Premier League nears record sale of US TV rights for about $2 billion—report

0
73
Premier League

FILE PHOTO: Soccer Football – Premier League – Everton v Tottenham Hotspur – Goodison Park, Liverpool, Britain – November 7, 2021 General view of the winter match ball Action Images via Reuters/Carl Recine

The English Premier League is nearing the sale of its US television rights for about $2 billion, setting a new overseas record, the Financial Times reported on Sunday, citing sources familiar with the matter.

ViacomCBS and Walt Disney Co-owned ESPN are among the broadcasters bidding for the rights with Comcast Corp’s NBC, the current holder, with second-round bids due on Nov. 18, the FT report said.

Under the deal, which will be functional from the 2022-23 season until the 2027-28 season, Premier League will sell all 38 matches in a single block rather than in separate packages.

Deal discussions occurred amid fears revenue from football’s domestic broadcast rights…

Source link

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here