June 4, 2018 / 12:01 PM / 3 months ago

Discovery Inc to invest $2 bln to broadcast PGA golf tour events

June 4 (Reuters) - Discovery Inc, the owner of Discovery Channel and Animal Planet, said on Monday it would invest over $2 billion for rights to broadcast and stream PGA Tour golf tournaments internationally.

The 12-year partnership involves the development of a new PGA Tour-branded video streaming service, the company said. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shailesh Kuber)

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