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Share Price Information for BT (BT.A)

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Share Price: 109.65
Bid: 109.65
Ask: 109.70
Change: 0.00 (0.00%)
Spread: 0.05 (0.046%)
Open: 0.00
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Prev. Close: 109.65
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UPDATE 1-Soccer-Premier League clubs agree to three-year renewal of UK TV deals

Thu, 13th May 2021 08:44

(Adds details, quotes)

May 13 (Reuters) - The Premier League said on Thursday its clubs had unanimously agreed a proposal for a three-year renewal of the league's UK live and non-live broadcast deals with Sky Sports, BT Sport, Amazon Prime Video and BBC Sport.

The league said the renewed deals for the 2022-23 to 2024-25 seasons would be concluded at the same overall value as the current arrangements, reported to be worth 4.5 billion pounds ($6.3 billion).

The league said it had received government approval to renew its broadcast rights with existing partners instead of holding a competitive auction due to the financial impact of the COVID-19 pandemic.

The new rights deals will include an additional 100 million pounds in funding over the next four years that will go to teams in the lower leagues of the English football pyramid.

"We are hugely appreciative of the government agreeing in principle to allow this arrangement and for their continued support for the Premier League and the English game," the Premier League's chief executive Richard Masters said.

"COVID-19 has had a significant impact on football, and renewals with our UK broadcast partners will reduce uncertainty, generate stability and promote confidence within the football pyramid."

England's Football Association (FA) welcomed the additional funding, saying more than 1,000 clubs in the National League System would benefit.

"This increased funding from the Premier League will provide vital support for local football clubs and facilities across the country," the FA's chief executive Mark Bullingham said.

BT Sport also welcomed the announcement and said that the deal would allow them to show 52 games exclusively live every season. ($1 = 0.7115 pounds) (Reporting by Rohith Nair in Bengaluru; Editing by Alex Richardson and Hugh Lawson)

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28 Mar 2024 15:46

IN BRIEF: BT Group CEO Allison Kirkby buys GBP55,000 in shares

BT Group PLC - London-based telecommunications operator - Chief Executive Allison Kirkby buys 50,000 shares at GBP1.09 each, worth GBP54,500, in London on Thursday.

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4 Mar 2024 11:52

LONDON MARKET MIDDAY: Stocks mostly lower ahead of UK Spring budget

(Alliance News) - Stock prices in London were mostly lower at midday Monday, as the week started off on a quiet note ahead of a busy week of monetary policy decisions and economic data from across the globe.

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(Alliance News) - Stocks in London are called to open lower, ahead of a busy week of economic news.

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21 Feb 2024 15:01

London close: Stocks mixed ahead of Fed minutes, Nvidia results

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.

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21 Feb 2024 09:45

Iconic BT Tower to be turned into hotel in £275m deal

(Sharecast News) - BT Group said on Wednesday that it has agreed to sell the BT Tower to MCR Hotels for £275m.

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21 Feb 2024 09:03

BT Group to sell BT Tower to MCR Hotels for GBP275 million

(Alliance News) - BT Group PLC on Wednesday said that it has agreed to sell the BT Tower to MCR Hotels, which plans to preserve the building as a landmark hotel.

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20 Feb 2024 17:25

IN BRIEF: BT CEO Allison Kirkby buys GBP428,000 in shares

BT Group PLC - London-based telecommunications operator - Chief Executive Allison Kirkby buys 400,000 shares at GBP1.07 each, worth GBP428,000, in London on Tuesday.

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14 Feb 2024 15:17

PRESS: Brussels open to telecoms mergers to support investment - FT

(Alliance News) - Brussels has signalled it is open to European telecoms mergers to help fund the rollout of 5G and update ageing networks, a report said Wednesday.

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2 Feb 2024 16:59

London close: Stocks mixed as US payrolls come in red-hot

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

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2 Feb 2024 12:27

Citi trims estimates on BT, reiterates 'buy' rating

(Sharecast News) - Citi has trimmed its fourth-quarter estimates for BT Group while reiterating its 'buy' rating.

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1 Feb 2024 16:48

London close: Stocks turn lower as BoE keeps rates on hold

(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.

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1 Feb 2024 08:50

LONDON MARKET OPEN: Shells begins USD3.5 billion buyback; eyes on BoE

(Alliance News) - Stock prices in London opened mixed, ahead of the Bank of England's first interest rate decision of the year.

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1 Feb 2024 08:46

TOP NEWS: BT says on track for full year after third-quarter rise

(Alliance News) - BT Group PLC on Thursday said it is on track to meet its guidance for its current financial year, after slight growth in revenue and earnings in the third quarter that was partly thanks to price hikes.

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1 Feb 2024 07:42

LONDON BRIEFING: Shell profit falls; announces USD3.5 billion buyback

(Alliance News) - Stocks in London are set to follow New York into the red, after the US Federal Reserve quashed hopes of a March cut to interest rates and ahead of the Bank of England interest rate decision.

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