BT and Sky Agree Deal for Cross Supply of TV Packages
December 15 2017 - 3:01AM
Dow Jones News
By Adam Clark
BT Group PLC (BT.A.LN) said Friday that it has agreed with Sky
PLC (SKY.LN) for the two to provide packages of their TV channels
on each other's platforms.
BT said it has agreed a multi-year agency deal to market and
sell Sky's NOW TV service to its customers, including Sky Sports,
Sky Cinema and Sky Atlantic.
21st Century Fox owns a 39% stake in Sky. 21st Century Fox and
News Corp, parent company of Dow Jones, share common ownership.
The full NOW service will be available on BT TV's set-top box,
and BT will be able to sell subscriptions directly to its
customers.
BT also said it has agreed to wholesale its sport channels to
Sky, allowing them to be sold directly to Sky satellite customers.
The deal will include exclusive live Uefa Champions League and
Premier League football.
BT Chief Executive Gavin Patterson said the agreement is the
result of negotiations over a number of years, and is the next
logical step for BT's TV and content strategy.
BT added that the deal demonstrates the importance of sport as a
key offering to its customers, offering its customers all eleven
Sky Sports channels for the first time. The new services are
expected to be available to customers of both companies from early
2019.
Write to Adam Clark at adam.clark@dowjones.com;
@AdamDowJones
(END) Dow Jones Newswires
December 15, 2017 02:46 ET (07:46 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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