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Discovery Communications, Inc.

Discovery lands European TV Olympic rights

Discovery lands European TV Olympic rights

Discovery Communications has scored the European television rights to four Olympic Games starting in 2018, the company announced Monday. The $1.45-billion deal gives Discovery the rights to the games across every TV platform, including over-the-air, pay channels, online and on mobile devices in 50 countries and territories in Europe. The deal covers most of Europe from 2018 and includes France and the United Kingdom starting in 2022. The company, which owns such popular U.S. cable channels as Discovery Network, TLC, Animal Planet and OWN in the U.S., took a controlling interest in Eurosport, the largest TV sports network in Europe, last year. "This agreement ensures...