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Universal Sports TV Channel Slated To Shut Down Next Month
Published October 21, 2015
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The decision to shutter Universal altogether was described as “shocking” by one source. It is unclear how NBC will use those rights on its existing channels, like NBCSN. NBC Sports Group emailed a statement saying, “We are thrilled to be finalizing an agreement with Universal Sports that will provide NBCUniversal and NBC Sports with an impressive collection of media rights to some of the world’s most prestigious sporting events. We will have more information regarding our plans when the transaction closes in November.”
The uncertainty surrounding Universal’s future, which has lasted throughout most of '15, has frustrated some Olympic sports NGBs as they tried to do deals covering '16 while not knowing the channel’s future.