partners

ESPN is shifting its strategy on online sports gambling, ending its partnership with Penn Entertainment.

The companies announced Thursday they were terminating an agreement that offered ESPN equity in Penn, which operated the ESPN Bet sportsbook app. The app will no longer carry the familiar red ESPN logo. It will operate under a new name.

ESPN said it will partner with DraftKings, a leading sports betting company, which will provide odds and other gaming-related data for the Walt Disney Co. unit’s programs and its digital platforms. ESPN’s on-air staff will use DraftKings’ odds starting Dec. 1.

According to people familiar with the ESPN-Penn arrangement, the app simply didn’t reach its financial targets in the highly competitive business, which operates in the 31 states where online gambling is legal.

In 2023, Penn agreed to pay $1.5 billion in cash over the next 10 years for the rights to use the ESPN name on its app. As part of the deal, ESPN promoted the product across its programming and provided access to on-air talent. ESPN had the right to purchase up to 31.8 million shares of Penn stock for $500 million over the 10-year period.

“When we first announced our partnership with ESPN, both sides made it clear that we expected to compete for a podium position in the space,” said Jay Snowden, CEO and President of Penn Entertainment. “Although we made significant progress in improving our product offering and building a cohesive ecosystem with ESPN, we have mutually and amicably agreed to wind down our collaboration.”

The end of the deal comes shortly after an FBI investigation led to the arrest of Miami Heat player Terry Rozier, who allegedly pulled out of a game claiming injury to deliver a win on one of his prop bets.

ESPN’s decision is unrelated to the recent news, as the company has been in talks for months with DraftKings about a new partnership. But no longer having the ESPN name on a betting app will keep the brand out of the line of fire if the NBA case escalates.

Beginning in December, DraftKings will have its app exclusively integrated across ESPN’s platforms.

The companies said they will “collaborate to advance their shared commitment to responsible gaming, by dedicating prominent assets to educate, raise customer awareness and promote responsible play through campaigns and integrations.”

DraftKings will provide the betting tab within the ESPN app and its customers will receive special promotions for ESPN’s newly launched direct-to-consumer streaming product.

DraftKings operates in 28 states and in Washington, D.C., and Ontario, Canada, and has more than 10 million customers across its products.

Authors: Marin Ekstrom and Wilder Alejandro Sánchez

Uzbekistan has recently commenced construction of a new airport in Tashkent, valued at $2.5 billion, as a symbol of the country’s reinvention. The project, slated to begin operations in 2029, aims to serve as Central Asia’s key aviation hub by supporting more than 40 take-offs and landings per hour and serving 20 million passengers annually. Economists predict that increased air traffic at the airport could generate $27 billion in annual revenue and create thousands of new jobs.

To achieve this ambitious goal, Tokyo and Seoul will be critical partners: Japan’s Sojitz Corporation, which has extensive experience in the aviation sector, has agreed to invest millions of dollars and share technical expertise. As for South Korea, the Incheon International Airport Corporation (IIAC) signed a $24.5 million consulting contract to provide operational and service support for the development of the new Tashkent airport.

Investment Incoming

While the Tashkent airport is one of the most recent and buzzworthy examples of Uzbek cooperation with Japan and South Korea, it is hardly the only area of engagement. With a projected 6.2% economic growth rate for 2025, Uzbekistan is on track to become one of the five fast-growing economies in Europe and Central Asia, making it a highly attractive market for trade and investment. In July 2025, the Japan Bank for International Cooperation (JBIC) announced a three-year initiative to fund and implement $3.7 billion in projects across the energy, petrochemical, textile, and infrastructure sectors. Sojitz also agreed to expand its cooperation in the oil and gas sectors, including the Syrdarya II power generation facility. Mining is another lucrative sector, with the Japanese corporation Itochu investing heavily in Uzbek uranium mining operations.

Similarly, South Korea is playing a vital role in financing Uzbekistan’s infrastructure projects, including supplying high-speed trains for its electrified transport networks and providing over $12 million to promote sustainable resource extraction methods and supply equipment and training for Uzbek engineers. Another notable project is a South Korean-funded $150 million medical center in Tashkent.

