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- Following its announcement of exclusive discussions on 3 February 2022, BT Group has agreed a set of definitive agreements with Warner Bros. Discovery to form a 50:50 joint venture company to create a new premium sport offering for the UK and Ireland and to transfer the operating businesses of BT Sport to Warner Bros. Discovery.
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As part of the Transaction, BT plc and Warner Bros. Discovery will each enter into distribution agreements with the JV to become the official UK distributor of the JV’s sports channels across both sets of platforms.
Sep 1, 2022 · LONDON, 1 September 2022: Warner Bros. Discovery and BT Group have today completed their transaction to form a 50:50 Joint Venture (JV) that combines the assets of BT Sport and Eurosport UK.
May 12, 2022 · As part of the Transaction, BT plc and Warner Bros. Discovery will each enter into distribution agreements with the JV to become the official UK distributor of the JV's sports channels across both sets of platforms.
- Why Did Bt Want to Sell?
- Why Was Discovery Interested?
- What Happens Now?
- What Will The New Service Be called and Will ESPN Content Still Be included?
- What Rights Will Bt Eurosport Go After?
- What Will Happen from A Technological standpoint?
- Can Bt Eurosport Challenge Sky Sports?
When BT Sport arrived on the scene a decade ago, it was clear that it had the financial power and motivation to challenge Sky for a sustained period of time in a way that ESPN or Setanta Sports would or could not. For BT, the acquisition of Premier League soccer rights was partly a defensive move. At a time when the UK communications market was tre...
The initial frontrunner was widely believed to be sports streaming service DAZN, which was keen to find an entry route into its home market. However, negotiations are understood to have fallen throughafter neither side was able to provide the guarantees that the other wanted – BT wanted DAZN to commit to retaining a certain rights portfolio, while ...
In the immediate future, viewers will not notice anything. BT Sport and Eurosport will continue as separate entities while the deal goes through regulatory approval, a process that neither party has any concerns about. Once competition authorities have given the transaction their blessing, the assets of both operations will be combined into a singl...
Although it’s fun to speculate, there is no clear indication what the combined service will be called. It could be something as simple as BT Eurosport, which will be used for the purposes of this article, but it would be a surprise if this was anything other than a working title. BT might not be involved in a few years and although Eurosport is wel...
The joint venture already has a wide range of rights and the focus is likely to be on integration and maximising the portfolio rather than aggressively pursuing new properties. The most important rights in the UK are Premier League soccer and although BT Sport has a less attractive package than Sky, it has a seat at the table and last year extended...
One of the things that has differentiated BT Sport since its inception is technology. Its application helped normalise the idea of streaming in the UK and it has since experimented with virtual reality (VR), social viewing, and interactive timelines. Behind the scenes, the channel has used all of the BT Group’s available resources to make use of re...
At face value, this is the strongest test Sky will have ever faced in the UK market. But that doesn’t necessarily mean it will be worried. The fact that it has extended its carriage deal with the joint venture until 2030 indicates that cooperation is the order of the day. Meanwhile, there is no suggestion that BT Eurosport plans on reigniting the b...
Warner Bros. Discovery Sports Europe includes the much-loved consumer brands Eurosport, Global Cycling Network (GCN), Global Mountain Bike Network (GMBN), Golf Digest and GOLFTV powered by PGA TOUR, as well sports programming and content on discovery+ and Discovery’s free-to-air TV networks.
May 12, 2022 · As part of the Transaction, BT plc and Warner Bros. Discovery will each enter into distribution agreements with the JV to become the official UK distributor of the JV's sports channels...
May 12, 2022 · BT has finalised its long-awaited deal with US media group Warner Bros Discovery to form a joint venture for its sport business, as the UK telecoms group stages a managed exit from sports...
