Latest news with #MattStanton
The Age
30-06-2025
- Business
- The Age
Nine goes all in on sports with EPL coup to bulk up Stan
Nine Entertainment has taken a big swing (or massive header) in buying the broadcast rights to English Premier League and FA Cup soccer to bolster its fledgling Stan Sport streaming service. These rights, being acquired from Optus, will cost an estimated $60 million a year – the equivalent of around half what Nine pays for the right to major rugby league games. But while many of us were introduced to the sport via the excitement around the Matildas and the Socceroos international games, these are not part of the package. Paramount and Ten have these matches tied up. Nine is punting on soccer fans being willing to pay for a Stan subscription and an additional Stan Sport subscription to watch these games. It knows that around half of the roughly 700,000 of the people that watch Optus Sport are not Stan subscribers, so in theory these soccer fans could migrate to Stan. But some of the Optus subscribers were given concessional rates if they used the Optus phone network so Stan pricing may prove too rich for some soccer fans. Even after accounting for the fact that not all these subscribers are bankable, Nine told investors that the deal would improve Stan's profit and cashflow. Loading Fresh from the sale of its 60 per cent stake in real estate portal Domain which netted Nine proceeds of $1.4 billion, Nine's new boss, Matt Stanton, has the cash to invest. And it is probably no accident that Stanton has chosen Stan Sport as the recipient of the first lick of cash. Having sold its stake in digital business Domain, Nine needs an asset in which there is potential for growth given free to air television is in long-term decline. Sure, Domain was not firing in all earnings cylinders, but it was operating in a duopoly in a country that is real estate obsessed. In 2024, Domain grew its profit by 32 per cent.
Sydney Morning Herald
30-06-2025
- Business
- Sydney Morning Herald
Nine goes all in on sports with EPL coup to bulk up Stan
Nine Entertainment has taken a big swing (or massive header) in buying the broadcast rights to English Premier League and FA Cup soccer to bolster its fledgling Stan Sport streaming service. These rights, being acquired from Optus, will cost an estimated $60 million a year – the equivalent of around half what Nine pays for the right to major rugby league games. But while many of us were introduced to the sport via the excitement around the Matildas and the Socceroos international games, these are not part of the package. Paramount and Ten have these matches tied up. Nine is punting on soccer fans being willing to pay for a Stan subscription and an additional Stan Sport subscription to watch these games. It knows that around half of the roughly 700,000 of the people that watch Optus Sport are not Stan subscribers, so in theory these soccer fans could migrate to Stan. But some of the Optus subscribers were given concessional rates if they used the Optus phone network so Stan pricing may prove too rich for some soccer fans. Even after accounting for the fact that not all these subscribers are bankable, Nine told investors that the deal would improve Stan's profit and cashflow. Loading Fresh from the sale of its 60 per cent stake in real estate portal Domain which netted Nine proceeds of $1.4 billion, Nine's new boss, Matt Stanton, has the cash to invest. And it is probably no accident that Stanton has chosen Stan Sport as the recipient of the first lick of cash. Having sold its stake in digital business Domain, Nine needs an asset in which there is potential for growth given free to air television is in long-term decline. Sure, Domain was not firing in all earnings cylinders, but it was operating in a duopoly in a country that is real estate obsessed. In 2024, Domain grew its profit by 32 per cent.
The Advertiser
30-06-2025
- Business
- The Advertiser
Stan Sport buys rights to air English Premier League
English Premier League and FA Cup games will be shown on Stan Sport after the streaming service bought the broadcast rights in a $20 million deal. Optus Sport has broadcast games from one of the world's biggest soccer leagues for the past nine years in Australia but will shut down on August 1 following the buyout. Stan Sport, which is owned by Nine, will begin streaming content from the 2025-26 season in August. Stan is paying Optus Sport an upfront fee of $20 million and making a contribution toward the first payment for the next Premier League rights cycle. "This marks a step change in Nine's digital growth strategy," Nine CEO Matt Stanton said. "The Premier League is the most-watched football league on the planet and alongside the Emirates FA Cup, this acquisition reinforces Nine's position as the home of sport in Australia. "We are proud to deliver these iconic competitions to Australian audiences." The agreement includes the rights to Japan's and the US National Women's Soccer League. Nine said it would communicate with Optus Sport customers to ensure a seamless transition to Stan Sport. "It's the end of an unforgettable era here at Optus Sport we are excited for the future of football in Australia," Optus Sport said on its website. English Premier League and FA Cup games will be shown on Stan Sport after the streaming service bought the broadcast rights in a $20 million deal. Optus Sport has broadcast games from one of the world's biggest soccer leagues for the past nine years in Australia but will shut down on August 1 following the buyout. Stan Sport, which is owned by Nine, will begin streaming content from the 2025-26 season in August. Stan is paying Optus Sport an upfront fee of $20 million and making a contribution toward the first payment for the next Premier League rights cycle. "This marks a step change in Nine's digital growth strategy," Nine CEO Matt Stanton said. "The Premier League is the most-watched football league on the planet and alongside the Emirates FA Cup, this acquisition reinforces Nine's position as the home of sport in Australia. "We are proud to deliver these iconic competitions to Australian audiences." The agreement includes the rights to Japan's and the US National Women's Soccer League. Nine said it would communicate with Optus Sport customers to ensure a seamless transition to Stan Sport. "It's the end of an unforgettable era here at Optus