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                            <title><![CDATA[ Latest from Next TV in Bein ]]></title>
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                                                            <title><![CDATA[ Sports Broadcaster BeIN Scores in WTO ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/sports-broadcaster-bein-scores-wto</link>
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                            <![CDATA[ Sports Broadcaster BeIN Scores in WTO ]]>
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                                                                        <pubDate>Tue, 16 Jun 2020 20:01:22 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Policy]]></category>
                                                                                                <author><![CDATA[ john.eggerton@futurenet.com (John Eggerton) ]]></author>                    <dc:creator><![CDATA[ John Eggerton ]]></dc:creator>                                                                                    <dc:source><![CDATA[ http://cdn.mos.cms.futurecdn.net/ETjt8sjZcQr97v7yakQ4hP.jpg ]]></dc:source>
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                                <p>Qatar-based sports broadcaster beIN Media Group has won a victory at the WTO in its efforts to protect transmissions of major soccer league action.</p><figure class="van-image-figure pull-" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' ><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="pLrpSxeJgfKDSiBvkJBdbn" name="" alt="" src="https://cdn.mos.cms.futurecdn.net/pLrpSxeJgfKDSiBvkJBdbn.jpg" mos="https://cdn.mos.cms.futurecdn.net/pLrpSxeJgfKDSiBvkJBdbn.jpg" align="" fullscreen="" width="" height="" attribution="" endorsement="" class="pull-"></p></div></div></figure><p><a href="https://www.wto.org/english/tratop_e/dispu_e/567r_e.pdf">The World Trade Organization has concluded</a> that Saudi Arabia has been "directly or indirectly...preventing beIN from obtaining Saudi legal counsel to enforce its IP rights through civil enforcement procedures before Saudi courts and tribunals."</p><p>That came in a report following a year-and-a-half of study of the allegations leveled by beIN, including declarations in support of the allegations by Premier League, FIFA, UEFA, LaLiga, Bundesliga and others.</p><p>Related: BeIN Launches Website Targeting Saudi Arabia Net</p><p>“Today’s WTO ruling is a historic vindication of intellectual property rights. The decision is founded on rules that 164 nations have agreed to apply," said Stephen Nathan QC, Blackstone Chambers, counsel for beIN Media Group. "The WTO has established that, since 2017, the Saudi government has played a central role in enabling and promoting beoutQ’s theft of world sport and entertainment – the most widespread and damaging piracy operations that the world has ever seen. Saudi Arabia’s breach of international law is clearly established; the damage to the Premier League, other rights-holders and broadcasters has been colossal and it has been brought about by Saudi Arabia’s promotion and support for the beoutQ piracy, coupled with its abstention from taking any meaningful steps to stamp it out as the WTO panel has held.”</p><p>BeIN has argued that Saudi Arabia-based network beoutQ "consistently steals content from both international leagues and networks for illegal broadcasts."</p><p>BeIN says that since the network's launch in 2017, beoutQ has illegally broadcast billions of dollars worth of entertainment content. The site was launched following the WTO's agreement to consider Qatar's claim that Saudi Arabia has failed to provide "adequate protection" for intellectual property rights, particularly those of Qatari-based entities like beIN.</p><p>Then there are the IPTV apps, which beoutQ set-tops use to stream pirated movies and TV shows, says beIN.</p><p>Saudi Arabia has countered that it regretted Qatar's request to WTO and that it "diligently protects the legitimate rights of all IP owners properly registered in Saudi Arabia." It also said that given the severing of diplomatic ties, WTO dispute resolution is impossible given the need to protect its security interests.</p><p>"[We agree] with the WTO panel’s recommendations and demands that KSA takes the necessary steps in order that it conforms to its obligations under the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement with immediate effect in order to protect legitimate media rights partners, such as BeIN, and also football itself," said FIFA in a statement. "The WTO panel’s recommendations are clear and piracy of football matches is an illegal activity and will not be tolerated on any level."</p>
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                                                            <title><![CDATA[ Sports Broadcaster BeIN Scores in WTO ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/sports-broadcaster-bein-scores-in-wto</link>
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                            <![CDATA[ Qatar-based sports broadcaster beIN Media Group has won a victory at the WTO in its efforts to protect transmissions of major soccer league action. ]]>
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                                                                        <pubDate>Tue, 16 Jun 2020 19:55:06 +0000</pubDate>                                                                                                                                <updated>Wed, 17 Jun 2020 01:18:45 +0000</updated>
                                                                                                                                            <category><![CDATA[Policy]]></category>
