March 29, 2024

Taylor Daily Press

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NBC pays 38 2.38 billion for broadcasting rights to the American Premier League

NBC pays 38 2.38 billion for broadcasting rights to the American Premier League

(Belka) The American television channel NBC announced on Friday that it has extended the contract for the broadcasting rights of the Premier League in the United States for another six years.

In total, it’s about $ 2.7 billion (38 2.38 billion) worth of contracts, almost doubling the amount NBC paid in 2016. Since 2013, they have acquired the US broadcasting rights to the world’s most-mediated football league. Thanks to the new deal, Premier League clubs will be able to absorb some of the losses already caused by the corona virus. Clubs are said to have lost about 2.38 billion euros since the outbreak began. However, a significant portion of the revenue, about 9 1.9 billion, will go down in the football pyramid over the next three years to help clubs in the lower echelons. Broadcasting rights have been sold to North America, Europe, the Middle East and Africa, while negotiations for Central and South America and Asia are still ongoing. In the UK, the TV contract was extended six months ago to three years by 2025. The initial deal was reached in 2018 and is valued at 4. 4.7 billion (approximately .5 5.5 billion), ten percent less than the previous deal. To prevent further price fall, tender procedure has not been conducted. Broadcasting rights are in the hands of Sky Sports, BT Sport, Amazon Prime Video and BBC Sport (Belgium).

In total, it’s about $ 2.7 billion (38 2.38 billion) worth of contracts, almost doubling the amount NBC paid in 2016. Since 2013, they have acquired the US broadcasting rights to the world’s most-mediated football league. Thanks to the new deal, Premier League clubs will be able to absorb some of the losses already caused by the corona virus. Clubs are said to have lost about 2.38 billion euros since the outbreak began. However, a significant portion of the revenue, about 9 1.9 billion, will go down in the football pyramid over the next three years to help clubs in the lower echelons. Broadcasting rights have been sold to North America, Europe, the Middle East and Africa, while negotiations for Central and South America and Asia are still ongoing. In the UK, the TV contract was extended six months ago to three years by 2025. The initial deal was reached in 2018 and is valued at 4. 4.7 billion (approximately .5 5.5 billion), ten percent less than the previous deal. To prevent further price fall, tender procedure has not been conducted. Broadcasting rights are in the hands of Sky Sports, BT Sport, Amazon Prime Video and BBC Sport (Belgium).

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