Sport we are excited for the future of football in Australia," Optus Sport said on its website. English Premier League and FA Cup games will be shown on Stan Sport after the streaming service bought the broadcast rights in a $20 million deal. Optus Sport has broadcast games from one of the world's biggest soccer leagues for the past nine years in Australia but will shut down on August 1 following the buyout. Stan Sport, which is owned by Nine, will begin streaming content from the 2025-26 season in August. Stan is paying Optus Sport an upfront fee of $20 million and making a contribution toward the first payment for the next Premier League rights cycle. "This marks a step change in Nine's digital growth strategy," Nine CEO Matt Stanton said. "The Premier League is the most-watched football league on the planet and alongside the Emirates FA Cup, this acquisition reinforces Nine's position as the home of sport in Australia. "We are proud to deliver these iconic competitions to Australian audiences." The agreement includes the rights to Japan's and the US National Women's Soccer League. Nine said it would communicate with Optus Sport customers to ensure a seamless transition to Stan Sport. "It's the end of an unforgettable era here at Optus Sport we are excited for the future of football in Australia," Optus Sport said on its website. English Premier League and FA Cup games will be shown on Stan Sport after the streaming service bought the broadcast rights in a $20 million deal. Optus Sport has broadcast games from one of the world's biggest soccer leagues for the past nine years in Australia but will shut down on August 1 following the buyout. Stan Sport, which is owned by Nine, will begin streaming content from the 2025-26 season in August. Stan is paying Optus Sport an upfront fee of $20 million and making a contribution toward the first payment for the next Premier League rights cycle. "This marks a step change in Nine's digital growth strategy," Nine CEO Matt Stanton said. "The Premier League is the most-watched football league on the planet and alongside the Emirates FA Cup, this acquisition reinforces Nine's position as the home of sport in Australia. "We are proud to deliver these iconic competitions to Australian audiences." The agreement includes the rights to Japan's and the US National Women's Soccer League. Nine said it would communicate with Optus Sport customers to ensure a seamless transition to Stan Sport. "It's the end of an unforgettable era here at Optus Sport we are excited for the future of football in Australia," Optus Sport said on its website.
ABC News
30-06-2025
- Business
- ABC News
Optus Sport customers to receive discounts after transfer of Premier League broadcast rights to Stan
Existing Optus Sport customers are set to receive discounted pricing to watch the English Premier League after the transfer of broadcast rights to Stan. Nine's Stan Sport streaming service will begin airing the football content from August 1, the date when Optus Sport shuts down, ending a nine-year run. The new Premier League season kicks off on August 16. It is yet to be determined whether any football content will be broadcast on Nine's free to air channels at this stage. Stan is paying Optus Sport an up-front fee of $20 million and making a contribution toward the first payment for the next Premier League rights cycles. The agreement also includes the rights to FA Cup games, Japan's and the US National Women's Soccer League. "The Premier League is the most-watched football league on the planet, and alongside the FA Cup, this acquisition reinforces Nine's position as the home of sport in Australia," Nine CEO Matt Stanton said in a statement. "We are proud to deliver these iconic competitions to Australian audiences through Stan Sport." Under the agreement, Optus Sport customers who remain Optus telecommunications customers will be provided discounted pricing from Stan. Existing customers will receive detailed information and special offers in coming days to ensure the transition to Stan is as simple as possible. Optus CEO Stephen Rue said the decision to transfer the Premier League broadcast rights comes as the company shifts its focus to Optus's core operations in telecommunications, its commitment to customers, and unlocking further value for the business in its future. "Optus Sport has delivered outstanding sports broadcasting to Australian football lovers for almost a decade," Rue said in a statement. "One of our key priorities was to find a home for Optus Sport content which would take the game forward and enable all Optus Sport subscribers to continue to receive uninterrupted access to all their favourite football action. "Optus Sport customers and the game of football will be in great hands at Stan, and we know the game will receive the broadcasting priority it deserves from an organisation whose speciality is delivering quality sports programming to its customers." Existing Optus Sport customers will still be able access the broadcast of the UEFA Women's Euro 2025 tournament, which commences on July 3. ABC/AAP
Daily Mail
30-06-2025
- Business
- Daily Mail
BREAKING NEWS Huge change to the way Aussies watch football as Optus is DITCHED as English Premier League broadcaster: Here's where to watch it instead
Channel Nine and its streaming service Stan have secured the right to air all English Premier League matches in Australia in what amounts to a seismic change for soccer fans down under. The broadcaster reached an agreement to snatch the rights from Optus Sport in a move that was officially announced on Monday. Under the terms of the deal, Nine and Stan will also be the sole way to watch FA Cup matches in Australia. The three-year-deal effectively ends Optus's live sports programming and brings an end to the Optus Sport platform, which will close. Nine has bought out the rest of the rights period from Optus, with Stan giving discounted pricing to Optus Sport customers so they can continue to watch the world's biggest football league. The transition of the rights becomes official on August 1. 'The Premier League is the most-watched football league on the planet, and alongside the FA Cup, this acquisition reinforces Nine's position as the home of sport in Australia. We are proud to deliver these iconic competitions to Australian audiences through Stan Sport,' Nine CEO Matt Stanton said in a statement.
