Telefonica Scores Provisional Rights to Spain’s Soccer League La Liga

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Telefonica TEF -1.00%decrease; red down pointing triangle said it provisionally won exclusive rights to broadcast five matches per matchday of Spain’s soccer league, La Liga.

The Spanish telecommunications company said Friday that it would pay 2.635 billion euros ($3.06 billion) for the exclusive media rights at an average price of 527.2 million euros a season. The seasons span from 2027-28 until 2031-32, it added.

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