Sky Extends Premier League Broadcasting Rights to 2022
February 14 2018 - 3:02AM
Dow Jones News
By Carlo Martuscelli
Sky PLC (SKY.LN) has extended its rights to show Premier League
matches through 2022 for 1.19 billion pounds ($1.65 billion) a
year.
The broadcaster said Wednesday that it will show 128 matches per
soccer season. The price tag represents a 16% reduction in cost per
game compared with its current agreement, Sky said.
The deal will allow Sky first pick of which match to show each
weekend as well as 14 second-pick matches, which will be shown on
its Sky Sports channel.
Sky is 29%-owned by 21st Century Fox (FOX), which shares common
ownership with News Corp, the parent company of Dow Jones.
Meanwhile, BT Group PLC (BT.A.LN) said it too extended its
Premier League rights--for three years, starting from the 2019/2020
season, for GBP295 million per season. The company will show 32
games per season. BT has the rights to market and sell Sky Sports
matches.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
February 14, 2018 02:47 ET (07:47 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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