Overview

• A Rio appeals court led by Judge Lúcia Helena do Passo froze the September audience tranche of roughly R$77 million and directed the dispute to the CBMA for arbitration, with funds deposited in court.
• LiBRA is seeking to overturn the injunction while defending the statute approved under Rodolfo Landim, which assigns audience weights across TV aberta, Sportv and pay‑per‑view.
• Documents show the contract runs through 2029 at about R$1.17 billion per year, with the audience pool set at 30% and platform weights cited as 60% open TV, 5% pay TV and 35% pay‑per‑view.
• O Globo reports Flamengo argues it should receive around 30% of the audience pool, while LiBRA’s current method had the club at 20.41%—nearly R$16 million of the blocked tranche and a little over R$70 million for 2025.
• Flamengo’s council meets today at Gávea to hear president Luiz Eduardo Baptista, after rejecting a May proposal to keep 2025 criteria and debate changes for 2026, and he is reported to be considering leaving LiBRA to negotiate TV rights independently.