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New sports channel in Qatar spends €330m in TV rights

Qatar's newly launched beIN Sport 1 and 2 channels have spent €330m in TV rights and acquired 1,600 matches per year, Rapid TV News has reported. The channels' financial spending is carefully measured and controlled, the channels' editorial director Charles Bietry, said, stressing that Al Jazeera's sport channels were not competitors to France's Canal+. The channels are aiming to attract more than 400,000 subscribers over the next 12 months, Bietry said.