The bbg focuses on programming exchanges and broadcasting rights for sports events in the european union.

False

Explanation:

The Broadcasting Board of Governors (BBG), now known as the U.S. Agency for Global Media (USAGM) is an inderpendent agency that oversees the broadcasts of Voice of America, Radio Liberty among others in an advisory role.

While the media network that the BBG supervises broadcasts to dozens of countries around the world, the BBG does not focus on broadcasting sport events in the European Union.

This is one of the roles of the European Broadcasting Union.