Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/Broadcasting_and_the_foundation_of_the_Premier_League> ?p ?o }
- Broadcasting_and_the_foundation_of_the_Premier_League abstract "The Premier League was formed with the intention of English football's top clubs capitalising on television rights. Whereas in the Football League money is distributed to the lower leagues, the Premier League intended to sell its own rights, with earnings from broadcasts divided equally between the member clubs only. The decision to break away and start a new league also gave clubs the chance to vote on decisions through a one club-one vote motion.Premier League chief executive Rick Parry and chairman Sir John Quinton were assigned the task of finding suitors. Parry initially favoured working with ITV, led by Greg Dyke, but wanted the network to pay in excess of £30 million for live football. In the meantime BSkyB – a company formed by the merger of Rupert Murdoch's Sky Television and British Satellite Broadcasting – looked into the possibility of obtaining live rights to the Premier League. BSkyB chief executive Sam Chisholm attempted to make a joint offer with ITV which did not come into fruition, so he formed an alliance with the BBC, aware the corporation wanted a highlights package. Although Chisholm was against Parry's idea of a football-only channel, he built a rapport with the Premier League and his company invited Parry to its facilities in Livingston, where he spoke to Murdoch in person.Nearer the time of the vote Chisholm made a successful pitch to the league chairmen which worried Dyke. He phoned the ITV franchises and advised them to raise their collective bid – this came to a total of £262 million. Upon receiving the bid on the day of the vote, Parry phoned Chisholm and advised him to bid higher. Chisholm in turn telephoned Murdoch to seek his permission and submitted a new offer which totalled £304 million. At the clubs' meeting, Parry recommended BSkyB's joint bid with the BBC which won the vote by 14 to 6 with two abstentions. The deal was scrutinised by much of the English print media and leading figures of English football. ITV sought legal action after learning BSkyB had submitted an improved bid without their knowledge, but their case was thrown out of the High Court.BSkyB's continued partnership with the Premier League has led to an increase in the value of broadcasting rights and matches televised. Managers however have voiced their concerns about the latter and the excessive cost of live rights is partly a reason why top-flight football has not returned to the BBC or ITV. In 2005 BSkyB's monopoly on live rights ended after the European Commission ruled that the Premier League needed to have more than one holder.".
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