"The television rights will be exploited by Sogecable", it points out in an interview to the newspaper Expansion.
This way, Sogecable would have exercised the option that had on the rights of the current champion of League for the period 2008/09, opposite to the Mediapro offer, group of communication that also he was deciding in favor of these rights.
They communicated in March to Real Madrid the exercise of this option
Sogecable and his informed Audio-visual Sport communicated last March to Real Madrid the exercise of this call option in the conditions agreed in July, 1999.
According to sources of this group, Sogecable acquired in this year the audio-visual rights of Real Madrid for a series of soccer periods, and in particular, an option right on the audio-visual rights of Real Madrid for the period 2008/2009.
Owing to the integration of Digital Route in Sogecable, the Cabinet in November, 2002 authorized the operation, although it imposed on Sogecable a series of conditions, in two different agreements, one relative to the market of soccer events and other relative to other markets, which expired last November 29, 2007.
Sogecable understands that his option right on the audio-visual rights of Real Madrid, corresponding to the period 2008/2009, has not turned out to be affected by the conditions imposed by the Cabinet in November, 2002.
Also, it sees his option endorsed by the Service of Defense of the Competition (today National Commission of the Competition) and for the Commission of the Market of the Telecommunications, in a report of April, 2008.
(EP, 30/05/08) |