High-Level Diplomacy

The two East Asian governments have also increased intergovernmental engagement with Uzbekistan in recent years. Visits and engagement between policymakers in Tashkent and Tokyo are relatively common: this year alone, then-Minister of Foreign Affairs Takeshi Iwaya visited Tashkent in June, while then-Minister of Justice Keisuke Suzuki visited in May. While the new Prime Minister, Sanae Takaichi, has yet to fully formulate her foreign policy strategy, it is hoped that she will continue Tokyo’s engagement with Uzbekistan.

Then-South Korean President Yun Suk Yeol visited Tashkent in June 2024, while President Shavkat Mirziyoyev and current President Lee Jae Myung spoke by phone in July. They pledged to strengthen the “special strategic partnership” and expand “multifaceted cooperation,” noting that Korean companies have invested over US$8 billion in the Uzbek economy.

Japan and South Korea have proven to be invaluable official development assistance (ODA) providers. The Japan International Cooperation Agency (JICA), Tokyo’s primary international aid organ, along with other Japanese NGOs, have worked extensively on infrastructure and human capital development in Uzbekistan. While Japanese ODA to Central Asia is of lower priority compared to Southeast Asia, Tokyo has consistently remained a top donor to Uzbekistan and the rest of the region. South Korea- which famously transformed from a major aid recipient to a prominent aid donor – has currently designated Uzbekistan as a “priority partner country” in terms of its ODA allocation. South Korean development assistance increased tenfold from 2006 and 2019, concentrating on social infrastructure and public service projects. Given the current instability of the global humanitarian and international development sector, it is difficult to say with certainty which current and future projects involving Japan, South Korea, and Uzbekistan will be pursued.  Nevertheless, ODA from Japan and South Korea has clearly had, and will continue to have, a positive lasting impact in Uzbekistan. 

The Other Pillar: People-To-People Interactions

People-to-people relations, facilitated through tourism and educational opportunities, can serve as additional pillars to strengthen interstate relations. Tourism among the three countries is surging, as Uzbekistan has noted increased tourist traffic from Japan and South Korea and vice versa. Initiatives like “Cool Japan” and “the Korean Wave” have transformed the two East Asian nations into soft power titans, while Uzbekistan is emphasizing strategies such as its Silk Road mystique to boost its soft power and tourism potential. If construction of the new airport stays on track, by the end of the decade, Japanese and South Korean tourists will arrive at a state-of-the-art facility their governments helped build.

Studying abroad is a significant phenomenon in Uzbekistan, ranking fifth globally in 2021 in terms of the number of students studying abroad. Japan offers numerous scholarships, language programs, and exchange programs designed for Uzbek students to study there. South Korea is an even more popular destination, with an estimated 5,000 Uzbek students studying in Korean universities. While comparatively fewer Japanese and South Korean students study in Uzbekistan, exchanges among the three countries can only strengthen their long-term ties.

Finally, Uzbekistan contributes to South Korea’s academic community and workforce: nearly 100,000 Uzbek citizens were living in South Korea as of June 2025, comprising the fifth largest foreign-born population in the country.

The Big Picture

Japan and South Korea have also robustly engaged with Uzbekistan through regional forums. Japan spearheaded the “C5+1” framework, which organizes the five Central Asian republics into a regional unit interacting with an extra-regional actor, with its 2004 “Central Asia + Japan” dialogue. Global Powers like China, Russia, the United States, and the European Union adopted this model for their own engagements with the Central Asian states. The Japan-centered C5+1 has continued, with the most recent summit being held in Astana in 2025. South Korea has helped organize a series of Central Asia-Republic of Korea Cooperation Forums and was set to host the first Central Asia-Korea summit in Seoul in 2025. The arrest of deposed President Yoon Suk Yeol earlier this year, however, has delayed those plans. South Korea announced a “K-Silk Road” initiative in June 2024, an ambitious project encompassing such areas as natural resource extraction, development aid, and cultural exchanges- though the arrest of Yoon has also halted progress on these objectives.

