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Read this: BT's Champions League deal hits BSkyB shares - Business -

Summary: BSkyB shares have fallen on news that BT has won the rights to show Champions League games. The loss of the contract is a major blow for BSkyB and ITV, which currently share the rights. Shares in BT, a newcomer to sports broadcasting, were trading 2 down amid fears in the City that it has massively overpaid. - link

BT's Champions League deal hits BSkyB sh…

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