Sport

Discovery Inc in $2B deal for worldwide PGA golf rights

Discovery Inc in $2B deal for worldwide PGA golf rights

It will kick off next year and cover TV and online rights to the USA -based men's golf circuit, which includes more than 140 tournaments a year.

The agreement for TV and digital rights to PGA Tour events in all territories outside the USA runs for 12 years, and comes after the company made a major statement of intent in live sports with a deal for Olympics rights in Europe between 2018-2024.

The deal begins next year and will last through 2030.

It is a move that has been described as "pioneering" by the PGA Tour on their official website, as they hope to create "an global multi-platform home for golf".

PGA executives will discuss the deal on a media call early US time.

By partnering with Discovery, the PGA Tour will gain an experienced partner helping it to determine the best global distribution and broadcast partner strategy as it looks to diversify its fan base.

The PGA Tour has 85 players from 25 countries.




CBS and NBC air the PGA Tour in the U.S. Half of the top 50 golfers in the world are from outside the USA, including Jon Rahm from Spain and Hideki Matsuyama from Japan.

Discovery said that the OTT video streaming service will capitalise on its existing direct-to-consumer product and platform expertise as home to the Eurosport Player.

The company will start investing in 2019, it said. Discovery and Eurosport then struck a long-term deal for the rights to the Olympics, which kicked off with this year's Winter Games in PyeongChang.

David Zaslav, president and chief executive of Discovery, said: "Today is a fantastic day for golf fans around the world as Discovery proudly partners with the PGA Tour to create something that has never been done before".

Sky also lost the rights to cover the US PGA Championship at Quail Hollow previous year after their contract which ran for a decade was not renewed, with the organisation preferring to pursue routes that will broaden their reach.

Jay Monahan, commissioner, PGA Tour, said: "This is an exciting next step for the PGA TOUR, which presents a tremendous opportunity to accelerate and expand our media business outside the United States, better service our worldwide broadcast partners, and drive fan growth with a deeply experienced strategic global partner".


  • Chelsea star Willian rates new Man Utd signing Fred

    Chelsea star Willian rates new Man Utd signing Fred

    United revealed the news in a brief statement on their official website, promising a further announcement "in due course". Fred has reportedly passed a medical and agreed terms on a move to Old Trafford on Monday.
    Mexico to Add Retaliatory Tariffs on US Imports Amid Trade Spat

    Mexico to Add Retaliatory Tariffs on US Imports Amid Trade Spat

    After a previous meeting, China said it would make substantial increases in imports of us agriculture and energy. Canadian Prime Minister Justin Trudeau called the US tariffs on Canadian aluminum and steel " unacceptable ".
    Trump says June 12 summit with Kim back on

    Trump says June 12 summit with Kim back on

    The president has not denied speaking to the North Korean leader, and tantalized reporters with suggestions that he has done so. "We're not going to go in and sign something on June 12th, and we never were", Trump told reporters on the White House lawn.
  • Philippine president Rodrigo Duterte 'really sick' for kissing woman on the lips

    Philippine president Rodrigo Duterte 'really sick' for kissing woman on the lips

    I was mad she was raped, but she was so handsome . "So I think those kinds of achievements will be very hard to ignore", he added. He was caught telling Filipino soldiers earlier this year to shoot female communist rebels in the vagina , the BBC reported .
    Meghan Markle all set for first solo trip with Queen Elizabeth II

    Meghan Markle all set for first solo trip with Queen Elizabeth II

    Their first stop on June 14 will be officially opening the Mersey Gateway Bridge, at Catalyst Science Discovery Centre. During their engagement, they did a tour of the United Kingdom, visiting places like Northern Ireland and Scotland.
    Jordan PM Hani al-Mulki resigns

    Jordan PM Hani al-Mulki resigns

    Mr Mulki has refused to scrap the IMF-backed tax bill, saying it was up to parliament to decide whether to pass it or not. According to official estimates, 18.5% of Jordan's population are unemployed, while 20% are on the brink of poverty.
  • Trump says can pardon himself, calls Mueller appointment unconstitutional

    Trump says can pardon himself, calls Mueller appointment unconstitutional

    Tina Smith, D-Minn., said in a brief statement that " the president of the United States should not be above the law." Sen. But he continued to cast doubt on the special counsel's eventual findings, suggesting that Mr.

    Harvey Weinstein pleads not guilty to rape and sexual assault charges

    The Associated Press does not identify alleged victims of sexual assaults unless they come forward publicly. Weinstein and suggests that denigrating victims in any way as inappropriate victimization again".
    Stephan Lichtsteiner: Arsenal officially unveil new signing from Juventus

    Stephan Lichtsteiner: Arsenal officially unveil new signing from Juventus

    The Frenchman is also reportedly eyeing a second chance to impress in the Premier League. He's a player of great quality with a very positive and determined attitude.
  • Sara Gilbert stands behind ABC's decision to cancel 'Roseanne'

    Sara Gilbert stands behind ABC's decision to cancel 'Roseanne'

    The show brings back numerous original program's stars, including Barr and Gilbert, as well as John Goodman and Laurie Metcalf . Hours before news broke of the show's cancellation, Gilbert tweeted Tuesday that Barr's comments were " abhorrent ".
    Voters to decide state, federal, local races in CA primary

    Voters to decide state, federal, local races in CA primary

    Alabama and South Dakota will see fights play out on the right, with anti-Washington sentiments at the forefront. New Mexico voters are headed to the polls Tuesday to choose from three Democratic candidates for governor .
    Why People Are Freaking out About Melania Trump Being

    Why People Are Freaking out About Melania Trump Being "Missing"

    A spokesperson for Melania Trump told Yahoo's Hunter Walker that the first lady would also be skipping the event. Accompanying the text were photos of the reception, including one of her sitting next to the president.