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Premier League ends £564m Chinese streaming contract

September 4, 2020 11.39 Europe/London By Julian Clover

The Premier League has terminated its most lucrative broadcast contract for overseas television rights.

PPTV had withheld its £160 million instalment in March, part of a three-year, £564 million deal for the Chinese market.

In a statement, the Premier League said: “The Premier League confirms that it has today terminated its agreements for Premier League coverage in China with its licensee in that territory.

“The Premier League will not be commenting further on the matter at this stage.”

The collapse of the agreement with the streaming service is being blamed in part on the Coronavirus crisis, PPTV believing they are no longer receiving the product they signed up to, with empty grounds and rescheduled matches.

PPTV is owned by Chinese-backed Suning Holdings, which also has a controlling stake in Serie A side Inter Milan.

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Filed Under: Newsline, TV Tagged With: Premier League Edited: 7 September 2020 12:45

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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