Skweek, the streaming platform owned by FedCom Media and Aleksej Fedorycsev (who also owns AS Monaco basket), has ceased its role as a broadcaster for Euroleague and Eurocup for over a month. The platform’s catalog is now empty, yet it continues to offer subscriptions, with all content having been transferred to Euroleague TV.
Employees, who previously went on strike to draw attention to their precarious situation, are now facing an even more severe crisis. They have publicly stated that they have not received their salaries for more than four months, describing the situation as “untenable.” This extreme financial and personal precarity is unacceptable, especially given that the company, despite having no real operational activity, has not yet been placed into collective insolvency proceedings.
The employees explicitly attribute this deadlock to the inaction and decisions of the management. This crisis follows a history of the company being condemned in various disputes, including those with ASVEL and 21 Production, for failing to honor its contractual obligations.
The current situation is stark:
- No salaries have been paid for four months.
- No credible communication has been provided to the employees.
- No concrete solutions have been implemented.
- Significant debts to social security and tax authorities are jeopardizing fundamental employee rights.
Employees refuse to continue enduring this situation. They demand immediate action, including:
- The full payment of all outstanding salaries.
- The immediate initiation of collective insolvency proceedings appropriate for the company’s current state.
- Complete transparency regarding the company’s financial situation.
The employees warn that if a rapid response is not provided, they will continue all necessary actions already underway, including legal proceedings and media engagement, to assert their rights and publicly hold those responsible accountable. Some employees have reportedly already initiated legal actions with labor courts and contacted labor inspectors.
