Hollywood Workers Are On The Verge Of A Massive Strike Over 14-Hour Days

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Warner Bros. Discovery and BT Group have formed a joint venture combining the assets of BT Sport and Eurosport U.K. into an as-yet-untitled joint venture. Both WBD and BT hold a 50% stake each in the new venture and are equally represented on the board. The chair will be rotated between the companies, with the inaugural post held by BT, who have appointed Marc Allera, CEO of BT’s consumer division. More from Variety Rooster Teeth and Warner Bros. Discovery Access Announce Finalists for Digital Creators Program (TV News Roundup) HBO Max Has an Inventory Problem (Column) Warner Bros. Discovery Hasnt Finalized Top DC Job, Lego Movie Producer Dan Lin Only in the Mix Warner Bros. Discovery Sports Europe president and managing director Andrew Georgiou is also on the board and will lead the business. Although the transaction has been completed, BT Sport and Eurosport U.K. currently retain their individual identities and can continue to be accessed by viewers as normal. They will be merged at an unspecified date. The union means fans in the U.K. and Ireland will have “one of the most extensive line-ups of live sport coverage” including the Olympic Games, the Premier League, UEFA Champions League, UEFA Europa League, the Premier League, Premiership Rugby, MotoGP, UFC, Boxing, WWE, tennis Grand Slams, cycling Grand Tours and the winter sports World Cup season. According to WBD, they eventually intend to combine the new sports offering with an entertainment platform too, suggesting some sort of joint bundle. “As we enter our ninth season, today is day one of an exciting new chapter for BT Sport,” said Allera. “I am extremely proud of the teams and the established brand and broadcaster that BT Sport has become, and I look forward to working with Warner Bros. Discovery to create an exciting new sport TV offering for the U.K.” Georgiou added: “Today marks the start of our journey to build a new sports destination for fans in the U.K. and Ireland. Combining BT Sport and Eurosport U.K. together with Warner Bros. Discovery’s world-class and growing entertainment offering will result in an exciting new proposition for consumers.” “It’s important for fans to know they can continue to enjoy BT Sport and Eurosport U.K. as they do today and we’ll keep them updated on future plans as soon as we can. We are pleased the transaction has closed and we can now further engage all stakeholders in the process of establishing the JV and developing its extensive combined sports offer.” Best of Variety The Sopranos Gets the Funko Pop Treatment in New Collectibles Release From The Sandman to Blonde: Books Made Into Movies and TV Series That You Should Read Jennette McCurdys Provocative Book Im Glad My Mom Died Is Already a No. 1 Bestseller Sign up for Variety’s Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram . Click here to read the full article. View comments
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