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Spain's Telefonica Snags Barcelona Soccer TV Rights

2015-02-17 14:03:51| Telecom - Topix.net

In a deal that gives Telefonica a significant boost in its quest to become Spain's leading television group , the Spanish telecom has bought the TV rights for FC Barcelona matches for one year, ending an eight-year contract between the world-class team and rival media group Mediapro. While no official price tag was disclosed, Spanish reports indicate Telefonica paid $159 million for the one-year contract, which also sees the content branch of Telefonica take over the operation of Barcelona's in-house TV channel.

Tags: rights barcelona soccer telefonica

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