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TMCNet: BT buys ESPN'S UK and Ireland TV channels

[February 25, 2013]

BT buys ESPN'S UK and Ireland TV channels

(Guardian Web Via Acquire Media NewsEdge) BT has continued its expansion into sports broadcasting, acquiring ESPN'S UK and Ireland TV channels business in a deal understood to be worth just over £10m.

The telecoms company will continue to broadcast at least one ESPN-branded channel after the deal's expected completion date of 31 July, as part of its BT Sport package of services.

However, ESPN Classic, which is not part of the BT deal, is expected to cease transmission across the Europe, Middle East and Africa.

BT is understood to be paying "low tens of millions" to acquire Disney-owned ESPN's UK and Ireland business.

Disney revealed earlier this month that it was "exploring an exit" from the UK TV sport market after ESPN lost several big broadcast rights deals including live Premier League football.


More details soon...

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