Telefonica Secures Spanish Soccer Broadcasting Rights
19 Janvier 2024 - 4:52PM
Dow Jones News
By Adria Calatayud
Telefonica said it has obtained rights to broadcast Spain's
soccer league for the next three seasons, securing prized content
for its streaming service.
The Spanish telecommunications company said Friday that it will
pay 1.29 billion euros ($1.40 billion) in total for the package
awarded in the latest tender of broadcasting rights of Liga
Nacional de Futbol Profesional, the organizer of the Spanish soccer
league. This is in line with the per-season cost of the previous
rights award to Telefonica, it said.
Telefonica said the award covers the rights to air soccer
matches for pay TV in the residential market in Spain for the
second half of the 2024-25 season--from Jan. 20, 2025 onward--as
well as the 2025-26 and 2026-27 seasons.
The award price amounts to EUR250 million for 2024-25, and
EUR520 million for each of the following two seasons, the company
said.
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
January 19, 2024 10:37 ET (15:37 GMT)
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