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Premier League close to launching its own streaming service

After it was reported in November last year the English Premier League was looking at building its own OTT platform, The Sunday Times reports the Premier League has come very close to launching its own Netflix-like streaming service which could bypass broadcasters and shake up the way football content is delivered to viewers.

The service was due to be tested in Singapore, however the league decided against this after selling broadcasting rights in the country instead.

The most recent rights cycle that has been negotiated, running form 2018-19 to 2021-22 has seen a plateau in rights fees paid by broadcasters for the league.

Last week former Crystal Palace chairman Simon Jordan told Talksport that a streaming service could help the league increase revenues substantially.

“In my view, the Premier League has the opportunity to become a broadcaster in its own right and dwarf the revenues it currently gets,” Jordan told Talksport.