WorldFox said it was cooperating with EU officials after an unannounced search of the US media company's London offices, one of several raids on media outlets by the bloc Tuesday in a probe into sports media rights. The office of Fox Networks Group, which operates 21st Century Fox's global television network, in the Hammersmith area was raided by European Commission officials over competition concerns. "Fox Networks Group (FNG) is cooperating fully with the EC inspection," a company spokesman told AFP. The European Commission said it carried out inspections in several EU countries of companies working in media rights related to sports events and their broadcasting. Sports broadcasting has become a multi-billion dollar business across the world, with big television networks vying for exclusive rights to show live games.

Source: Sunday Times April 11, 2018 04:18 UTC