Sky pays 3.6 billion pounds to win bulk of new Premier League rights

Sky pays 3.6 billion pounds to win bulk of new Premier League rights

Rupert Murdoch's Sky has agreed to pay 3.58 billion pounds for a three-year deal to show 128 English Premier League matches a season from 2019/20, less than it paid for its current broadcast deal.

Premier League
File photo of an English Premier League match. (REUTERS/Eddie Keogh)

LONDON: Rupert Murdoch's Sky has agreed to pay 3.58 billion pounds for a three-year deal to show 128 English Premier League matches a season from 2019/20, less than it paid for its current broadcast deal.

Rival BT said it had agreed to pay 885 million pounds(US$1.23 billion) to show 32 games a season for three years, after five of seven packages were auctioned on Tuesday.

In total, the companies will pay 4.46 billion pounds to secure the rights for 160 games a season for three years.

The auction of two further packages of 20 games each a season had not finished, with interest from multiple bidders, the Premier League said on Tuesday

The amount raised so far, however, is below the 5.14 billion pounds raised in 2015 for three-year packages to show 168 games a season.

(Reporting by Paul Sandle and Alistair Smout. Editing by Jane Merriman)

Source: Reuters

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