• Loading stock data...
Thursday, September 18, 2025

Warner Bros. Discovery, BT Group $773M Merger Approved

  • The U.K.’s Competition and Market Authority approved a merger between Eurosport UK and BT Sport.
  • The deal is worth an estimated $772 million.
BT-Sport
BT

Warner Bros. Discovery and BT Group have been given approval by the U.K.’s Competition and Markets Authority to merge Eurosport UK and BT Sport.

Under the $773 million agreement, BT Sport will become a Warner Bros. Discovery subsidiary in a 50-50 deal and earn $113.6 million over the next three years. BT Sport will gain up to an additional $660 million based on its performance, and Warner Bros. Discovery will have the option to buy out BT.

Now that it’s approved, the deal shouldn’t take long. 

“We now look toward day one of the new business, which we hope will be in the coming weeks,” Marc Allera, CEO of BT’s consumer division, said.

The companies will remain under their existing brands before merging into one later.

Together, the new network will hold rights to a variety of major sports properties including:

  • English Premier League
  • UEFA Champions League and Europa League
  • Olympics
  • Grand Slam tennis tournaments
  • Tour de France and other cycling events

Moving Pieces

The deal’s original announcement was made not long after Warner Bros. Discovery became a single company in April as part of a $43 billion deal.

Sports streaming service DAZN was reportedly close to acquiring BT Sport for $800 million in January, but fell through when BT Sport proved “uneconomical” for the business, according to DAZN chairman Kevin Mayer.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sep 13, 2025; Tuscaloosa, Alabama, USA; Alabama Crimson Tide running back AK Dear (0) tries to outrun Wisconsin Badgers cornerback Ricardo Hallman (2) during the second half at Saban Field at Bryant-Denny Stadium.

Despite Vote Delay, SCORE Act Negotiations Continue on Capitol Hill

Political ad campaigns during college football Saturdays continue as well.

UEFA Delays Overseas Matches Ruling As LaLiga Miami Game Looms

Barcelona-Villarreal is scheduled for late December at Hard Rock Stadium.

Dexter Fowler Wants to Change the Narrative on Athlete Ownership

The former MLB All-Star owns a stake in Premier League team Bournemouth.

Paramount-WBD Merger Would Create Sports Superpower

The companies’ combined sports offerings would rival ESPN.

Featured Today

Premier Lacrosse League

‘The Circus Is Coming to Town’: Why Upstart Leagues Start on Tour

In their ambitious plans, a traveling schedule is only temporary.
PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.
September 13, 2025

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
September 10, 2025

ESPN’s ‘MNF’ Ratings Up 8% As NFL Surges to Strong Start

ESPN posts its second-best Week 1 “Monday Night Football” audience.

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.