Sky: retains Premier League rights at lower cost; stock up
(CercleFinance.com) - Sky has agreed to pay 1.
19 billion pounds per year to air Premier League football games through to 2022, the British broadcaster said on Wednesday.
Starting with the 2019/2020 season and until 2021/22, Sky will broadcast 128 games each season, two more than 126 matches at present, in a deal that will be 199 million pounds cheaper per annum, representing a 16% cost reduction per game versus the current agreement, the broadcaster said.
Analysts at UBS described this as a "good outcome" for Sky.
"Sky retains its grip on Premier League at notably lower cost," the broker wrote in a report.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
19 billion pounds per year to air Premier League football games through to 2022, the British broadcaster said on Wednesday.
Starting with the 2019/2020 season and until 2021/22, Sky will broadcast 128 games each season, two more than 126 matches at present, in a deal that will be 199 million pounds cheaper per annum, representing a 16% cost reduction per game versus the current agreement, the broadcaster said.
Analysts at UBS described this as a "good outcome" for Sky.
"Sky retains its grip on Premier League at notably lower cost," the broker wrote in a report.
Copyright (c) 2018 CercleFinance.com. All rights reserved.