"The US media and entertainment giant Paramount Skydance has won the auction for the rights to broadcast most Champions League matches in the UK from 2027 to 2031 in a major shake-up of the domestic rights market. The Guardian has learned that Paramount, whose subsidiary company Paramount+ owns the rights for Champions League games in the US, made the largest bid in this week's auction and an announcement is due."
"Paramount Skydance is led by David Ellison, whose father, Larry Ellison, co-founded Oracle and is an ally of Donald Trump. It was reported by Al Jazeera this week that Paramount was preparing a $71bn bid for Warner Bros Discovery, which owns TNT Sports. In the context of a potential takeover the future of TNT Sports is unclear. Paramount's deal would give them every Champions League game live in the UK other than the first pick of Tuesday night matches, which was auctioned separately to the five major European markets collectively for the first time."
Paramount Skydance won the auction for most UK Champions League broadcast rights from 2027 to 2031 after submitting the largest bid. The deal covers every live Champions League game in the UK except the first pick of Tuesday night matches, which was auctioned separately across five major European markets and went to Amazon Prime in the UK, Germany and Italy. Paramount Skydance is led by David Ellison and has been linked to a potential $71bn bid for Warner Bros Discovery, owner of TNT Sports, creating uncertainty over TNT's future. Canal+ will show all fixtures in France, while the Spanish tender continues with Movistar and Paramount competing.
#champion-s-league-broadcast-rights #paramount-skydance #amazon-prime #media-mergers-and-acquisitions
Read at www.theguardian.com
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