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Serie A rejects SKY's bid for non exclusive broadcast rights, say sources

MILAN: Serie A has rejected a 263 million euros (US$310 million) bid by U.S. Comcast' SKY to screen some of Italy's top-flight soccer matches over the next three seasons on a non exclusive basis, two sources close to the matter said.

The move will pave the way to launch a new tender process for the package, which comprises non-exclusive rights to screen three out of 10 games per matchday.

Last week Serie A awarded sport streaming service DAZN the rights to screen all Serie A matches for 2.5 billion euros in the 2021-2024 period, including exclusive rights for seven out of 10 games per matchday

Serie A said on Friday it would hold talks until Monday with Sky about screening three games per matchday on a non-exclusive basis. SKY initially offered some 210 million euros for the package.

At a teleconference meeting on Monday, SKY's improved offer was backed by 13 out 20 clubs, missing a required 14 vote majority as seven clubs, including Juventus, Inter Milan and Lazio abstained, the sources added.

Under the current three-year agreement, Serie A raised some 2.9 billion euros from Sky and DAZN.

(US$1 = 0.8494 euros)

(Reporting by Elvira Pollina, editing by Pritha Sarkar)

Source: Reuters

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