Feb 19, 2016 05:22 PM

LeTV Sports Said to Pay 2.7 Bln Yuan to Show CSL Games for Two Years

By staff reporter Li Huiling

(Beijing) – A state-run sports broadcasting company has resold the rights to air games in the country's top soccer league to an online video streaming company for 2.7 billion yuan, several people with knowledge of the matter say.

State-backed Ti'ao Dongli Sports Communication Co. Ltd., which holds the video rights to Chinese Super League (CSL) games from 2016 to 2020, resold the rights for the first two seasons to LeTV Sports Culture Develop (Beijing) Co. on January 26, the sources said.

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