Under the new formula, the maximum a club can receive is 1.8 times the amount received by the lowest-earning club, the Premier League said in a statement.
It means that BT will, for the first time, be able to screen show multiple midweek Premier League matches on the same evening.
It has always been rumoured that an Internet giant would get in on the Premier League action, breaking the recent monopoly of BT Sport and Sky Sports, and now Amazon has stepped up to the plate.
It makes complete sense for one of the online streaming services to pick up a Premier League package.
So, the upshot is that if you want to (lawfully) watch all the top flight matches being broadcast from 2019 onwards, you'll need a Sky Sports subscription (£70-odd per month all in), BT Sport (£50-ish) and Amazon Prime.
Apple issues new App Store rules
There is an enhanced Intelligent Tracking Prevention system to block social media buttons and comment widgets from tracking users. Mojave is getting a new Stacks mode, which lets you you stack your desktop icons automatically into stacks by kind, date, or tab.
Analysts at Liberum, however, said Amazon's main rationale for buying the rights was a way to boost Amazon Prime membership rather than looking to become a pay-TV operator.
Amazon, which started as an online retailer, already broadcasts the US Open tennis, ATP World Tour Tennis events and National Football League games. The Premier League is the most watched sports league in the world.
Sky Sports and BT Sport purchased 160 matches per season for approximately £4.5 billion earlier in the year, meaning that two packages remained unsold until this week, with one being midweek and the other being Bank Holiday fixtures.
In Ireland, the League has concluded the sale of 233 live matches per season split into eight packages of rights, the same seven packages of rights as in the United Kingdom and an additional package of 33 Saturday 15:00 matches.
"The development of Amazon Prime service is a longer-term strategy to try to reduce the number of illegal streaming sights and push people to pay for subscriptions".
The company has more than 100 million subscribers to Prime around the world, including several million in Britain.
The broadcasters bid on seven packages of fixtures and in February, Sky Sports paid £3.58bn for four of those, while BT Sport spent £885m on another.
That said, it's not quite as good of a deal as the recent Champion's League final, which was streamed for free through BT's YouTube channel.
Antoine Griezmann puts Premier League suitors on alert
The Barcelona man told Mundo Deportivo he hoped Real Madrid's pursuit of Paris Saint Germain striker Neymar would come to nothing. Last season, manager Ernesto Valverde rarely fielded Messi, Ousmane Dembele, Philippe Coutinho and Luis Suarez in same side.
Warriors beat Cavs to close in on second straight title
We know throughout the course of a 48-minute game, there are going to be plays where it was miscue here or a miscue there. From that moment on, Kerr said he made things easier for everyone around him - except the Cavaliers.
French Open 2018: Dominic Thiem vs Alexander Zverev
The statistics made bleak reading for Zverev - he finished with 42 unforced errors and just 19 winners. When the match ended on court docket Suzanne-Lenglen, Zverev sunk to his knees with arms outstretched.
AMD reveals its 32-core Threadripper 2 CPU
AMD also announced that its first 7nm parts will be Vega GPUs that will power its Radeon Instinct family of accelerators. AMD has initial samples in its labs, and says that 7nm Epyc will be sampling "very shortly" and will launch in 2019.
Texas man bitten by severed rattlesnake head
He was eventually airlifted to Christus Spohn Shoreline Hospital, she said. "He had to rip the snake's head off", Jennifer said". The bite came just a week after a kayaker in SC was hospitalized after a rattlesnake attacked him after falling from a tree.