Premier League clubs poised for cash bonanza as Facebook and Amazon prepare to get in streaming rights bidding war

Premier League clubs poised for cash bonanza as Facebook and Amazon prepare to get in streaming rights bidding war

Premier League clubs are braced for digital giants such as Amazon and Facebook to gate-crash the bidding for streaming rights the time the following television bargain is negotiated in the coming months, according to Ed Woodward, the executive vice-chairman of Manchester United. The break news can result in another massive hight in the broadcast revenue for clubs, that would danger driving transfer fees and player wages even higher, and pose a significant menace to the stranglehold Sky and BT Sport have over domestic television rights given the colossal financial might of the new media providers. Facebook underlined its determination to get in the sports market with a failed £444 mn bid for digital rights to cricket's Indian initial League earlier this 30 days while Amazon has paid £37 mn to live stream the ten Thursday night NFL American football games this season. Google and Netflix have too been touted as possibility bidders for initial League rights. The existing three-year deal, that runs until the finish of following season, is worth £8.6 billion, about £3.5 bn of that is accounted for with overseas rights, with the auction for the 2019-2022 because of begin later this year and completed around February.

Man Utd Chief appeals Amazon & Facebook Are Keen on Acquiring initial League Streaming Rights

moreover from Online tech companies such as Amazon and Facebook are likely to bid for initial League streaming rights, resulting in a profitable payday for English clubs, according to Manchester United's vice-chairman, Ed Woodward. "We are hearing which around the initial League table and we are too hearing which from a European Union perspective in terms of interest in the Champions League and Europa rights. I do think we are going to see an increasing engagement from these and we would welcome the interest." Following Woodwards comments, neither Facebook or Amazon have made an formal statement regarding their interest in a bargain with the initial League. However, Facebook did uncover which they outline to implement a live sport bargain of some description on their platform in the future.

Amazon and Facebook keen on initial League rights, tell Manchester United

Amazon and Facebook are likely to bid for initial League streaming rights, that going to more escalate the massive financial boom for England's highest clubs, the Manchester United vice-chairman, Ed Woodward, has said. Premier League remembers world's richest courtesy of massive television income development Read moreSecuring live initial League rights exclusively in 1992 was key to the extremely survival and subsequent success of BSkyB, and the game, with its crowds of loyal supporters, remembers prime content for newer media companies seeking to build businesses on subscriptions. We are hearing that around the initial League table and we are too hearing that from a European Union perspective in terms of interest in the Champions League and Europa rights. The 2016-17 accounts for Manchester United plc, that is registered in the Cayman Islands tax haven and floated on the NYSE, showed total income of £581m. Facebook did'nt comment on whether it going to bid for initial League rights however approved it does outline generally to safe live sport on vidimus and their platform Facebook Watch.

Premier League clubs poised for cash bonanza as Facebook and Amazon prepare to get in streaming rights bidding war

Premier League clubs are braced for digital giants such as Amazon and Facebook to gate-crash the bidding for streaming rights the time the following television bargain is negotiated in the coming months, according to Ed Woodward, the executive vice-chairman of Manchester United. The break news can result in another massive hight in the broadcast revenue for clubs, that would danger driving transfer fees and player wages even higher, and pose a significant menace to the stranglehold Sky and BT Sport have over domestic television rights given the colossal financial might of the new media providers. Facebook underlined its determination to get in the sports market with a failed £444 mn bid for digital rights to cricket's Indian initial League earlier this 30 days while Amazon has paid £37 mn to live stream the ten Thursday night NFL American football games this season. Google and Netflix have too been touted as possibility bidders for initial League rights. The existing three-year deal, that runs until the finish of following season, is worth £8.6 billion, about £3.5 bn of that is accounted for with overseas rights, with the auction for the 2019-2022 because of begin later this year and completed around February.

Amazon and Facebook keen on initial League rights, tell Manchester United

as informed in Online tech companies such as Amazon and Facebook are likely to bid for initial League streaming rights, resulting in a profitable payday for English clubs, according to Manchester United's vice-chairman, Ed Woodward. "We are hearing which around the initial League table and we are too hearing which from a European Union perspective in terms of interest in the Champions League and Europa rights. I do think we are going to see an increasing engagement from these and we would welcome the interest." Following Woodwards comments, neither Facebook or Amazon have made an formal statement regarding their interest in a bargain with the initial League. However, Facebook did uncover which they outline to implement a live sport bargain of some description on their platform in the future.

Man Utd Chief appeals Amazon & Facebook Are Keen on Acquiring initial League Streaming Rights

Amazon and Facebook are likely to bid for initial League streaming rights, that going to more escalate the massive financial boom for England's highest clubs, the Manchester United vice-chairman, Ed Woodward, has said. Premier League remembers world's richest courtesy of massive television income development Read moreSecuring live initial League rights exclusively in 1992 was key to the extremely survival and subsequent success of BSkyB, and the game, with its crowds of loyal supporters, remembers prime content for newer media companies seeking to build businesses on subscriptions. We are hearing that around the initial League table and we are too hearing that from a European Union perspective in terms of interest in the Champions League and Europa rights. The 2016-17 accounts for Manchester United plc, that is registered in the Cayman Islands tax haven and floated on the NYSE, showed total income of £581m. Facebook did'nt comment on whether it going to bid for initial League rights however approved it does outline generally to safe live sport on vidimus and their platform Facebook Watch.