Will BSkyB’s Soccer Rights Loss Be A Win For British TV Producers?

Shares in 21st Century Fox-controlled BSkyB were up today in London after falling as much as 10% on Monday. That drop came after the UK’s BT Sport scored a big goal by winning the exclusive broadcast rights to 350 UEFA Champions League and Europa League soccer matches per year from the 2015/2016 season. The £897M ($1.4B) deal that was announced Saturday marks the first time a single UK broadcaster has won the exclusive live rights to all matches from both tournaments (BSkyB and ITV currently share them). It was seen as a big kick in the shins to Britain’s leading pay-TV group, but could end up as a boon for British producers. Sky’s recent growth is through its entertainment channels, while premium sports and movies are relatively stable. So, increasing the pot on acquisitions and original commissions looks like “a sensible place to keep investing,” I’m told. (more…)

This article was printed from https://deadline.com/2013/11/will-bskybs-soccer-rights-loss-be-a-win-for-british-tv-producers-632196/