Court rejects TV rights appeal against Sky Italia

MILAN, May 24 (BestGrowthStock) – An Italian court on Monday
rejected an appeal against the sale of satellite TV soccer
rights to News Corp (NWSA.O: ) unit Sky Italia, averting possible
financial problems for Italian clubs.

The appeal was filed by Conto TV, a small satellite
operator. Conto claimed the way Serie A rights for the next two
seasons were sold to Sky Italia was unfair.

“It does not appear that Conto TV has suffered particular
disadvantages,” Judge Claudio Marangoni of the business section
of Milan’s court wrote in his ruling.

Conto TV had tried to bid for matches and said the 1.15
billion euro ($1.4 billion) deal with Sky Italia was made
“without competition in the digital satellite sphere”.

The Italian soccer league had warned of dire consequences if
Conto TV’s legal action was successful. Like other clubs in
Europe, Italian sides rely heavily on spending by broadcasters.

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(Reporting by Manuela D’Alessandro; Editing by David Holmes)
($1=.7997 Euro)

Court rejects TV rights appeal against Sky Italia