Grupo Lauman issued a statement to clarify that it holds an active contract for the use of the Fox Sports brand in Mexico. In light of recent statements from Fox Corporation, Fox Sports Mexico deems it necessary to specify that its right to use the brand derives from an agreement in which the North American corporation does not participate directly.
In the statement, Fox Sports Mexico assures that it continues to operate normally and reaffirms its commitment to its audience, followers, and business collaborators. The contract that regulates the use of the brand in Mexico is valid for at least 5 years, starting from November 2021, and is exclusive in nature.
The statement emphasizes that no declaration from Fox Corporation has the power to terminate the contract or prevent the use of the brand as stipulated in the corresponding document. Fox Corporation's claims about the alleged termination of the license do not legally affect the validity of the active contract. Fox Sports Mexico reaffirms its right to use the Fox Sports brand in Mexico as contractually agreed.
