LeTV agrees to sub-license Premier League in Hong Kong
Earlier this month, LeTV bought the next three-year cycle of Premier League rights for a reported US$400 million, taking them away from incumbent rights holder PCCW, which had paid half the price three years ago.
The internet-only broadcaster has now reached an agreement with PCCW, which owns Hong Kong pay-TV channel Now TV, though precise details are yet to be worked out.
Financial terms have not been revealed either.
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