As a corollary to this analysis, it is worth noting two recent developments involving Central Asian engagement with  the Global Powers of China and the US, which often overshadow Japan and South Korea’s efforts in the region. A Chinese company reportedly plans to invest as much as US$500 million in Uzbekistan’s Andijan region to construct a hydroelectric power plant and modernize existing energy infrastructure. Meanwhile, US Ambassador-at-Large for South and Central Asian Affairs Sergio Gor and Deputy Secretary Christopher Landau visited Tashkent in late October as part of a regional tour. 2025 marks the 10th anniversary of the US-Central Asia C5+1 format, and US members of Congress have requested the Trump administration to organize a presidential summit to celebrate this achievement.

The point here is that the Global Powers will continue to engage Tashkent, and matching dollar-for-dollar  investment to compete with them is unrealistic. That being said, Tokyo and Seoul are not necessarily positioning themselves to act like Global Powers in the region. Japanese engagement with Uzbekistan and Central Asia has been characterized by a flexible, piecemeal approach that targets key issues while forgoing rigid diplomatic protocol like geopolitical alliances or treaty obligations. In addition, Japan values “quality over quantity” regarding its projects: while it may not be as flashy or large-scale compared to its Global Power counterparts, Japan aims for long-term sustainability and success. South Korea, for its part, appears to be adopting a similar mode of engagement with Uzbekistan and Central Asia. Being involved in strategic projects, like a significant involvement in Tashkent’s new airport, will help Tokyo and Seoul continue to have a high-profile and visible presence in Uzbekistan’s development projects.

Conclusions

Since President Mirziyoyev took power in 2016, he has sought to create a “New Uzbekistan” characterized by economic dynamism and global integration. Tashkent’s relations with Global Powers like China, Russia, the United States, and the European Union have been extensively analyzed. However, two other countries that have developed their own special and successful partnerships with Uzbekistan are Japan and South Korea.

As the New Uzbekistan gains momentum, Tashkent must rely on international partnerships to sustain development and enhance its international prestige. Given the country’s history of subjugation under empires and global powers, Uzbekistan’s involvement with nations like Japan and South Korea offers an intriguing alternative: robust engagement with less risk of domination. In turn, these East Asian nations can expand their regional influence to offset rival powers, most notably China, and gain access to new markets and resources. The collaboration between these three countries thus offers mutual benefits for all parties.

*Wilder Alejandro Sánchez is president of Second Floor Strategies, a consulting firm in Washington, D.C. He covers geopolitical, defense, and trade issues in Central Asia, Eastern Europe, and the Western Hemisphere. He has co-authored a report on water security issues in Central Asia, published by the Atlantic Council’s Eurasia Center and given presentations on environmental issues that affect the region.

Netflix is looking to capitalize on the popularity of its animated movie “KPop Demon Hunters” — and continue its foray into the retail space.

Netflix on Tuesday announced a licensing deal with toy makers Mattel Inc. and Hasbro Inc. to make dolls, action figures, plushies, youth electronics and other items based on “KPop Demon Hunters,” a movie about a trio of powerful singers and demon hunters who protect the world from dangerous demons.

“KPop Demon Hunters” has been a worldwide hit since its release in June, becoming Netflix’s most-watched film with more than 325 million views in its first 91 days on the streaming service.

The licensing deals come as Netflix has been aggressively partnering with brands to expand the fandom of its shows and movies.

Next month, Netflix will open the first of several planned physical locations called Netflix House where it will host experiences based on its programs and sell food and merchandise.

“KPop Demon Hunters unleashed a global fan frenzy,” said Marian Lee, Netflix’s chief marketing officer, in a statement. “Netflix, Mattel and Hasbro joining forces on this first-of-its-kind collaboration means fans can finally get their hands on the best dolls, games, and merchandise they’ve been not-so-subtly demanding on every social platform known to humanity.”

Under the partnership, Hasbro and Mattel will both become global co-master toy licensee to “KPop Demon Hunters.”

