July 20, 2025
 Pr
Advertisement

SPORTS

The midfielder will be playing at this evening's Chelsea vs Liverpool match. It will start in about 10mins ...

Published by Admin

NEWS VIDEOS

Firefighters have dramatically stopped a man jumping to his death while holding a two-year-old child by kicking him through ...

Published by Admin

TECHNOLOGY

...

Published by Admin

HEALTH NEWS

 Lane Goodwin, a small-town boy who won a huge Facebook following for his thumbs-up attitude about his cancer...

Published by Admin

WORLD NEWS

A woman beheaded in a Saudi street for killing her husband's 6yr old daugh [...]

Published by Admin
20 Jan 2015 0 comments

Captain Hannah Winterbourne (right) is the first transgender officer in the [...]

Published by Admin
19 Jan 2015 0 comments

AFRICAN NEWS

According to BBC, 20 out of the 80 people captured by members of Boko Har [...]

Published by Admin
19 Jan 2015 0 comments

The Federal government through the Minister of Foreign Affairs, Ambassador [...]

Published by Admin
19 Jan 2015 0 comments

Pupils of Langata primary school in Kenya were this morning tear-gassed by [...]

Published by Admin
19 Jan 2015 0 comments
Pin It

Widgets

Rupert Murdoch's News Corp. Inks $1.24 Billion Dutch Soccer League Right Deal

By Delords - Wednesday, August 8, 2012

Rupert Murdoch's News Corp. has taken a 51 percent stake in Erdivisie Media & Marketing, the group that controls the rights to the Dutch premier soccer league, from owner Endemol for an undisclosed sum. Fox replaces Endemol in the Erdivisie joint venture, with the Dutch soccer league remaining the minority partner and retaining its 49 percent stake in the rights group.

The conglomerate takes control of rights group Eredivisie, locking up Dutch premier league rights for the next 12 years.


The deal commits News Corp.'s Fox International Channels to pay $1.24 billion (€1 billion) for rights to the Dutch league over the next 12 years starting with the 2013/2014 season. The agreement, the largest of its kind in the history of Dutch soccer, will see News Corp. pay $74 million (€60 million) for the first year rising to $124 million (€100 million) for the final season.

Because pay-TV penetration is low in the Netherlands - below 10 percent of total households, Fox is likely to sell on the soccer rights instead of holding them exclusively for themselves in the territory.

News Corp. obviously sees a bright future in European soccer. The Dutch deal follows a $3.5 billion, three-year deal for rights to England's Premiere league signed by News Corp.'s British pay TV group BSkyB and a $3.3 billion deal by the company's German pay TV operation Sky Deutschland for the rights to the next four seasons of Germany's Bundesliga.

Do you want More Free News Updates..?

Get Free Email Updates Daily!

Follow us!

Follow our blog on Twitter, become a fan on Facebook. Stay updated via RSS

0 comments for "Rupert Murdoch's News Corp. Inks $1.24 Billion Dutch Soccer League Right Deal"

Leave a Reply

Pages 22123456 »
Advertisement