Netflix in a Fugue for Football Rights?
The world's most-watched streaming service is not giving up on its pursuit of Premier League rights despite years of polite rebuffs from both the Premier League and UEFA. With its recent acquisition of Warner Bros Discovery, worth over $100 billion, Netflix stands to inherit some of WBD's sporting assets - including the UK-based TNT Sports operation that currently holds domestic rights for the Premier League until 2029.
However, the implications of this deal are far from clear-cut. While Netflix has expressed interest in adding certain sports properties to its entertainment portfolio, it would need to continue bidding on a market-by-market basis if it were to inherit TNT Sport's UK rights as part of WBD's takeover. This is an intriguing outcome, one that could prove to be a masterstroke for the Premier League.
Historically, Netflix has targeted global rights deals for high-profile events such as boxing matches and tennis tournaments. But with its recent deal securing US rights to the 2027 and 2031 Women's World Cups, the streaming giant appears willing to veer away from this preferred model. Given UEFA's failed bid for a global Champions League streaming package, it seems unlikely that the Premier League will sell its rights on a global basis in its post-2029 cycle.
The Premier League is well-positioned to capitalize on any uncertainty surrounding Netflix's plans for sports. As it navigates its current domestic rights deal with Sky Sports and TNT Sports, the league is also planning for the next auction. Discussions over withdrawing from Article 48 of UEFA's statutes governing the 3pm Saturday blackout are set to take place in the first quarter of this year.
With Sky's budgets under pressure due to Comcast's proposed purchase of ITV, more games on sale are likely to require additional broadcast partners. The Premier League is building its own international production headquarters and has raised speculation about selling some games direct to consumers, cutting out the broadcasting middlemen. However, unlike in France, this would be a huge gamble that is not required.
In this topsy-turvy world of football rights, Netflix stands as a welcome addition to the Premier League's broadcast stable - an outcome that could prove beneficial for both parties involved. As one insider noted, "No one has any idea, frankly... There is so much uncertainty surrounding the takeover."
The world's most-watched streaming service is not giving up on its pursuit of Premier League rights despite years of polite rebuffs from both the Premier League and UEFA. With its recent acquisition of Warner Bros Discovery, worth over $100 billion, Netflix stands to inherit some of WBD's sporting assets - including the UK-based TNT Sports operation that currently holds domestic rights for the Premier League until 2029.
However, the implications of this deal are far from clear-cut. While Netflix has expressed interest in adding certain sports properties to its entertainment portfolio, it would need to continue bidding on a market-by-market basis if it were to inherit TNT Sport's UK rights as part of WBD's takeover. This is an intriguing outcome, one that could prove to be a masterstroke for the Premier League.
Historically, Netflix has targeted global rights deals for high-profile events such as boxing matches and tennis tournaments. But with its recent deal securing US rights to the 2027 and 2031 Women's World Cups, the streaming giant appears willing to veer away from this preferred model. Given UEFA's failed bid for a global Champions League streaming package, it seems unlikely that the Premier League will sell its rights on a global basis in its post-2029 cycle.
The Premier League is well-positioned to capitalize on any uncertainty surrounding Netflix's plans for sports. As it navigates its current domestic rights deal with Sky Sports and TNT Sports, the league is also planning for the next auction. Discussions over withdrawing from Article 48 of UEFA's statutes governing the 3pm Saturday blackout are set to take place in the first quarter of this year.
With Sky's budgets under pressure due to Comcast's proposed purchase of ITV, more games on sale are likely to require additional broadcast partners. The Premier League is building its own international production headquarters and has raised speculation about selling some games direct to consumers, cutting out the broadcasting middlemen. However, unlike in France, this would be a huge gamble that is not required.
In this topsy-turvy world of football rights, Netflix stands as a welcome addition to the Premier League's broadcast stable - an outcome that could prove beneficial for both parties involved. As one insider noted, "No one has any idea, frankly... There is so much uncertainty surrounding the takeover."