Amazon and Facebook are likely to bid for Premier League streaming rights, which will further escalate the huge financial boom for England’s top clubs, the Manchester United vice-chairman, Ed Woodward, has said. Premier League remains world’s richest courtesy of huge TV revenue growth Read moreSecuring live Premier League rights exclusively in 1992 was key to the very survival and subsequent success of BSkyB, and the game, with its crowds of loyal supporters, remains prime content for newer media companies seeking to build businesses on subscriptions. We are hearing that around the Premier League table and we are also hearing that from a European perspective in terms of interest in the Champions League and Europa rights. The 2016-17 accounts for Manchester United plc, which is registered in the Cayman Islands tax haven and floated on the NYSE, showed total income of £581m. Facebook did not comment on whether it will bid for Premier League rights but confirmed it does plan generally to secure live sport on video and their platform Facebook Watch.

Source: The Guardian September 21, 2017 18:41 UTC