{"id":125413,"date":"2025-09-09T15:15:07","date_gmt":"2025-09-09T15:15:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/125413\/"},"modified":"2025-09-09T15:15:07","modified_gmt":"2025-09-09T15:15:07","slug":"liberty-media-ceo-derek-chang-signals-progress-on-f1-u-s-media-rights-hints-at-apple-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/125413\/","title":{"rendered":"Liberty Media CEO Derek Chang signals progress on F1 U.S. media rights, hints at Apple deal"},"content":{"rendered":"<p class=\"c-paragraph sections-media \">Liberty Media CEO Derek Chang did \u201c<a href=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2025\/07\/13\/f1-moving-closer-to-landing-media-rights-at-apple\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2025\/07\/13\/f1-moving-closer-to-landing-media-rights-at-apple\/\">not mention Apple by name<\/a>\u201d but said yesterday that the company is \u201c\u2018pretty far along\u2019 in talks with a U.S. media rights partner\u201d for F1, according to Dade Hayes of DEADLINE. Chang said it has been \u201cwell-documented in terms of the negotiations, we are pretty far along, and we\u2019re pretty happy and comfortable with sort of where we\u2019re going to end up.\u201d Given recent shifts in the media landscape, Chang added the \u201cmore substantive question is what we are looking for\u201d from a partner. He said unlike with conventional sports dealmaking, the current environment begs the question, \u201cIs your media partner even just a media partner, or are they also a sponsor?\u201d He said if it is the latter, the partners \u201chave other ways that they\u2019re going to <a href=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2025\/08\/01\/fox-sports-assumes-strategic-role-in-indycars-bid-to-expand-audience-reach\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2025\/08\/01\/fox-sports-assumes-strategic-role-in-indycars-bid-to-expand-audience-reach\/\">monetize and commercialize the relationship<\/a>,\u201d adding that they can help F1 \u201cdo likewise.\u201d Hayes wrote just as film \u201cF1\u2033 is \u201csure to become the <a href=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2025\/08\/26\/f1-crosses-600m-in-global-box-office\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2025\/08\/26\/f1-crosses-600m-in-global-box-office\/\">top streaming title on Apple TV+<\/a>\u201d when it lands there later this year, the tech company \u201csees it as a potential driver of viewer interest in the races on the service.\u201d Chang: \u201cBringing in a partner who amplifies a lot of that for us on an overall holistic basis and driving that engagement with fans is what\u2019s important\u201d (<a href=\"https:\/\/deadline.com\/2025\/09\/formula-1-media-rights-talks-ceo-liberty-media-apple-espn-1236512299\/\" target=\"_blank\" rel=\"nofollow noopener\">DEADLINE, 9\/8<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"Liberty Media CEO Derek Chang did \u201cnot mention Apple by name\u201d but said yesterday that the company is&hellip;\n","protected":false},"author":2,"featured_media":125414,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[979,96,1687,372,6537,101,56,54,55],"class_list":["post-125413","post","type-post","status-publish","format-standard","has-post-thumbnail","category-f1","tag-deals","tag-entertainment","tag-f1","tag-formula-1","tag-formula1","tag-sports","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/125413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=125413"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/125413\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/125414"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=125413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=125413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=125413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}