Telefonica to Pay $2.61 Billion for Spanish Soccer Rights – Bloomberg Business

Telefonica to Pay $2.61 Billion for Spanish Soccer Rights

Telefonica SA, Spain’s biggest telecommunications operator, agreed to pay 2.4 billion euros ($2.61 billion) for rights to Spanish soccer and Champions League matches, a move that gives the company’s pay-TV service sports telecasts its competitors already have.

http://www.bloomberg.com/news/articles/2016-01-12/telefonica-agrees-to-pay-2-61-billion-for-spanish-soccer-rights