                                                                                                <author><![CDATA[ john.eggerton@futurenet.com (John Eggerton) ]]></author>                    <dc:creator><![CDATA[ John Eggerton ]]></dc:creator>                                                                                    <dc:source><![CDATA[ http://cdn.mos.cms.futurecdn.net/ETjt8sjZcQr97v7yakQ4hP.jpg ]]></dc:source>
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                                <p>Qatar-based sports broadcaster beIN Media Group has won a victory at the WTO in its efforts to protect transmissions of major soccer league action.</p><figure class="van-image-figure pull-left" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' style="max-width:2000px;"><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="cCUrk5qkyroE8EytKiJsvn" name="bein-sports_logo_16x9.jpg" alt="" src="https://cdn.mos.cms.futurecdn.net/cCUrk5qkyroE8EytKiJsvn.jpg" mos="" align="left" fullscreen="" width="2000" height="1125" attribution="" endorsement="" class="pull-left"></p></div></div><figcaption itemprop="caption description" class="pull-left"><span class="credit" itemprop="copyrightHolder">(Image credit: beIN Sports)</span></figcaption></figure><p><a href="https://www.wto.org/english/tratop_e/dispu_e/567r_e.pdf">The World Trade Organization has concluded</a> that Saudi Arabia has been "directly or indirectly...preventing beIN from obtaining Saudi legal counsel to enforce its IP rights through civil enforcement procedures before Saudi courts and tribunals."</p><p>That came in a report following a year-and-a-half of study of the allegations leveled by beIN, including declarations in support of the allegations by Premier League, FIFA, UEFA, LaLiga, Bundesliga and others.</p><p><a href="https://www.multichannel.com/news/bein-launches-web-site-targeting-alleged-massive-tv-web-pirate">Related: BeIN Launches Website Targeting Saudi Arabia Net</a></p><p>“Today’s WTO ruling is a historic vindication of intellectual property rights. The decision is founded on rules that 164 nations have agreed to apply," said Stephen Nathan QC, Blackstone Chambers, counsel for beIN Media Group. "The WTO has established that, since 2017, the Saudi government has played a central role in enabling and promoting beoutQ’s theft of world sport and entertainment – the most widespread and damaging piracy operations that the world has ever seen. Saudi Arabia’s breach of international law is clearly established; the damage to the Premier League, other rights-holders and broadcasters has been colossal and it has been brought about by Saudi Arabia’s promotion and support for the beoutQ piracy, coupled with its abstention from taking any meaningful steps to stamp it out as the WTO panel has held.”</p><p>BeIN has argued that Saudi Arabia-based network beoutQ "consistently steals content from both international leagues and networks for illegal broadcasts."</p><p>BeIN says that since the network&apos;s launch in 2017, beoutQ has illegally broadcast billions of dollars worth of entertainment content. The site was launched following the WTO&apos;s agreement to consider Qatar&apos;s claim that Saudi Arabia has failed to provide "adequate protection" for intellectual property rights, particularly those of Qatari-based entities like beIN.</p><p>Then there are the IPTV apps, which beoutQ set-tops use to stream pirated movies and TV shows, says beIN.</p><p>Saudi Arabia has countered that it regretted Qatar&apos;s request to WTO and that it "diligently protects the legitimate rights of all IP owners properly registered in Saudi Arabia." It also said that given the severing of diplomatic ties, WTO dispute resolution is impossible given the need to protect its security interests.</p><p>"[We agree] with the WTO panel’s recommendations and demands that KSA takes the necessary steps in order that it conforms to its obligations under the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement with immediate effect in order to protect legitimate media rights partners, such as BeIN, and also football itself," said FIFA in a statement. "The WTO panel’s recommendations are clear and piracy of football matches is an illegal activity and will not be tolerated on any level."</p>
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                                                            <title><![CDATA[ ViacomCBS, BeIN Media Complete Miramax Deal ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/viacomcbs-bein-media-complete-miramax-deal</link>
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                            <![CDATA[ ViacomCBS, BeIN Media Complete Miramax Deal ]]>
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                                                                        <pubDate>Fri, 03 Apr 2020 17:05:56 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Business]]></category>
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                                                                                                                    <dc:creator><![CDATA[ Mike Farrell ]]></dc:creator>                                                                                                        <dc:description><![CDATA[ null ]]></dc:description>
