BT Group PLC BT SPORT RETAINS LIVE UK PREMIER LEAGUE RIGHTS (8039E)
14 February 2018 - 6:00PM
UK Regulatory
TIDMBT.A
RNS Number : 8039E
BT Group PLC
13 February 2018
DC 18-053 13 February 2018
BT SPORT RETAINS LIVE UK PREMIER LEAGUE RIGHTS FOR THREE MORE
YEARS FROM 2019/20 SEASON
Following today's announcement by the Premier League, we are
pleased to confirm that BT will continue to show Premier League
matches on BT Sport for a further three years from the 2019/20
season, adding to the exclusive line-up of premium European
football and rugby that sports fans already enjoy.
BT Sport will continue to show games at 5.30pm on Saturdays next
season and then move to Saturday lunchtime fixtures from August
2019.
BT has remained financially disciplined during this process and
remains in a strong position to make a return on this investment
through subscription, wholesale, commercial and advertising
revenues, especially following the acquisition of EE, which more
than doubled BT's customer base.
BT recently agreed a multi-year agency deal to market and sell
Sky's NOW TV service to BT customers, which includes Sky Sports,
from early 2019.
Marc Allera, chief executive of BT's Consumer division, said:
"The Premier League is undoubtedly the most competitive and
exciting domestic league in the world, so we're delighted that our
customers will be able to continue enjoying Saturday games on BT
Sport.
The Premier League is a big part of our live sport line-up,
which includes the UEFA Champions League and UEFA Europa League,
the Emirates FA Cup, MotoGP, boxing, Aviva Premiership rugby and
European Rugby Champions Cup."
"BT Sport is enjoyed by over five million households and pubs
and clubs across the UK. We are excited about the opportunity to
bring this great content to even more TV and mobile customers as we
pursue our strategy of being the best provider of converged network
services in the UK."
BT has made top tier sport far more affordable in the UK in
recent years. BT TV customers can access all of the action on BT
Sport from just GBP3.50 a month.
The channels are available via BT TV and the BT Sport App, to EE
customers, on the Sky platform and to Virgin Media customers.
Audience figures continue to grow on BT Sport, with average viewing
up 23% year on year in the last quarter, its best performance since
launch in August 2013.
The rights will cost GBP295m per season for 32 games. A deposit
of GBP26.5m is payable this month followed by six instalments of
around GBP145m starting in July 2019, payable every six months
until December 2021.
The Premier League auction remains ongoing and BT will continue
to engage with the Premier League regarding the remaining
rights.
Notes to Editors
For further information
Enquiries about this news release should be made to the BT Group
Newsroom 020 7356 5369. From outside the UK dial + 44 20 7356 5369.
All news releases can be accessed at our web site. You can also
subscribe to receive all BT announcements here and you can follow
us on Twitter here.
About BT
BT's purpose is to use the power of communications to make a
better world. It is one of the world's leading providers of
communications services and solutions, serving customers in 180
countries. Its principal activities include the provision of
networked IT services globally; local, national and international
telecommunications services to its customers for use at home, at
work and on the move; broadband, TV and internet products and
services; and converged fixed-mobile products and services. BT
consists of six customer-facing lines of business: Consumer, EE,
Business and Public Sector, Global Services, Wholesale and
Ventures, and Openreach.
For the year ended 31 March 2017, BT Group's reported revenue
was GBP24,062m with reported profit before taxation of
GBP2,354m.
British Telecommunications plc (BT) is a wholly-owned subsidiary
of BT Group plc and encompasses virtually all businesses and assets
of the BT Group. BT Group plc is listed on stock exchanges in
London and New York.
For more information, visit www.btplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 14, 2018 02:00 ET (07:00 GMT)
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