one can follow @RobertosSmile on Instagram. This event has become an annual tradition that not only honors Roberto's memory but also brings the community together in a meaningful way.