Tencent clinches English Premier League deal to replace PPTV as official broadcast partner for China market

Social media and gaming giant Tencent Holdings Ltd will show English Premier League soccer in China after the previous local partner stopped paying broadcast fees.The deal will bring some reassurance to clubs whose finances were thrown into turmoil when coronavirus lockdowns forced the suspension of the world’s wealthiest soccer league. China has been its most lucrative emerging market.The league terminated its contract with local rights holder PPTV when it stopped payments, even after matches…

Tencent clinches English Premier League deal to replace PPTV as official broadcast partner for  China market
Social media and gaming giant Tencent Holdings Ltd will show English Premier League soccer in China after the previous local partner stopped paying broadcast fees.The deal will bring some reassurance to clubs whose finances were thrown into turmoil when coronavirus lockdowns forced the suspension of the world’s wealthiest soccer league. China has been its most lucrative emerging market.The league terminated its contract with local rights holder PPTV when it stopped payments, even after matches…