Best News Network

‘Fits like a glove’: Foxtel signs exclusive UFC deal

“It needs to be something major for us to dig in, unless it’s on Australian soil,” he says. “You get the subscribers in and then they immediately leave, unless it’s part of a bigger narrative.

“So UFC fits like a glove.”

Foxtel CEO Patrick Delany says the popularity of the combat sport was growing.

Foxtel CEO Patrick Delany says the popularity of the combat sport was growing.Credit: Arsineh Houspian.

Commercial pay-per-view sales to 5000 pubs and clubs are a particular revenue driver, says Delany.

“You go to any pub and Fox Sports is all over the place. It’s becoming more like if you go to America, ESPN is in every bar and UFC plays a big role in that.”

Previously, UFC events could be accessed through Foxtel, Fetch, Main Event and the UFC’s own Fight Pass.

While Foxtel has long-term deals in place with the AFL and NRL, its extension with ESPN last week puts to bed the threat of the US network launching a local product for its sports codes – at least for the time being.

“They have profited tremendously from Kayo because Foxtel wasn’t growing, and we were really their only outlet.”

Foxtel secured extended HBO rights this year. Jennifer Coolidge appears in a scene from The White Lotus.

Foxtel secured extended HBO rights this year. Jennifer Coolidge appears in a scene from The White Lotus.Credit: HBO

Foxtel has also had to fend off chatter of a local launch of Warner Bros Discovery’s HBO-led streaming service MAX after it extended a deal to keep shows such as The White Lotus, The Last of Us and House of the Dragon on Binge and its legacy product this year.

Delany says launching a streaming service is “very difficult” for the more niche players. “I don’t know why you’d do it.”

“The exuberance of subscription numbers has passed a long time ago, it’s now about revenues. If you look at the amounts we pay for these things, we pay a lot of money. It’s good business.”

UFC will touch down in Sydney in September for UFC293, with more local events touted.

UFC president Dana White said he was excited to be extending the broadcast partnership with Foxtel Group.

“Together, we will continue to grow UFC in Australia and they will be the destination for the biggest and baddest fights we put on year-round.”

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.