GO
Loading...

Enter multiple symbols separated by commas

Premiere Plans to Rraise Bundesliga Broadcast Prices by 30%: Report

Premiere plans to increase the price subscribers pay to watch Bundesliga soccer matches by a third if it regains the right to broadcast the matches in Germany, Sueddeutsche Zeitung reported, citing industry sources.

The Bundesliga programme package will cost 19.90 euros a month, considerably more than the 14.90 euros subscribers pay at Arena, which currently holds the live television broadcasting rights for the matches, the newspaper said.

A spokesman for Premiere declined to comment on the matter.

The German Federal Cartel Office is expected to make a decision next week that will end a three-month dispute with Premiere and Arena, it said.

Premiere in April stopped selling Arena due to an investigation by the Cartel Office, which had concerns over a deal by which Premiere earlier this year obtained rights to distribute and market Bundesliga matches via satellite.

Premiere had agreed to give Arena a 16.7% stake in the company in exchange for non-exclusive satellite marketing rights.

But according to recent reports, Arena may now sublicense its TV broadcasting rights to Premiere and discontinue its soccer channel to end the Cartel Office investigation.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

  • Mark Cuban and Donald Trump

    Donald Trump appears to have Mark Cuban's vote, at least in terms of how the billionaire real estate mogul is conducting his political campaign.

  • Ferrari 488 Spider

    Ferrari's new 488 Spider will have a V-8 turbo engine and a retractable hard-top roof that lowers in just 14 seconds.

  • Members of the New Horizons science team react to seeing the spacecraft's last and sharpest image of Pluto before closest approach later in the day at the Johns Hopkins University Applied Physics Laboratory (APL) in Laurel, Maryland July 14, 2015.More than nine years after its launch, a U.S. spacecraft sailed past Pluto on Tuesday, capping a 3 billion mile (4.88 billion km) journey to the solar system's farthest reaches, NASA said.

    The New Horizons Pluto flyby mission set records for NASA's social media and web metrics——but why do we care so much?

U.S. Video