Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test 
Meta Reportedly Developing ‘Arena’ Prediction Market App to Rival Polymarket and Kalshi 
Alphabet Replaces Verizon in Dow Jones Industrial Average 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Tesla and NatPower Partner on $5 Billion Battery Storage Expansion in Europe 
Heineken Names JDE Peet’s CEO Rafael Oliveira as New Chief Executive 
Meta Pauses Employee Activity Tracking Program Over Data Security Concerns 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Nike CFO Shake-Up Fuels Concerns Over Turnaround Strategy 
Trip.com Shares Tumble After Q1 Profit Drops and Weak Revenue Growth Outlook 
SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Fortescue Faces Class Action Over Sexual Harassment Claims at Australian Mining Sites 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Amazon Prime Video lost its TV rights to broadcast the UK's Premier League games. It failed to renew its contract with the English football league, and Sky Sports and TNT Sports have instead won the deals.
The new contracts are said to be the largest-ever sports media rights deal to have been signed in the United Kingdom. The agreement for the TV rights between the Premier League and Sky Sports and TNT Sports is worth £6.7 billion or roughly $8.5 billion.
Amazon Prime Left Out in the Auction
Sky Sports, which Comcast owns, managed to retain its hold on the rights to the Premier League. It was able to secure four out of the five packages of live games. On the other hand, TNT acquired the other rights packages in the auction.
Unfortunately, Amazon Prime Video was not able to secure any of the packages. As per Deadline, the TV rights auction did not leave space for said American subscription video-on-demand over-the-top streaming service providers.
At any rate, the Premier League TV rights packages include a minimum of 215 live matches per season. This has more than 140 matches during the weekends as well.
Live Broadcast Under New Channels
The Premier League completed the deals with TNT Sports and Sky Sports, and it covers five UK live packages. BBC Sport will also air the league's matches for the free-to-air highlights package. All of these agreements are in effect for four years, starting with the Premier League's Season 2025/26.
"We are delighted to announce new deals with Sky Sports and TNT Sports that will extend our partnership for a further four years and see more Premier League matches than ever before shown live from 2025/26 onwards," the chief executive officer of Premier League, Richard Masters, said in a news release. "As longstanding and valued partners, Sky Sports and TNT Sports are renowned for consistently delivering world-class coverage and programming."
The CEO added, "We are also extremely pleased to extend our partnership with BBC Sport, which will continue to bring weekly highlights of all Premier League matches to the widest possible audience in the UK. Match of the Day has been an institution for generations of football fans in this country and remains incredibly popular with fans of all ages.
Photo by: Thibault Penin/Unsplash
