Sky seeks 1.9 billion euros from TIM and DAZN over soccer
Sky is seeking 1.9 billion euros from Telecom Italia and DAZN over a soccer deal. The claim follows a ruling that their 2021 agreement restricted competition.
Sky is seeking 1.9 billion euros ($2.2 billion) in damages from Telecom Italia (TIM) and DAZN over a soccer broadcasting deal in Italy. The claim follows a 2023 antitrust ruling that found the 2021-2024 Serie A rights agreement restricted market competition. This litigation threatens the balance sheets of the largest Italian telco and its primary sports streamer.
### Breaking Down the 1.9 Billion Euro Claim Sky alleges the partnership between TIM and DAZN was designed to exclude it from the broadcasting market. The operator is seeking 1.1 billion euros for lost profits, according to documents released by TIM on Wednesday. The total claim reaches 1.9 billion euros when including 500 million euros in interest and 380 million euros for brand devaluation.
