Netflix Seeks to Snap Up Premier League Rights in Wake of Warner Bros. Discovery Takeover
A $100bn-plus takeover battle for Warner Bros Discovery (WBD) between Netflix and its rival Paramount Skydance has sent shockwaves through the sports broadcasting world, leaving many wondering if the Premier League rights will ultimately end up with the streaming giant despite its reluctance to invest in premium sporting properties.
For years, Netflix has politely rebuffed Premier League and Uefa entreaties to bid for their TV rights. However, with a landmark deal struck last year securing US rights to the 2027 and 2031 Women's World Cups, it appears that the streaming giant may be willing to dip its toes into the lucrative global sports market.
The Paramount offer is for WBD studios, streaming, and Discovery Global, including TNT Sports' UK operation. The deal includes domestic rights for the Premier League until 2029 and Champions League until 2027. While Netflix has not bid for WBD's Discovery Global network of channels, its deal does include TNT Sports' UK operation.
The Premier League has been courting Netflix for almost a decade by offering packages of games designed for streaming companies. Amazon Prime bought the rights for two rounds of top-flight matches each season between 2019 and 2025 before reverting to Sky Sports for the new four-year deal that began this season.
Uefa has fared little better with Netflix, which made a modest offer that failed to reach the second round of bidding for the Champions League streaming packages sold in November in the five biggest European markets. Paramount+ and Amazon bought the rights in the UK, Italy, and Germany, while Telefonica and Canal+ reaffirmed their domestic dominance in Spain and France.
The Premier League would view Netflix as a welcome addition to its broadcast stable, particularly given the uncertainty surrounding the takeover. With even Sky's budgets under pressure due to Comcast's proposed purchase of ITV, more games for sale is likely to require more broadcast partners.
As planning for the next auction gets underway, the Premier League will be watching with bated breath to see if Netflix emerges as a major player in the market. The timing could not be better, with discussions over withdrawing from Article 48 of Uefa's statutes governing the 3pm Saturday blackout set to begin this year.
While it remains to be seen how the takeover will pan out and what plans Netflix has for sport, one thing is certain - the future of global sports broadcasting hangs in the balance.
A $100bn-plus takeover battle for Warner Bros Discovery (WBD) between Netflix and its rival Paramount Skydance has sent shockwaves through the sports broadcasting world, leaving many wondering if the Premier League rights will ultimately end up with the streaming giant despite its reluctance to invest in premium sporting properties.
For years, Netflix has politely rebuffed Premier League and Uefa entreaties to bid for their TV rights. However, with a landmark deal struck last year securing US rights to the 2027 and 2031 Women's World Cups, it appears that the streaming giant may be willing to dip its toes into the lucrative global sports market.
The Paramount offer is for WBD studios, streaming, and Discovery Global, including TNT Sports' UK operation. The deal includes domestic rights for the Premier League until 2029 and Champions League until 2027. While Netflix has not bid for WBD's Discovery Global network of channels, its deal does include TNT Sports' UK operation.
The Premier League has been courting Netflix for almost a decade by offering packages of games designed for streaming companies. Amazon Prime bought the rights for two rounds of top-flight matches each season between 2019 and 2025 before reverting to Sky Sports for the new four-year deal that began this season.
Uefa has fared little better with Netflix, which made a modest offer that failed to reach the second round of bidding for the Champions League streaming packages sold in November in the five biggest European markets. Paramount+ and Amazon bought the rights in the UK, Italy, and Germany, while Telefonica and Canal+ reaffirmed their domestic dominance in Spain and France.
The Premier League would view Netflix as a welcome addition to its broadcast stable, particularly given the uncertainty surrounding the takeover. With even Sky's budgets under pressure due to Comcast's proposed purchase of ITV, more games for sale is likely to require more broadcast partners.
As planning for the next auction gets underway, the Premier League will be watching with bated breath to see if Netflix emerges as a major player in the market. The timing could not be better, with discussions over withdrawing from Article 48 of Uefa's statutes governing the 3pm Saturday blackout set to begin this year.
While it remains to be seen how the takeover will pan out and what plans Netflix has for sport, one thing is certain - the future of global sports broadcasting hangs in the balance.