English Premier League broadcast rights rise to $12 billion

MarketsAssociated Press

The cost of English Premier League broadcast rights has risen almost 8% to 9.2 billion pounds ($12 billion) for the next three seasons.

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Despite a drop in the value of domestic rights, interim chief executive Richard Masters says foreign broadcasters are paying about 30% more for games.

Masters says overseas companies who can show all 380 games live each season are paying 4.2 billion pounds in the 2019-2022 cycle, up from 3.1 billion pounds.

Masters told the FT Business of Football Summit that domestic broadcast rights have dropped in value from 5.4 billion pounds to 5 billion pounds despite 200 games being sold rather than 168 in the 2016-19 cycle. Comcast-owned Sky will show the most matches in Britain, followed by BT Sport, while Amazon became the first internet streaming service to gain rights.

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