Netflix has had other partnerships with other toy makers, including Squishmallows for shows like sci-fi series “Stranger Things” and Lego sets based on pirates tale “One Piece.”

The Los Gatos, Calif., company has also launched in-person experiences such as balls based on the Regency era romance series “Bridgerton.”

“KPop Demon Hunters is a powerful pop culture phenomenon with global resonance—one that aligns seamlessly with our portfolio of iconic brands and our commitment to innovation,” said Tim Kilpin, Hasbro’s president of toy, licensing, and entertainment, in a statement.

©News Group Newspapers Limited in England No. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. “The Sun”, “Sun”, “Sun Online” are registered trademarks or trade names of News Group Newspapers Limited. This service is provided on News Group Newspapers’ Limited’s Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. To inquire about a licence to reproduce material, visit our Syndication site. View our online Press Pack. For other inquiries, Contact Us. To see all content on The Sun, please use the Site Map. The Sun website is regulated by the Independent Press Standards Organisation (IPSO)

Our journalists strive for accuracy but on occasion we make mistakes. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/

CONOR MCGREGOR has drawn the ire of UFC fans with his latest training footage.

The promotion’s former poster boy is slowly but surely ramping up training ahead of his long-proposed return to the octagon.

6

6

6

6

McGregor, 37, has been putting in the work on the Thai pads during his recent stay in Italy and has since started sparring.

Footage of the former two-division champion trading heavy leather with two young sparring partners started doing the rounds on social media last weekend.

McGregor didn’t take it lightly on his training partners for the day, throwing some full-pelt shots their way.

The Dubliner’s apparent refusal to take it easy on the youngsters annoyed several MMA fans, one of whom wrote on X: “Hmmm. Not a good look for McGregor.”

Another said: “Still an embarrassing show. He is such a shell of his former self.”

And another said: “Bullying young fighters.”

One remarked: “Embarrassing, TBH.”

Another chimed in: “McGregor beating up 12-year-old kids – what a downfall.”

SUN VEGAS WELCOME OFFER: GET £50 BONUS WHEN YOU JOIN

Several fight fans, however, believed McGregor was giving the youngsters some invaluable experience, with one saying: “He is doing them a favour.”

Another said: “He’s a great teacher ’cause nobody will take it easy in them in the octagon.”

And another said: “Great training opportunity!”

McGregor hasn’t set foot inside the octagon since breaking his left leg in his trilogy fight with Dustin Poirier over four years ago.

He was set to make his grand cage comeback last June against Michael Chandler but withdrew from the Sin City showdown after breaking his left pinky toe.

McGregor took a major step towards returning to the cage late last month by re-entering the UFC‘s drug testing pool.

6

6

He submitted random samples to drug testers earlier this month, both of which came back negative for any banned substances.

If McGregor fights again, his next outing will be his first since he was found civilly liable for having assaulted Nikita Hand at a Dublin hotel in December 2018.

McGregor appealed the verdict turned in at Dublin‘s High Court but lost his bid to overturn the civil verdict in July.

Published on
08/08/2025 – 14:08 GMT+2

ADVERTISEMENT

Binance is partnering with Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) to allow crypto customers to store their funds with the bank instead of keeping them directly on the crypto exchange, according to reporting by the Financial Times.

The move is aimed at rebuilding trust with investors after Binance was hit with a record fine from US regulators nearly two years ago.

Binance is the world’s largest cryptocurrency exchange by trading volume, and it handles billions of dollars in trades each day across hundreds of cryptocurrencies.

What does this mean for crypto?

BBVA, as a bank, will act as an “independent custodian” or a separate and trusted third party and ensure a greater level of safety when it comes to customers’ funds or assets that are traded through Binance.

As the second largest bank in Spain and praised for its innovation and sustainability, BBVA will act as a security guarantee, giving traders a reduced risk while encouraging them to invest in the high-returns crypto exchange.

By storing them with BBVA, if Binance runs into trouble, like being hacked, declaring bankruptcy or facing regulatory action, the funds would still be safe with BBVA.

