May 29, 2018 / 5:48 PM / 23 days ago

France's soccer rights jump; Spain's Mediapro wins best lot

PARIS (Reuters) - Annual broadcasting rights for France’s major soccer championship will reach a record of more than 1.15 billion euros ($1.33 billion)over the 2020-2024 period, the head of the country’s professional soccer association said on Tuesday.

This represents a jump of 59.7 percent over the previous five-year period, Didier Quillot said.

Spanish broadcasting group Mediapro, majority-owned by Chinese private equity fund Orient Hontai, won the best lot out of the seven offered in the auction, Quillot said.

The group notably beat Vivendi’s pay-TV channel Canal Plus in the auction, which ended up empty handed. Altice’s French unit SFR, once considered as a leading contender, won no lots.

($1 = 0.8660 euros)

Reporting by Mathieu Rosemain and Gwenaelle Barzic; editing by Michel Rose

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