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TNT sports -EE Tv

Smith861
Investigator
Investigator

Speculation in the media BT are selling the shares in TNT sports, I would have thought BT would retain these share to boost TV offering with HBO max launching next year will this end exclusive deals EE customers ..is the end near 

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zulu17
Prodigious Contributor
Prodigious Contributor

There is a joint venture company  that WBD and BT formed. I believe WBD have option to acquire the BT share in that company at two points in time ( one of which I believe has passed).  I believe that if WBD do not exercise their  option then BT would from a certain point in time be able to sell to other buyers . 

Even if BT were to sell there are I believe agreements for continuation of coverage for a number of years.