Now, MP & Silva loses out Copa Libertadores, Copa Sudamericana media right

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Facing major financial crisis MP & Silva has lost out on its yet another media rights property – the twin rights of Copa Libertadores and Copa Sudamericana.

The global media rights business company has informed all the broadcasters that with immediate effect it will not be distributing the Copa Libertadores or Copa Sudamericana media rights. The broadcasters, who had syndicated the Copa Libertadores or Copa Sudamericana media rights from MP & Silva, has been advised to contract another company FSA Media Pty Ltd directly for satellite parameters and broadcast details for Copa Libertadores and Copa Sudamericana match.

The email to the broadcasters and sub-licensors is sent by MP & Silva Global Head of Production and Distribution, James Clarke.

Also read: Another blow to MP & Silva, now IHF terminates media rights contract

“MP & Silva will not distribute parameters for the Copa Libertadores or Copa Sudamericana matches for the remainder of the 2018 competitions,” states the email. The company yesterday had seen International Handball Federation terminating its media rights contract.

MP & Silva had been distributing the Copa Libertadores, Copa Sudamericana and Copa do Brazil media rights in Asia since 2015. The deal was to run through the 2018 season.  The company had acquired the rights from Traffic Sports in a negotiation assisted by FSA Media. The failure to honour the commercial commitments has led to the control going back to FSA Media.

The deal covered all territories in the Asia-Pacific region, excluding China for which MP & Silva held English language rights, on all platforms and devices.

Also Read: Scottish Professional Football League terminates MP & Silva contract for unpaid rights fee