CBS, Univision Land Champions League Rights In U.S.

CBS and Univision picked up the rights to UEFA Champions League coverage in the U.S. for a three-year period from the fall of '21 to the spring of '24, according to multiple sources. Neither the networks nor the league would comment on the deal. Sources peg the average annual value of the three-year deal at around $150M combined. It is not known how much each network is paying. The previous rights holders, Turner and Univision, were paying close to $100M per year combined. CBS picked up the UCL’s English-language rights and plans to carry games on its broadcast channel, CBSSN cable network and CBS All-Access OTT platform.

For more, see Friday's issue of Closing Bell.