Eurosport: "France clearly remains our biggest market" (Peter Hutton, CEO)

News Tank Football - Paris - News #38928 - Published on
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©  D.R.

"I want the French Eurosport channels to become a center of excellence. France clearly remains our biggest market. Our channels are there to offer quality content that serves as a reference for all other territories. The headquarters of Eurosport will also stay in Issy-les-Moulineaux (just outside Paris, FRA), and we will strengthen our teams," said Peter Hutton, the CEO of the sports pay-TV group Eurosport, on 04/04/2015.

The US media company Discovery Communications increased its stake in the pay-TV group Eurosport France from 20% to 51% on 31/03/2015. At the same time, the capital of Eurosport France was transferred to Eurosport SAS, which already held Eurosport International. Discovery Communications now holds 51% of Eurosport SAS, while TF1 retains the remaining 49%, and an option to sell its minority stake in Discovery during the years 2015 or 2016.

"Discovery is a global group which already owned channels dedicated to motor sports, but not really channels with live sport. But when you look at the global trends in TV, live sports has become a fundamental product... Discovery…

©  D.R.
©  D.R.

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