Eurosport pulls out of ONO talks
August 31, 2012 08.00 Europe/London By Julian Clover
Eurosport has withdrawn from talks with the Spanish cablenet ONO, saying that the proposed conditions were not acceptable.
It means that Eurosport and its sister channel Eurosport 2 will no longer be available on cable in the region as of today.
We are disappointed by this outcome, but Eurosport invests massively in live sports to deliver great value and we cannot renew at any price, the TF1-owned channel said.
A Eurosport insider told Broadband TV News that the channel had to protect its business model.
ONO has already moved to replace Eurosport, adding the celebrity-led Trace Sports as of September 1 in standard and high definition formats.
Eurosport covers over 150 sports and events across the year. The channel says it offers the best standards of expert commentary and high-level production.