Discovery nabs European TV rights to 2018-2024 Olympics

June 29, 2015 12:00 PM

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Discovery Communications is becoming the new European broadcaster of the Olympic Games.

In a $1.45 billion deal announced Monday, Discovery's Eurosport channels will televise the 2018, 2020, 2022, and 2024 games on television and on the Internet. When it comes to the Olympics, Discovery will effectively become the NBC of Europe -- the sole rights-holder for the games.

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