IOC: Discovery Communications obtains the rights to Olympics in Europe for €1.3bn (2018-2024 period)

The US broadcaster Discovery Communications, the owner of the Eurosport pay-TV channels, has acquired the exclusive broadcasting rights in Europe to the Olympic Games for €1.3bn for the 2018-2024 period, announced the IOC on 29/06/2015. These rights include broadcast television (free-TV and pay-TV), Internet and mobile devices in 50 countries and territories on the European continent.

"Today’s announcement kicks off a long-term partnership between the biggest global sports event, the Olympic Games, and leading global media company, Discovery Communications. With an average of 10 channels in every market and the #1 European online and OTT sports offerings, Discovery and Eurosport will deliver more coverage across more screens than ever before to over 700 million people across Europe," announced the IOC on 29/06/2015.

The rights acquired by Discovery Communications include the broadcasting of the 2018 Winter Olympic Games in Pyongyang (South Korea) the 2020 Summer Olympics in Tokyo (Japan) and the 2022 (winter) and 2024 (summer) editions that have not yet been awarded. The only…