Paramount+ will stream the UEFA Champions League until 2030

will be home to the UEFA Champions League for the remainder of the decade. Paramount Global (formerly ViacomCBS) has secured a six-year extension to stream the glittering annual soccer tournament through the end of the 2029-30 season. The deal includes the English language rights to the Europa League and Europa Conference League, the second and third divisions of international European club football competition.

The agreement is valued at over $1.5 billion, meaning Paramount Global will pay around $250 million a year. That’s a steep increase from the $100 million a year the company currently pays who first reported the news. Several media outlets are said to have been interested in the Champions League rights, with Paramount believed to have overtaken Amazon.

The deal marks an extension of Paramount’s contract with UEFA, which expires in 2024. Although some Champions League games air on Paramount-owned networks like CBS and CBS Sports Network, Paramount+ streams all of them. The service will do so for another eight years.

The latest pact runs until the 2026 World Cup, which will be held in the United States, Canada and Mexico and aims to make the sport even more popular in North America. Paramount (which also owns the rights to broadcast some international matches of CONCACAF, die and die) broadcast the 2022 Champions League final on CBS and . It was also the most-streamed football game of all time on Paramount+.

“UEFA has been a key engine for Paramount+ since we started and we’re excited to continue this successful partnership with even more world-class football in the 2029/30 season, building on the incredible momentum we’ve created over the past two years have,” said CBS esports chairman Sean McManus in a statement.

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