Discovery, PGA Tour Agree to 12-Year Rights Deal to Create “Netflix” of Golf





New prime-ranked golfer Justin Thomas is proven hitting a chip through the Open Championship at Royal Birkdale on July 20, 2017 in Southport, England. (Photograph by Stuart Franklin/Getty Photographs) Discovery’s portfolio of tv networks is greatest recognized for its way of life manufacturers (HGTV, Meals Community) and its nature programming (Discovery Channel, Animal Planet), however the media firm has now expanded its worldwide sports attain by way of a brand new rights settlement with the PGA Tour. The 12-yr, $2-billion settlement will run from 2019 by way of 2030, and consists of international TV and multi-platform rights outdoors the U.S. for almost one hundred fifty annual tournaments. Half of the partnership is the deliberate creation of a PGA Tour-branded OTT streaming service that Discovery David Zaslav referred to as a “Netflix” of golf in a publish-announcement interview. Zaslav singled out Asia as “an enormous alternative.” Whereas Discovery has little sports presence
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