European basketball’s elite EuroLeague has announced the end of its broadcast partnership in France with Fedcom Media and its Skweek platform over a “repeated failure” to honor its contract, and will relaunch the EuroLeague.TV direct-to-consumer platform in the country.
The relaunch of EuroLeague.TV will cover France, Monaco, and the French overseas territories, and will broadcast action from the top-tier EuroLeague and second-tier EuroCup competitions, as well as select games from Italy’s LNB Serie A domestic competition (rights it acquired regionally in January).
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This will come into effect on March 5, with the 30th round of regular season EuroLeague fixtures.
EuroLeague has stated that current Skweek subscribers will have their subscriptions transferred to the new platform and honored through May 30, as well as providing a 15% discount on annual renewal thereafter.
It remains to be seen whether EuroLeague.TV will retain these rights into the 2026-27 season, or if the league looks to sell them to a TV partner once again, in what it hopes is one of basketball's biggest European markets.
Basketball rights in France are currently split between a number of platforms, with pay-TV heavyweight BeIN holding the rights to FIBA national team competition, and the US' elite NBA, while DAZN shows domestic LNB Elite action and FIBA's club competitions such as the Basketball Champions League.
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By GlobalDataCurrently, two French teams, Paris Basket and ASVEL, compete in the EuroLeague alongside Monegasque side AS Monaco Basket, while Cosea JL Bourg is France’s sole representative in the EuroCup.
So far in 2026, Skweek has been dogged by financial issues, which in late January led to Skweek staff launching strike action over unpaid wages, resulting in the service failing to air a round of EuroLeague fixtures, and then airing the following round without commentary.
The company’s issues are longstanding, however. Back in 2024, the service lost the rights to the French top-flight LNB Elite competition after rights payment issues.
Skweek has broadcast EuroLeague action in France since 2022, in what was then a surprise deal for Fedcom, which, before that, was primarily a chemicals company.
These issues have bled into the fabric of French basketball, particularly concerning AS Monaco Basket, which is perhaps the most affected by Fedcom’s current predicament.
Fedcom Group, a conglomerate owned by Russian-born Hungarian-Monegasque businessman Alexey Fedorychev, who operates in Ukraine, owns Skweek and has seen its business impacted by the Russian invasion of Ukraine, which thus hampered rights payments.
Fedorychev acquired AS Monaco Basket in early 2022, immediately backing the team to two consecutive LNB Elite championships in 2022-23 and 2023-24, as well as a run to the EuroLeague final in 2024-25, where the team finished runners-up, having also finished third in 2022-23.
Indeed, the club has been among the most competitive in the EuroLeague since Fedorychev acquired the team, but with the struggles of his Fedcom business, Monaco players almost decided on strike action in January after unpaid wages dating back to the previous November.
Fedorychev may yet lose the team entirely, a matter that will be decided in court on March 6, with the principality of Monaco set to step in and take over the team in the interim, a prospect that would likely lead to cost-cutting and no doubt put the team’s competitive future in jeopardy.
Ahead of the 2025-26 campaign, the EuroLeague declined to offer Monaco a new long-term license, instead handing the team a shorter competition contract, which illustrates the team’s chance of long-term sustainability at the top level should Fedcom not ameliorate the situation.
With the news, LNB president Phillipe Ausseur also stated that Monaco could be removed from the postseason playoffs should they not resolve the financial problems by the end of the regular season (May 16), despite Monaco currently sitting atop the league's standings after 20 games.
Without EuroLeague and EuroCup rights, Sskweek’s platform is almost solely composed of ancillary content around European basketball, meaning retaining any significant subscriber revenue will be an unlikely prospect, a fact that will, in turn, further hamper Fedcom’s ability to retain control of AS Monaco Basket.
