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Dodgy Geezer
Join Date: Nov 2005
Location: Brighton
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In the most expensive television rights deal in club soccer, Real Madrid sold its TV broadcast rights to a production company for $1.41 billion over seven years.
Mediapro was the highest bidder, Real Madrid said Monday. No information was provided on rival bidders. Earlier this year, FC Barcelona announced a similar five-year agreement of its TV rights with Mediapro for $1.28 billion. Mediapro is a major shareholder in the new Spanish channel La Sexta, which was launched this year. Mediapro recently agreed to share local TV rights with broadcaster Sogecable SA. Spanish soccer is a key component of Sogecable's pay-TV offering Digital Plus.
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