Facebook’s astonishing US$261 million deal to acquire the streaming rights of English Premier League (EPL) matches in Thailand, Vietnam, Cambodia and Laos from next year until 2022 has made TV operators in the Southeast Asian countries be like cats on hot bricks. The world’s most powerful social media platform just clinched the deal worth about £200 million ($261.33 million) in July, to become the only place to stream all 380 Premier League matches per season from 2019 to 2022 in Cambodia, Laos, Thailand, and Vietnam, The Times reported. This is Facebook’s successful bid in an auction against various TV networks, which currently have the exclusive EPL broadcast rights in Southeast Asia. As Vietnam is among the countries affected, Vietnamese insiders worry that the social media giant’s strong move may mean a critical blow to digital TV and pay-TV operators in the Southeast Asian country. ‘Should not allow’ It is understood that under the pressure of the new heavyweight rival, the Vietnam Pay TV Association (VNPayTV) suggested administrators not allow Facebook to stream EPL matches in Vietnam. “Unless Facebook complies with the Competition Law and requirements related to censorship, editing and Vietnamese translation,” VNPayTV wrote in a letter to the Ministry… Read full this story
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