MAM
Parrot Analytics launches Sports Demand to put rigour into soaring media rights market
LOS ANGELES: : Parrot Analytics, the media analytics firm known for pioneering streaming valuation, has launched Sports Demand, billed as the most advanced global sports analytics system. The tool is designed to arm leagues, teams, broadcasters, streamers and sponsors with data-driven insights to navigate the fast-inflating sports rights market.
Sports rights fees have surged in recent years, with Paramount’s $7.7 billion deal for UFC events, WWE’s $1.6 billion tie-up with ESPN, and the NFL’s equity-for-content swap with Disney underscoring the scale. Parrot says its system will allow buyers and sellers to measure fan engagement market by market, justify valuations, and extract stronger returns on investment.
“For the first time, decision-makers can weigh the impact of acquiring a sports league against investing in scripted series or films, within a single framework,” said Parrot Analytics chief executive Wared Seger. By integrating with the firm’s Demand360 platform, Sports Demand lets clients benchmark sports against TV shows, films and on-screen talent.
Capabilities include global fan mapping across 100 markets, integrated sports-entertainment benchmarking, empirical valuation models, content optimisation, and sponsor alignment analysis. Early adopters include leagues negotiating landmark streaming deals and operators launching direct-to-consumer sports services.
Seger argued that in an attention economy where sports compete directly with films and television for time and spend, “rigorous, standardised data is essential.”
Sports Demand is now available worldwide to Parrot Analytics’ enterprise clients, with dashboard and API access for seamless integration into rights, content and sponsorship strategies.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