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                                <p>ViacomCBS said it has completed the purchase of a 49% interest in movie and television studio Miramax from beIN Media Group for about $375 million.</p><p>ViacomCBS first announced the deal in December. BeIn Media retains a 51% interest in the studio. The Miramax leadership team will remain intact and in their current roles.</p><p>According to ViacomCBS, it paid about $150 million at closing and has committed to invest $225 million ($45 million annually over the next five years) to be used for new film and television productions and working capital.</p><p>In addition, ViacomCBS’s Paramount Pictures entered into an exclusive, long-term distribution agreement for Miramax’s film library. Paramount also has an exclusive, long-term first-look agreement allowing it to develop, produce, finance and distribute new film and television projects based on Miramax’s intellectual property.</p><p>“This represents a major investment in and endorsement of our thriving Miramax business, which has grown in value under beIN Media Group’s ownership and has a fantastic future ahead with major new movies and unexploited premium dramas," beIN Media Group chairman Nasser Al-Khelaifi said in a statement. "We are thrilled to partner with ViacomCBS and Paramount to explore further opportunities around Miramax’s iconic IP, and also at Group level; while substantially increasing the scale of our entertainment business. This deal further underlines beIN’s ambitions on the global stage – we are very proud to have established ourselves as one of the leading groups in sport, entertainment and media.”</p><p>Moelis & Company served as exclusive financial advisor to beIN, while Skadden, Arps, Slate, Meagher & Flom served as legal counsel. Guggenheim Securities served as exclusive financial advisor to ViacomCBS, while O’Melveny & Myers served as legal counsel.</p>
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                                                            <title><![CDATA[ ViacomCBS Buys 49% Stake in Miramax Studio ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/viacomcbs-buys-49-stake-in-miramax-studio</link>
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                            <![CDATA[ ViacomCBS said it agreed to acquire 49% of Miramax, Harvey Weinstein’s former movie and TV studio, for $375 million. ]]>
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                                                                        <pubDate>Fri, 20 Dec 2019 15:07:56 +0000</pubDate>                                                                                                                                <updated>Fri, 20 Dec 2019 15:11:04 +0000</updated>
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                                                                                                <author><![CDATA[ jon.lafayette@futurenet.com (Jon Lafayette) ]]></author>                    <dc:creator><![CDATA[ Jon Lafayette ]]></dc:creator>                                                                                    <dc:source><![CDATA[ http://cdn.mos.cms.futurecdn.net/JGsRM7YbKg526Qh475nwCf.jpg ]]></dc:source>
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                                <p>ViacomCBS said it agreed to acquire 49% of Miramax, Harvey Weinstein’s former movie and TV studio, for $375 million.</p><p><br></p><figure class="van-image-figure pull-left" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' style="max-width:1100px;"><p class="vanilla-image-block" style="padding-top:56.36%;"><img id="yPmT7pwtgw9iWXq8coC8aS" name="Bob-Bakish_0_0_0.jpg" alt="ViacomCBS CEO Bob Bakish" src="https://cdn.mos.cms.futurecdn.net/yPmT7pwtgw9iWXq8coC8aS.jpg" mos="" align="left" fullscreen="" width="1100" height="620" attribution="" endorsement="" class="pull-left"></p></div></div><figcaption itemprop="caption description" class="pull-left"><span class="caption-text">ViacomCBS CEO Bob Bakish </span><span class="credit" itemprop="copyrightHolder">(Image credit: Future)</span></figcaption></figure><p>beIN Media will retain a 51% in Miramax and the studios current executive team will continue to run the company.</p><p>“Miramax is a renowned global studio, responsible for some of the most iconic films of the last three decades, including <em>Pulp Fiction, Good Will Hunting, Kill Bill</em> and more,” said ViacomCBS CEO Bob Bakish.  “This partnership with beIN will be a unique opportunity to gain access to a valuable library, deepening our already substantial pool of IP at a time when demand for premium content is only accelerating. We look forward to working closely with the Miramax management team as we explore new ways to deliver its titles across a variety of platforms and create new, compelling projects.”</p><p>Miramax is known for award winning films including <em>Chicago, Shakespeare in Love, The English Patient, No Country for Old Men.</em></p><p>ViacomCBS sees synergies between its Paramount studio and Miramax. Paramount has entered into an exclusive, long-term distribution agreement for Miramax’s film library and a first-ling agreement allowing Paramount to develop television projects based on Miramax intellectual property.</p><p>“This represents a major investment in and endorsement of our thriving Miramax business, which has grown in value under beIN Media Group’s ownership and has a fantastic future ahead with major new movies and unexploited premium dramas,” said Nasser Al-Khelaifi, chairman of beIN Media Group. “We are thrilled to partner with ViacomCBS and Paramount to explore further opportunities around Miramax’s iconic IP, and also at Group level; while substantially increasing the scale of our entertainment business. This deal further underlines beIN’s ambitions on the global stage – we are very proud to have established ourselves as one of the leading groups in sport, entertainment and media.”</p><p>Under the terms of the transaction, ViacomCBS will acquire 49% of Miramax from beIN for a total investment of $375 million. That includes an upfront cash payment of about $150 million, along with a commitment to invest $45 million annually over the next five years. Those funds will be used for new film and television productions and working capital.</p>
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