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Discovery in exclusive talks with BT over sports JV as DAZN takeover collapses

BT Sport television studio ahead of the English Premier League football match. (Photo by JUSTIN SETTERFIELD/POOL/AFP via Getty Images)

Media group Discovery is now in exclusive talks to form a sports joint venture with BT with the proposed takeover of the UK telco’s sports arm by DAZN Group having collapsed.

Discovery is in exclusive discussions to create a new sports venture in the UK by combining its Eurosport business in the UK and Ireland with BT Sport. Discovery and BT said this morning that they are aiming for the 50:50 joint venture to be operational this year “pending a definite agreement and regulatory approval”.

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