TWI PART OF JOINT $170M BID FOR ENGLISH SOCCER LEAGUE RIGHTS
The English Premier soccer league has agreed "to a
record-breaking" $170M, three-year deal with a joint venture
involving IMG's Mark McCormack and French pay TV group Canal
Plus for TV rights outside the U.K., according to Juliana
Koranteng of the HOLLYWOOD REPORTER. The deal, which will
"sell international broadcasters matches involving the
league's 20 teams, almost quadruples" the $15.3M paid
annually by previous rights holder CSI since '92. Although
the deal has not been confirmed, the Premier League "is said
to have preferred the offer" from McCormack's TWI and Canal
Plus because "it promised to extend the games' reach from
Europe and Australia to the much-coveted Asian market"
(Juliana Koranteng, HOLLYWOOD REPORTER, 11/17).