BT Group Is in Exclusive Negotiations to Create Sports JV With Discovery
03 Fevereiro 2022 - 4:57AM
Dow Jones News
By Kyle Morris
BT Group PLC said Thursday that it has entered into exclusive
negotiations with Discovery Inc. to create a sports joint venture
in the U.K.
The U.K. telecommunications company said the new entity would be
a 50-50 joint venture that would combine the companies' sports and
entertainment offerings.
BT said it hopes to conclude exclusive discussions with
Discovery early in the first quarter, with the new company
operational later this year.
Write to Kyle Morris at kyle.morris@dowjones.com
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(END) Dow Jones Newswires
February 03, 2022 02:42 ET (07:42 GMT)
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