PPTV ordered to pay £150 million to Premier League over abandoned rights deal

Chinese broadcaster PPTV has been ordered to pay at least £156 million to the English Premier League over its abandoned broadcast deal. The deal, which was one of the EPL’s most lucrative international broadcast rights agreements, was terminated after PPTV failed to pay two instalments of its owed rights fees. The Suning-owned streamer at the […]

EPL bails out of £526 million PPTV deal in China

The English Premier League is facing a hole in its balance sheet of more than £500 million after terminating its rights deal with Chinese digital broadcaster PPTV. The broadcaster and league had reportedly been on a collision course since March, when the broadcaster withheld a payment of £160 million amid the coronavirus shutdown. In a […]