DAZN close to half-a-billion BT Sport buyout

4 months ago 63
PR Distribution

(Pocket-lint) - BT Sport could soon beryllium owned by sports streaming work DAZN, if a latest study pans out.

The subscription-based work confirmed that it was successful talks with BT to get its sports broadcasting limb past year. Now it seems those talks are coming to a conclusion.

It is said that DAZN could wage up to £580 cardinal ($800 million) for BT Sport and that the woody could beryllium struck by the extremity of January. It is not known whether the streaming work plans for the channels to proceed arsenic normal, oregon whether it has different ideas for a much online presence.

Reuters, which publishes the latest study based connected its sources, besides states that the woody could inactive autumn done and that Discovery continues to beryllium funny successful the BT Sport proposition too.

It was archetypal linked arsenic a bidder successful December, but was thought to person projected a associated task with BT alternatively than a afloat acquisition.

Discovery owns the Eurosport web and would apt to proceed to tally BT Sport arsenic it is present - a suite of channels successful which Eurosport's would beryllium included.

BT Sport owns a ample information of the rights to unrecorded Premier League matches successful England, positive the Champions League and Europa League.

Writing by Rik Henderson.

Read Entire Article