Broadcast giant seeks to claw back “billions” after piracy scandal
14 September 2020
beIN confirms it is seeking billions of compensation for beoutQ pirate channel.
Leading MP confirms piracy affected failed Saudi bid for Newcastle United.
Executive refuses to rule out further rebates after €130 million claimed back from Serie A.
Trade bodies say legislation not for purpose.
A senior broadcast executive has warned that piracy and Covid are a “deadly combination for the industry of sports” as her company seek “billions” in compensation in the fall out of the Middle East piracy wars.
Sophie Jordan, beIN Media Group’s executive director of legal affairs, says that the broadcaster has “an investment arbitration against Saudi Arabia ongoing in which we will claim substantial damages in the billions” and refused to rule out further clawing rebates from sports bodies after beIN successfully claimed a €130 million rebate on Serie A coverage in June.
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