Warner Bros. Discovery and BT Group close transaction to form sports joint venture

Warner Bros. Discovery and BT Group have today completed their transaction to form a 50:50 Joint Venture (JV) that combines the assets of BT Sport and Eurosport UK. The move brings together one of the most extensive line-ups of live sport coverage for fans in the UK & Ireland — including the Olympic Games, the Premier League, UEFA Champions League, UEFA Europa League, Premiership Rugby, MotoGP, UFC, Boxing, WWE, tennis Grand Slams, cycling Grand Tours and the winter sports World Cup season.

Ad As work begins to develop the new sports offering for the UK & Ireland, BT Sport and Eurosport UK will retain their separate product propositions for a period of time. BT Sport and Eurosport UK customers can continue to enjoy the current sport offerings in all the same ways they do currently. All Sports‘Keep paddling!’ – World and Olympic champion Queiroz on secrets of success18 HOURS AGO Over time, the intention is to launch a new sports brand in the market and present this combined sports offering together with an entertainment offering from Warner Bros.

Discovery. Marc Allera, Chairman of the JV and CEO BT’s Consumer division said: «As we enter our ninth season, today is day one of an exciting new chapter for BT Sport. I am extremely proud of the teams and the established brand and broadcaster that BT Sport has become, and I look forward to working with Warner Bros.

Discovery to create an exciting new sport TV offering for the UK.” Andrew Georgiou, board member of the JV and President and Managing Director, Warner Bros. Discovery Sports Europe, said: „Today marks the start of our journey to build a new sports destination for fans in the U.K and Ireland. Combining BT Sport and Eurosport U.K.