Discovery Inc in $2 bln deal for international PGA golf rights

June 4 (Reuters) - Discovery Inc, the owner of Animal Planet and the Discovery Channel, will invest more than $2 billion over the next decade to broadcast and stream golf's PGA Tour outside the United States, the company said on Monday.

The 12-year partnership involves the development of a new PGA Tour-branded video streaming service, the company said.

21 PHOTOS
The richest golf players ever
See Gallery
The richest golf players ever

Tiger Woods

Net worth: $740 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Arnold Palmer

Net worth: $700 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Phil Mickelson

Net worth: $400 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Jack Nicklaus

Net worth: $320 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Greg Norman

Net worth: $300 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Gary Player

Net worth: $250 Million
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Fred Couples

Net worth: $250 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Rory Mcllroy

Net worth: $110 Million
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Ernie Els 

Net worth: $85 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Vijay Singh

Net worth: $75 Million
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Sergio Garcia 

Net worth: $70 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Jim Furyk 

Net worth: $60 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Jordan Spieth 

Net worth: $60 Million 
Photo credit: Reuters 

Info via: Celebrity Net Worth 

Nick Faldo 

Net worth: $60 Million 
Photo credit: Getty 

Info via: Celebrity Net Worth 

Davis Love 

Net worth: $50 Million 
Photo credit: Getty 

Info via: Celebrity Net Worth 

Pete Dye

Net worth: $50 Million 
Photo credit: Getty 

Info via: Celebrity Net Worth

Adam Scott

Net worth: $40 Million
Photo credit: Getty 

Info via: Celebrity Net Worth

Annika Sorenstam

Net worth: $40 Million 
Photo credit: Getty 

Info via: Celebrity Net Worth

Graeme McDowell

Net worth: $40 Million 
Photo credit: Getty 

Info via: Celebrity Net Worth

Lee Trevino

Net worth: $40 Million 
Photo credit: Getty 

Info via: Celebrity Net Worth

Lee Westwood 

Net worth: $40 Million 
Photo credit: Getty 

Info via: Celebrity Net Worth 

HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

Discovery will get global TV and online rights to all PGA tour media properties, including tournaments such as The Players Championship, the FedExCup Playoffs and the Presidents Cup.

The company will start investing in 2019, it said.

Discovery, best known in the United States for cable networks such as TLC, is already an established sports broadcaster in Europe through its subsidiary Eurosport.

The PGA partnership will be led by Discovery's Alex Kaplan, previously executive vice president for Eurosport Digital.

(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shailesh Kuber) 

Read Full Story