Business · Companies · 55 mins ago

Videoland approved to take over Viaplay Netherlands’ sports rights and subscribers

Videoland approved to take over Viaplay Netherlands’ sports rights and subscribers

The Dutch competition authority approved Videoland’s takeover of Viaplay Netherlands’ sports rights and subscribers on 20 October.

Videoland, part of RTL Nederland, is expected to show Formula 1, English football, darts and hockey after the transfer.

The authority said the deal would not make Videoland too powerful or disadvantage viewers and advertisers.

Viaplay is withdrawing from many countries after years of financial problems.

Viaplay Netherlands’ Formula 1 rights in the country run through 2029, and other broadcasters can compete for the licence after that.

The sports and subscribers are expected to move to Videoland soon.

4 sources

Related