According to François Godard of the research company Enders Analysis, the landscape has changed quickly.
“Discovery already had sports in Europe and were seeing this as an opportunity to upgrade their business model,” he says. “If you have something high profile like Premier League and Champions League rights you can go direct to consumer [with Discovery+], which is where everyone wanted to go. Now companies like Disney are not only cutting costs on content but they are willing to consider licensing it too. Now you must look at [the content it will get from] BT Sport alone: does it make sense and how can it make a profit? It’s not that it’s impossible but it’s something that’s long term and it will depend a lot on relationships with third parties, like Sky, selling it to consumers for you.”