Banks are much more closely regulated than crypto exchanges, so BBVA’s obligation to follow compliance rules should lead to more interest in crypto overall.

Essentially, the move is akin to putting your valuables in a safe or a secure bank, instead of being displayed in a storefront as they’re being bought and sold.

Binance trying to clean up its reputation

Binance, the world’s largest crypto exchange, got slammed in 2023 with a record $4.3 billion (€3.69bn) fine after US regulators accused it of not keeping checks on its trading floor.

US officials said Binance allowed shady funds to flow through its exchange and allegedly permitted laundered money to be used, helping its big clients dodge the rules.

Founder Changpeng ‘CZ’ Zhao stepped down and served four months in prison for failing to stop money laundering.

Now, with regulators watching its every move, Binance is trying to clean up its act and by partnering with Spain’s BBVA, hopes to prove it can play by the rules.

July 31 (UPI) — President Donald Trump formalized his reciprocal tariffs policy on Thursday, imposing stiff levies on dozens of nations while making good on his promise to use the economic measure to try and balance what he sees as negative trade deficits with U.S. trading partners.

The American president signed an executive order putting a 10% tariff on most trading partners, aside from a handful with whom recent deals have either been made with or are pending.

Trump has long turned to economic tariffs as a bargaining tool, both as a negotiation tactic and as an attempt to spur the domestic manufacturing industry. Since returning to the White House in January, the New York real estate mogul has railed against trade deficits, often framing them as examples of trading partners taking advantage of the United States.

The executive order was signed hours before a White House-imposed deadline for other countries to finalize deals with the United States, while delaying the imposition of the tariffs until Aug. 7. It also permits goods loaded onto shipping vessels prior to Aug. 7 that arrive in the United States before Oct. 5 to be exempt from the levies.

White House press secretary Karoline Leavitt told reporters during a press conference held Thursday, before the executive order was announced, that the sweeping tariffs apply to all trading partners who have not fashioned “bespoke” deals with the president.

“We promised that the president would negotiate with countries all around the world to cut tailor-made trade deals depending on those countries’ challenges, how badly they’ve ripped off the United States of America and our manufacturing industry and our workforce in the past,” she said.

Countries facing the highest levies under the executive order are Syria at 41%, Myanmar and Laos at 40% and Switzerland at 39%.

Earlier Thursday, Trump announced he was pausing plans to place tariffs on Mexico for 90 days to allow negotiations to progress.

On Wednesday night, he threatened ongoing trade negotiations with Canada over Ottawa’s decision to recognize a Palestinian state. Canada is set to see its tariff go from 25% to 35%.

Recent deals have also been reached with South Korea, the European Union, Britain, Japan and others.

It also comes on the heels of Trump slapping a 40% tariff on Brazilian goods over its prosecution of his ally, former far-right President Jair Bolsonaro, for a total of 50%.

“We have never had a president who wields the full power of the United States to negotiate good deals for our country and its people like President Trump,” Leavitt said.

“This is what maximum leverage looks like.”

Prime Minister Mark Carney also introduced a fund to invest in domestic steel projects.

Canadian Prime Minister Mark Carney has said that Canada will introduce a tariff rate quota on countries it has free trade agreements with, excluding the United States, in order to protect its domestic steel industry.

Carney announced the new measures on Wednesday.

The plan includes a 50 percent tariff that will apply to imports from relevant countries that surpass the 2024 volumes, though Canada will honour existing arrangements with its United States-Mexico-Canada Agreement (USMCA) trade partners, Carney said.

Canada will implement additional tariffs of 25 percent on steel imports from all countries containing steel melted and poured in China before the end of July.

Carney is responding to complaints from the domestic industry, which had said that other countries are diverting steel to Canada and making the domestic industry uncompetitive due to US tariffs. The Canadian steel industry had asked the government to introduce tougher anti-dumping measures to protect the domestic industry.

US President Donald Trump increased import duties on steel and aluminium to 50 percent from 25 percent earlier this month. Canada is the top seller of steel to the US.

