Discovery muscles in on sale of BT Sport
The TelegraphThe US media powerhouse Discovery is attempting to gatecrash BT’s sale of its sports broadcasting arm and derail months of talks with Dazn, the streaming challenger bankrolled by the billionaire Sir Leonard Blavatnik. As talks between BT and Dazn towards a £600m sale of BT Sport have become bogged down by wrangling over commercial details, City sources said Discovery has advanced an alternative proposal that is being seriously considered. Talks between BT and Discovery are said to have accelerated over the past two months as what two auction insiders said was a “chaotic” Dazn bid hit repeated snags. BT and Dazn, a heavily loss-making international venture sometimes labelled the “Netflix of sport”, are said to have struggled to reach agreement over how the commercial risks of a sale would be shared.