Government approves Disney’s investment: MediaPro is the new owner of Fox Sports

Government approves Disney’s investment: MediaPro is the new owner of Fox Sports

The Department of the Interior supported the American firm’s proposal

Disney has confirmed the sale of three Fox Sports channels and broadcasting rights to Mediapro
Disney has confirmed the sale of three Fox Sports channels and broadcasting rights to Mediapro

Government backs Disney (ESPN) investment in Argentina this WednesdayWhich includes transmission Signals and TV rightsAs a preliminary step in its merger with Fox, this was confirmed by MIA sources. ᲔᲠᲘ. The decision will be published in the official gazette.

The resolution was signed by the Secretary Robert FeltAnd he was supported by the Minister of Productive Development, Matthias Kulpas. A Spanish company with a Disney team enters the country’s television market MediaproWhat It is mainly controlled by Chinese capital.

The government portfolio even explains that The resolution signed this Wednesday, therefore, does not allow ESPN owner Disney to merge with Fox.. “Both companies must meet a number of requirements within five years, which will be assessed on time,” they explained.

As LA NACION has published, deinvestment includes Fox Cable TV And transfer rights Copa Libertadores, UEFA Champions League, NFL, MLB, Formula 1, UFC, WWE, Premier Boxing Champions, ACB Basketball League, World Rugby Seven and ATP World Tour 250 – ATP Córdoba.

Thus MediaPro broadcasts major cable TV channels Fox Sports, With everyone Relevant rights On the content that was passed on to them during the merger.

In turn, Disney retains all of Argentine football and does not hand over River or Boca.

The detachment was a necessary condition set by the government to give the green light to the desire to join Ento Disney Fox. A statement from the National Competition Commission (CNDC) later forced Disney to sell its rights to an “external competitor.” Paid television. “

Source: La Nacion

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