andrew-georgiou - Latest news

The International Olympic Committee announced that all media rights in Europe for the four Olympic Games in the 2026-2032 period have been awarded to the European Broadcasting Union and Warner Bros. Discovery.

From the merger, a new sports joint venture will be born for the United Kingdom and Ireland. Although the amount of the operation was not disclosed, it is speculated that the deal was closed at £540 million.

BT Group and Warner Bros. Discovery welcomed the decision to approve the BT Group agreement with Warner Bros. Discovery, Inc. to form a 50:50 joint venture company that will create a new sports offering for the UK & Ireland.

BT Group has agreed a set of definitive agreements with Warner Bros. Discovery to form a 50:50 joint venture company to create a new premium sport offering for the UK and Ireland.

The newly formed Warner Bros. Discovery has named its international leadership team under Gerhard Zeiler, who held the role of International President for WarnerMedia and now adds Discovery’s global enterprise to his portfolio.