NY Times · Jun 29, 2015
Discovery Gains European Rights to 4 Olympics
Photo David Zaslav, chief executive of Discovery Communications, and Thomas Bach, chief executive of the International Olympic Committee, at the I.O.C. headquarters in Lausanne, Switzerland, on Monday. Credit Agence France-Presse — Getty Images Discovery Communications won the exclusive rights to broadcast the Olympics from 2018 to 2024 for most of Europe, the media company announced on Monday.
Discovery paid 1.3 billion euros, or about $1.45 billion, for the rights to four Olympic Games. The rights cover free and pay television as well as the Internet and mobile.