{"id":792042,"date":"2022-06-01T10:06:21","date_gmt":"2022-06-01T10:06:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2022\/06\/01\/bt-and-discovery-sport-tie-up-faces-uk-antitrust-probe\/"},"modified":"2022-06-01T10:06:21","modified_gmt":"2022-06-01T10:06:21","slug":"bt-and-discovery-sport-tie-up-faces-uk-antitrust-probe","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2022\/06\/01\/bt-and-discovery-sport-tie-up-faces-uk-antitrust-probe\/","title":{"rendered":"BT and Discovery sport tie-up faces UK antitrust probe"},"content":{"rendered":"<p>Britain&#8217;s competition watchdog said on Wednesday it had started investigating BT Group&#8217;s deal to combine its sports broadcasting business with Warner Bros Discovery.<\/p>\n<p>The Competition and Markets Authority (CMA) said it had until July 28 to make its phase 1 decision on whether the joint venture between the country&#8217;s biggest broadband and mobile provider and the U.S. company will result in lesser competition in the UK.<\/p>\n<p>BT, a former British telecoms monopoly, clinched a sports broadcasting tie-up with Discovery last month after months of discussions with the American media company.<\/p>\n<p>The deal to merge BT&#8217;s sports TV unit with Discovery&#8217;s Eurosport in Britain and Ireland, enables the British company to retain Premier League soccer for its customers, while sharing the burden of expensive broadcast rights.<\/p>\n<p>Media and streaming company Warner Bros Discovery was formed from the $43 billion merger of Discovery Inc and assets of AT&#038;T Inc. Shares in the newly formed company started trading in April.<\/p>\n<p>BT did not immediately respond to a request for comment and Warner Bros were not available outside of regular business hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Britain&#8217;s competition watchdog said on Wednesday it had started investigating BT Group&#8217;s deal to combine its sports broadcasting business with Warner Bros Discovery. The Competition and Markets Authority (CMA) said it had until July 28 to make its phase 1 decision on whether the joint venture between the country&#8217;s biggest broadband and mobile provider and the U.S. company will result in lesser competition in the UK. BT, a former British telecoms monopoly, clinched a sports broadcasting tie-up with Discovery last month after months of discussions with the American media company. The deal to merge BT&#8217;s sports TV unit with Discovery&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-792042","post","type-post","status-publish","format-standard","hentry","category-broadcasting"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/792042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=792042"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/792042\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=792042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=792042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=792042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}