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German soccer rights sold for 4.64 billion euros

Reuters - UK Focus

FRANKFURT, June 9 (Reuters) - Germany's soccer league sold national media rights for the next four seasons of the first and second Bundesliga for a total of 4.64 billion euros ($5.26 billion), with Sky (LSE: BSY.L - news) awarded the lion's share of live television rights.

The sum for the four seasons beginning 2017/18 represented an 85 percent increase on the proceeds for the preceding four seasons, the German soccer league told a news conference on Thursday. ($1 = 0.8818 euros) (Reporting by Georgina Prodhan; Editing by Harro ten Wolde)