The Football League has signed a new three year broadcasting deal with Sky Sports worth £195m, a reduction of £23m a season on the previous deal between the two parties.
The agreement, which will run from the 2012/13 season, includes coverage of the npower Football League, Carling Cup and Johnstone's Paint Trophy.
The BBC, which currently shows 10 live Championship games a year plus the Carling Cup final, opted out of bidding for live games.
Football League Chairman Greg Clarke said: "Sky Sports is a highly valued partner of The Football League and we are delighted to extend our relationship for a further three seasons.
"This has been a challenging climate in which to negotiate television rights, given the state of the economy and the lack of competitive tension in the sports broadcasting market.
"I am confident that our clubs will take heart from seeing such a significant ongoing investment in their competitions, despite a reduced level of broadcasting income, as it provides financial certainty in uncertain times."
A deal for the terrestrial highlights has yet to be agreed by the Football League.