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Paramount pays $1.5BILLION to beat Amazon to Champions League rights for CBS

Paramount Global have won a battle with Amazon to renew the US media rights for the UEFA Champions League in a deal valued over $1.5billion.

More to follow. 

Paramount have agreed a new deal for the US media rights for the Champions League

Paramount have agreed a new deal for the US media rights for the Champions League

Thierry Henry and Micah Richards are among the big names on CBS' soccer coverage

Thierry Henry and Micah Richards are among the big names on CBS’ soccer coverage