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Note 10. Content assets and commitments
(b)
Notably includes broadcasting rights of Canal+ Group for the following sport events:
–– the French professional Soccer League 1, for the 2015/2016 season (€427 million) and the four seasons (2016/2017 to 2019/2020) awarded on
April 4, 2014 for the two premium lots (€2,160 million), compared to €854 million as of December 31, 2013 with respect to the two seasons
2014/2015 and 2015/2016;
–– the Soccer Champions League for three seasons (2015/2016 to 2017/2018) awarded on April 11, 2014 for one lot;
–– the Soccer English Premier League for the 2015/2016 season, renewed in January 2013 for three seasons; and
–– the Formula 1 World Championship awarded in February 2013.
These commitments will be recognized in the Statement of Financial Position either upon the start of every season or upon a significant initial
payment.
Moreover, on January 19, 2015, following to a call for tenders carried out by the National Rugby League, Canal+ Group secured exclusive rights
related to all of the National French Rugby Championship’s “TOP 14” matches. These rights, which include all seven games on each match day,
play-off games, as well as the Jour de Rugby show, cover the seasons 2015/2016 to 2018/2019.
(c)
Primarily relates to UMG which routinely commits to pay agreed amounts to artists and other parties upon delivery of content or other products
(“Creative talent and employment agreements”). Until the artist or the other party has delivered his or her content or the repayment of an advance,
UMG discloses its obligation as an off-balance sheet given commitment. While the artist or the other party is obligated to deliver a content or other
product to UMG (these arrangements are generally exclusive), this counterpart cannot be reliably determined and, thus, is not reported in received
commitments.
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