*** raises price of *** Sports, ESPN
B***B is raising its prices for its *** Sports 1 and *** Sports 2 networks, ESPN and an entertainment content package as of September after a two-year price freeze.
Media regulator Ofcom has disclosed the increases, and B***B published an advisory on its website, highlighting it has spent more than $600 million more per year on content. Each of the two *** Sports channels will cost an additional 50p per month, and the price of ESPN will rise by £1 a month. The company’s *** Entertainment packages will cost an extra £1.50 per month, but pricing for *** Movies and other offers will remain unchanged, the company said.
“Having held our prices for 24 months, this September there will be a small price increase to some of our TV packages. We’re committed to investing for our customers, and over the last two years this has led to *** investing nearly £400 million ($624 million) more in content per year, the launch of two new channels (in a Formula 1 channel and *** Atlantic, which features HBO content) and award-winning products, including *** Go and *** Anytime+” said ***.
The company also recently agreed to massively raise its spending on the English Premier League rights.
*** added: “A small increase in our prices means that we can continue to reinvest in the best content for our customers, alongside market-leading inn***tion to make their experience even better.”
B***B is in the process of writing to all of its 10.5 million subscribers to advise them of what the price changes mean for them.
The change also effects other pay TV operators that have the right to carry the sports networks, including telecom giant BT and cable firm Virgin Media. The rate they pay to wholesale *** Sports channels is linked to their retail price.
__________________
