Amazon could bid for La Liga media rights

Amazon could bid for La Liga media rights

La Liga saw 15 per cent growth in first four lots of TV rights

La Liga

MUMBAI: Global tournament and league rights are no longer only within the reach of big broadcasters. Social networks and e-commerce portals too are now in the running to stake a claim in rights acquisition. One of the big names that come to the mind is Amazon. After acquiring a package of 20 football matches from the English Premier League, industry observers are now predicting that the Jeff Bezos-owned company will turn its attention to the Spanish market and seek to acquire minority lots of La Liga football TV rights over the next three seasons, Advanced Television reports.

La Liga has four lots of football TV rights for sale after granting majority of the rights to Telefónica. The Spanish telecommunications company has outbid its main rival Mediapro for the bulk of broadcast rights to La Liga, the top-flight of Spanish soccer, in an auction that raised €3.4 billion (US$3.98 billion).

Telefonica was awarded the two main packages, for nine matches each week in the recent auction. Mediapro got the right to one match each week, along with highlights and broadcasts in public spaces such as bars and restaurants. However, rights to Spain’s Copa del Rey were not included in the package offering.

In India, Sony Pictures Network (SPN) owned the telecast rights until 20 May 2018.

La Liga hopes to get €120 million for these rights, which will be added to €980 million paid by Telefónica and €160 million already paid by Mediapro.

La Liga may still meet its target with the sale of the four packages that were withdrawn (only four out of eight have been awarded) to new companies like Amazon, Facebook or Netflix.