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signed just at the beginning of 2014 – were breached. CPBL, in response to the surprise move, maintained that it has not breached any of the terms in the contract and demanded the company to provide an open and clearer explanation of what it called an "ambiguous and unilaterally issued" press statement.
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On 20 July 2014 MP & Silva abruptly terminated the broadcast contract with CPBL to distribute Taiwan's professional baseball games in the local media, citing a breach of contract by the league. However, the company did not go into detail what terms of the 6-year, NT$ 2.04 billion contract –
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football teams. In 2006, the company acquired the rights for the majority of Serie A teams. The first headquarters office opened in
Singapore in 2007. By 2009, the company's portfolio principally consisted of media rights of European football leagues being distributed to Asian TV broadcasters. In
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The company began to face significant struggles under the
Chinese majority ownership. In July 2018, it was reported that the company had missed rights payments to entities such as the Premier League (where it held rights in the Asia-Pacific region) and
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At its peak, in 2016, the company was valued around US$ 1 billion. At this time
Riccardo Silva, and his partners including Andrea Radrizzani, sold the company and a majority stake was acquired by two Chinese firms.
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and
Beijing Baofeng Technology bought a majority 65% stake of MP & Silva. The purchase was made through a strategic partnership, the Shanghai Jin Xin investment fund.
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At the beginning of 2015, the company announced its expansion in the United States market and its acquisition of
European rights to the
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MP & Silva began in 2004 with the acquisition of the global rights distribution of selected
Italian
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501:"Baofeng and Everbright establish partnership with MP & Silva to drive growth – MP & Silva"
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604:"Is China-owned MP & Silva about to become the biggest fail in sports marketing history?"
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578:"SPFL agree international rights deal with Infront after termination of MP and Silva deal"
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194:'s broadcast rights in 51 territories, including the Middle East. The agency also bought
402:"MP & Silva assumes dominant position in agency market with new Premier League deal"
340:"MP & Silva Renews Serie A Overseas Media Rights for 3 Seasons – Bloomberg Business"
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362:"MP & Silva win European broadcast distribution rights for French Open from EBU"
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475:"MP & Silva to distribute NFL rights in Europe next five seasons | Sport"
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2010, MP & Silva headquarters moved to London where they started working with
526:"Exclusive: Serie A takes MP & Silva to court for €38m in unpaid rights fees"
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On 17 October 2018, the High Court ordered the winding-up of MP & Silva.
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224:. Both entities cut their ties with MP & Silva. On 27 July 2018, the
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679:"MP & Silva heads to High Court as FFT issues winding-up petition"
629:"MP & Silva in 'state of paralysis' after missing rights payments"
300:"Media Company MP & Silva Puts Sports on YouTube With Rightster"
552:"SPFL tears up broadcast agreement, claiming a default in payments"
286:"Italian volleyball 'breaks a stunning record' with MP & Silva"
314:"European Sports Hit by Collapse of Agency Once Worth $ 1 Billion"
384:"Motor racing-Formula One secures TV rights deal for Middle East"
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453:"02/23/15: MP & Silva set sights on US marketCynopsis Media"
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654:"MP & Silva dealt further blow as IHF terminates contract"
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sued MP & Silva over nearly €38 million in unpaid fees.
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424:"Premier League sells Middle East and Africa TV rights"
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also terminated its contracts with MP & Silva. The
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rights in MENA and some selected
European countries.
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244:for the winding up on MP & Silva under the
441:MP & Silva ends CPBL distribution contract
162:In October 2018, the company was ordered into
166:over a multitude of missed rights payments.
766:Mass media companies disestablished in 2018
386:. Reuters. 19 December 2013. Archived from
704:"MP & Silva wound up in UK High Court"
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147:. Founded in 2004 by Italian businessmen
761:Mass media companies established in 2004
270:. Sports Industry Groups. Archived from
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222:Scottish Professional Football League
771:Mass media companies based in London
268:"The big interview – MP & Silva"
190:In 2013, MP & Silva secured the
116:and Beijing Baofeng Technology (65%)
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364:. Insidethegames.biz. 12 June 2011
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338:Panja, Tariq (28 November 2011).
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455:. Cynopsis.com. 23 February 2015
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404:. Goal.com. 19 February 2013
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242:High Court of Justice
214:Everbright Securities
139:was an international
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274:on 12 November 2012.
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390:on 3 February 2016.
246:Insolvency Act 1986
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481:. Associated Press
430:. 31 January 2013.
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323:1 November
255:References
70:2018-10-17
736:Bloomberg
683:SportsPro
658:SportsPro
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582:BBC Sport
556:BBC Sport
318:Bloomberg
187:in 2011.
105:Worldwide
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232:and the
49:Founders
33:Industry
510:19 June
485:8 April
459:8 April
408:8 April
368:8 April
346:8 April
226:Serie A
181:Arsenal
176:Serie A
170:History
126:mpsilva
121:Website
94:England
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63:Defunct
41:Founded
145:London
90:London
110:Owner
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