Telefonica seals 5-year football broadcast deal
Telefonica agreed a five-year deal worth around €1.7 billion with sports streamer Dazn to broadcast Spanish football matches, in line with the operator’s pay-TV strategy.
The operator stated it would pay an average of €330 million per season from 2027, in an arrangement running until 2032. The sum is 18% more than the €1.4 billion deal Telefonica agreed with Dazn in 2022 which also spanned five seasons.
Telefonica has made football a central part of its strategy, using premium sports content to attract high-value customers on its pay-TV bundled packages.
It faced increased competition for the rights to show top-tier La Liga matches, which has expanded access beyond traditional broadcasters, and attracted interest from US media groups and digital companies.
UK streaming service Dazn holds the rights to show around half of the matches in La Liga and the new agreement gives Telefonica access to games lost to the streaming service following an auction in 2025 which was worth €5 billion.
Telefonica attributed a domestic revenue increase in Q2 to a boost from TV subscribers during the FIFA World Cup tournament.
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