Original article by Martin Pegan
The Guardian Australia – Page: Online : 1-Jul-25
Nine Entertainment has struck a deal to acquire the sports broadcasting rights that are currently held by telco Optus. They include the English Premier League, the FA Cup and the National Women’s Soccer League, which will all shift from Optus Sport to Stan Sport. The deal is said to be worth about $300m in total, and Optus is believed to have agreed to contribute about $40m to the estimated annual cost of $100m per annum for the final three years of its broadcasting rights deal for EPL matches. The Optus Sport platform was launched in 2006, but it will be shut down at the end of July; this will allow Optus to focus on its core business.
CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, STAN SPORT, OPTUS SPORT, SINGTEL OPTUS PTY LTD, ENGLISH PREMIER LEAGUE, FOOTBALL ASSOCIATION LIMITED, NATIONAL WOMEN’S SOCCER LEAGUE