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CCV - Churchill Capital V News Story

$9.95 -0.0  -0.2%

Last Trade - 27/07/21

Sector
Financials
Size
Mid Cap
Market Cap £451.0m
Enterprise Value £450.5m
Revenue £n/a
Position in Universe 3387th / 7000

UPDATE 1-Sky Italia turns to antitrust watchdog against DAZN-TIM's Serie A deal

Tue 22nd June, 2021 11:53am
(Adds comment)
    MILAN, June 22 (Reuters) - Comcast's unit  CMCSA.O  Sky
Italia on Tuesday said it had appealed to the country's
competition authorities against an accord between sports
streaming app DAZN and phone group Telecom Italia  TLIT.MI  to
screen top league football matches.
    In a blow to Sky Italia, DAZN has secured the right to
screen all Serie A matches in Italy over the next three seasons
for 2.5 billion euro ($3.0 billion), striking also a
distribution agreement with TIM.
     SKY Italia said in a statement the accord strengthened
TIM's dominant position in the broadband market by preventing
DAZN from distributing the Serie A matches through other
operators. 
    ($1 = 0.8410 euros)

 (Reporting by Elvira Pollina, editing by Valentina Za, Cristina
Carlevaro)
 ((cristina.carlevaro@thomsonreuters.com; +39 06 80307729;))
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