Canal+ acquires French Champions League rights

Canal+ will pay €480M ($499M) per season for the French rights to the Champions League from '24-27. The French broadcaster has acquired a package of rights that also includes the UEFA Europa League and Conference League, but will not be able to carry the Champions League final, as it is a "protected event" in France that must air on free-TV. The French Champions League rights had until now belonged to RMC Sport, Canal+ and beIN Sports. In France, free-TV broadcaster TF1 holds the rights to the UCL final through '24. After that, M6 will carry the final in a deal worth €4M ($4.2M) per season. One reason Canal+ is investing in the Champions League rights is that starting in '24, Ligue 1 will have an additional team competing in the tournament (PALCO23, 6/30).

SBJ Morning Buzzcast: August 8, 2022

Darren Eales departs United; MLB gets a boost at the gate this weekend; Tributes in Canton and Nick Faldo's tearful sign-off.

SBJ Spotlight: Warner Bros. Discovery

CNBC media reporter Alex Sherman joins SBJ’s John Ourand to discuss Warner Bros. Discovery’s streaming strategy. The two talk about the company’s interest in sports rights, with Sherman noting that the company is in a cost-cutting mode, which is one reason why it has not been active in media rights negotiations over the past several months.

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