Churchill Capital V logo

CCV - Churchill Capital V News Story

$9.91 -0.0  -0.4%

Last Trade - 14/05/21

Sector
Financials
Size
Mid Cap
Market Cap £483.3m
Enterprise Value £482.3m
Revenue £n/a
Position in Universe 3217th / 6846

UPDATE 1-German TV channel Sat.1 to get slice of Bundesliga action

Mon 22nd June, 2020 11:34am
(Adds context)
    MUNICH, June 22 (Reuters) - German TV channel Sat.1
 PSMGn.DE  has won the rights to show nine live soccer matches
per season on its free-to-air channels from 2021, a source
familiar with the rights auction said. 
    The Bundesliga will on Monday award national broadcast
rights for the four seasons from 2021-22, with the value likely
to decline from the previous agreement. urn:newsml:reuters.com:*:nL8N2DY0DW
    The bulk of the action will again be shown on pay TV
broadcaster Sky, owned by U.S. group Comcast Corp  CMCSA.O ,
while sports streaming service DAZN will also pick up the rights
to a large number of matches, according to sources close to the
matter.
    The Sat.1 games will be the only live matches on free to air
-- they will comprise three games from the top Bundesliga
division, one second division match, the annual Supercup and
four relegation playoff fixtures.
    The new Bundesliga rights deal is expected to generate 
around 4.3 billion euros ($4.8 billion) in total.
    The current four-year deal, which runs until the end of next
season, is worth 4.6 billion euros, an 85% jump from the
previous agreement. It covers TV, radio and online rights to
matches played by the 36 clubs in the top two German divisions.
 
($1 = 0.8917 euros)

 (Reporting by Alexander Hübner,
Writing by Arno Schuetze and Keith Weir
Editing by Ed Osmond)
 ((arno.schuetze@thomsonreuters.com; +49.69.7565.1197; Reuters
Messaging: arno.schuetze.reuters.com@reuters.net))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.