Premier League plots Netflix styled Streaming service in 188 countries according to its Chief Executive Officer Richard Masters.
The Premier League could very soon have its own streaming service according to Richard Masters. The new Premier League CEO confirmed that the English Top Tier have considered the possibility of launching its own digital streaming service.
The new ‘Over The Top’ (OTT) service will bypasses traditional TV channels could be in place as early as 2022 in some overseas markets. However, the league will not abandon selling rights to broadcasters, at least as off now.
Premier League plots Netflix styled Streaming service in 188 countries
“During the last process we spent quite a lot of time and invested a lot of recourse in building out our expertise and capacity in ‘direct consumer’,” said Masters according to the Guardian. “We considered whether it would be the right time to test a few markets and decided not to. But we are going to continue for the planning phase in the next commercial term to build out those capabilities.”
To be able to watch all the games from one location will certainly be attractive to many. Especially in the UK where fans have to subscribe to Sky Sports, BT Sport and Amazon Prime to catch all the games; typically costing them £912 a year.
However, the money that the Premier League receives from TV rights means that the aforementioned channels will continue to broadcast the games. However, Masters is confident that both mediums of watching games can coexist.
He added: “We were ready last time and we will be ready next time should the opportunity arise.”
“I’m not saying it will happen in the next cycle or when it will happen but eventually the Premier League will move to a mix of direct consumer and media rights sales,” he said. “It is impossible to say when that will be.”
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