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BT Sport Euro football winner what a price! - Venture Insights

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BT Sport Euro football winner what a price!

PublisherEnders Analysis.
Publish Date November 12, 2013
Sector Fixed Line (Internet and Voice), FTA TV, Pay TV, Sports.
Company BT, ITV, Sky Group.

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BT has doubled the price of the live ECL/EEL rights to £900m in order to outbid Sky and ITV and become the sole owner from 2015/16 to 2017/18 BT can easily absorb these extra costs through cost savings in other parts of its business, but the direct revenue returns through subscription charges and advertising on BT Sport are expected to fall far below the annual rights payments of £300m BT’s Euro victory is not a game changer in itself, but eyes are now firmly fixed on the next auction in about 18 months time of live PL rights, which could prove to be an inflationary bloodbath for all market participants