Telefonica secures La Liga rights for EUR 2.94 billion

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(Telecompaper) Telefonica announced that it paid EUR 980 million a season for domestic TV rights to air live matches from La Liga over the next three seasons (2019-22). In a statement, the company said it paid over 5 percent less for the rights than in the previous three-year auction, allowing it to control the content broadcast on its Movistar+ pay-TV service and licence its La Liga channels to other operators. 
Source: Industry News (syndicated from Telecompaper.com)

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