Premier League Terminates TV Rights Contract In China

RealGM Wiretap
RealGM
Posts: 115,426
And1: 313
Joined: Mar 19, 2013

Premier League Terminates TV Rights Contract In China 

Post#1 » by RealGM Wiretap » Fri Sep 4, 2020 1:04 am

The Premier League has terminated its TV rights contract in China two years early, which will create an immediate and major financial hole.

PPTV, a division of the Chinese conglomerate Suning Holdings, withheld a £160 million installment that was due in March.

PP Sports committed in November 2016 to pay £564m for the live rights from 2019-22, to be shown in a mix of free-to-air and subscription packages.

Via David Conn, David Hytner/The Guardian

Return to Wiretap Headlines Discussion