Carney also said domestic steel companies would be prioritised in government procurement, and he introduced a fund of one billion Canadian dollars ($730m) to help steel companies advance projects in industries such as defence.

“These measures will ensure Canadian steel producers are more competitive by protecting them against trade diversion resulting from a fast-changing global environment for steel,” Carney said on Wednesday.

For countries without free trade agreements with Canada, the government lowered the tariff-free quota to 50 percent of 2024 volumes from 100 percent previously. Above the quota, imports will also face a 50 percent tariff.

Catherine Cobden, president and CEO of the Canadian Steel Producers Association, in an interview with broadcaster CBC, said the timing wasn’t sufficient for domestic steelmakers confronting a crisis.

“This is something we should have been doing all along, but it’s fantastic to see that we are making progress,” Cobden said.

In a separate statement, Canadian steel maker Evraz said it has filed a complaint against steel imports from Mexico, the Philippines, South Korea, Turkiye and the US, against unfairly priced imports of oil country tubular goods.

ITV and Disney+ will both be making some of their exclusive content available for viewers using the other streaming platform in a bid to appeal to larger audiences

Streaming heavyweights ITVX and Disney+ have revealed a major new partnership that will see both platforms share a curated selection of each other’s content.

This is a first-of-its-kind collaboration designed to broaden audiences and offer more choice to viewers. Starting July 16, both streamers will roll out special sections on their services called Taste of ITVX and Taste of Disney+, which will feature regularly updated line-ups of popular shows from each platform.

As part of the deal, ITVX users will gain access to several hit Disney+ series at no additional cost, including the first seasons of critically acclaimed shows like The Bear, Andor, and Only Murders In The Building.

The selection will also feature reality and family favourites such as The Secret Lives Of Mormon Wives, The Kardashians, Lilo And Stitch: The Series, and Phineas And Ferb.

Meanwhile, Disney+ subscribers will be able to watch some of ITV’s most celebrated dramas and entertainment shows. The new offering will include Mr Bates Vs The Post Office, gripping spy thriller Spy Among Friends, and select seasons of Love Island.

Popular dramas like Endeavour, Vera, and the first series of Karen Pirie will also be available on the streaming platform. Fans of British telly can also look forward to Olivia Attwood’s Price Of Perfection and hit quiz show The 1% Club joining Disney+’s library.

Kevin Lygo, ITV’s managing director of media and entertainment, has called the agreement a perfect match between two strong brands.

He said: “Disney are fantastic partners with a brilliant breadth of content. This mutually beneficial alliance allows us to show our complementary audiences a specially selected collection of titles, regularly updating, that gives a flavour of the range in our respective offerings.

“For us, this deal means even more great content for viewers on ITVX, and even more opportunity for viewers to find and enjoy our distinctive titles and services.”

The collaboration builds on an existing relationship between the two companies. ITV is already the free-to-air broadcaster for Disney+ series like Renegade Nell and the upcoming true-crime drama Under The Bridge, while ITV Studios produces several shows for Disney+, including Rivals, Suspect: The Shooting Of Jean Charles de Menezes, and the new revival of Blind Date.

Joe Earley, president of Disney Entertainment’s direct-to-consumer division, branded the partnership a significant milestone. He shared: “We are proud of this innovative collaboration with ITV, which will allow us to bring Disney+ customers some of the UK’s favourite and buzzworthy shows, and encourage ITVX viewers to discover some of Disney+’s award-winning series and blockbuster films.”

Speaking to Variety, Karl Holmes, Disney+’s EMEA general manager, explained the strategic thinking behind the content swap. He said the titles Disney has chosen tend to be those appealing to adult audiences, as the streamer is making an effort to attract viewers who may not have traditionally subscribed to Disney+.

“It’s really powerful for us and will help drive consideration in a demo which hasn’t considered as much under our sign ups,” he said. “And at the same time, we get some of the UK’s biggest shows to put in front of our younger audience. And it does the same for ITV in reverse. It all works because of the complementarity of the audiences.”

Like this story? For more of the latest showbiz news and gossip, follow Mirror Celebs on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .