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Lines: FAANGs not the answer to global rights market ‘correction’

NEWCASTLE UPON TYNE, ENGLAND - DECEMBER 19 : A view of St James' Park through an iPhone 6 ahead of the Barclays Premier League match between Newcastle United FC and Aston Villa FC at St James' Park on December 19, 2015 in Newcastle Upon Tyne, England. (Photo by Mark Runnacles/Getty Images)

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Uefa will go to market later this year with the rights to the Champions League and Europa League under pressure from Europe’s top clubs to at least maintain the kind of growth it enjoyed in the current cycle. But there are reasons why that will be a massive challenge.

Internet giant Amazon will pay more than public-service broadcaster France Télévisions for a substantially smaller package of rights to the French Open’s 2021-23 cycle.

Chinese social media giant Tencent saw off competition from rival streaming player Youku Tudou to retain the NBA’s digital rights in the country for the 2020-25 cycle at a record-breaking fee, underscoring the strong growth in China’s streaming market in recent years.

The German Bundesliga’s international sales and marketing arm, Bundesliga International, is set for a busy 12 months of media-rights sales as the league approaches the conclusion of deals across the Americas, Asia, Middle East and North Africa.