Walt Disney and Skydance eye French Ligue 1 TV rights - Bloomberg

Bloomberg reports that Walt Disney Co. and Skydance Corp. are eyeing the opportunity to bid for French Ligue 1 TV rights as the league begins its latest auction, with bids due by Dec. 3. The French Professional Football League is looking to sell audiovisual rights for the 2027 to 2032 seasons, offering bidders the chance to secure full broadcast rights or exclusive distribution of the league’s streaming service.

The auction follows years of declining revenue for the league, with broadcast revenue dropping to around €180 million from a peak of approximately €1 billion annually. If successful, Disney and Skydance would be entering the French football market for the first time, as Disney has expanded its sports-rights portfolio in France for its streaming service and holds rights to UEFA Women’s Champions League through 2029-30.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.