BeIN lays off 300 staff; says piracy to blame for shrinking profits

Layoffs come after the broadcaster lost lawsuit against Arabsat
BeIN, BeIN Sports, Arabsat, Piracy, BeoutQ, Layoffs, Restructuring

Share

Qatar-based broadcaster BeIN Sports has laid off nearly a fifth of its staff after the company’s revenues had been hit by online piracy of its TV channels, Bloomberg has reported.

You might like

Arabsat claims victory in case filed by beIN Sports

At least 300 employees, constituting about 18 percent of the company’s local workforce, were let go, reflect “difficult decisions to right-size our business,” a statement by beIN read. 

The layoffs follow a French court’s decision that it found no evidence of Arabsat distributing pirate channel BeoutQ. Previously, BeIN had accused Arabsat of carrying illegal broadcasts by BeoutQ. The court ruling established these allegations to be false.

BeIN Sports had bagged rights to broadcast major sporting events, including the men’s FIFA World Cup, English Premier League, Wimbledon tennis and the women’s FIFA World Cup.

You might like

BeIN CEO charged with corruption in IAAF scandal probe

The subscription-based channel says it has been hit hard by illegal online streaming of its content. As well as cutting staff, the channel has also refrained from new bids for other sports rights, including Formula 1 motor racing.

While piracy has hit region’s broadcasters hard, but BeIN Sports is the first to axe staff.

You might like

OSN axes Pehla and cricket channels, blames piracy

Earlier Dubai-based OSN announced it will end its South Asian ‘Pehla’ bouquet and cricket channels. Transmissions  and subscription renewals  will stop on July 15, after the end of the ICC Cricket World Cup.

Most Popular

Editor's Choice

Sennheiser hires Shraddha Mukul in regional marketing manager role
New position created to build on the "company's ongoing success" ...
StarzPlay begins streaming of Attack on Titan season 3 finale across Middle East
Third season is produced by IG Port's Wit Studio and directed by Tetsurō Araki and ...
Amazon offering free content from Apex Legends and EA Sports ...

Don't Miss a Story