Simplify the following text for a Grade 10 native English-speaking person.
Original: Despite the fact that commercial stations ( such as Sky Sports ) have acquired the vast majority of sports television broadcasting rights in the UK , the BBC remains dominant in radio sport with BBC Radio 5 Live and its local radio stations .
Simplified: BBC Radio 5 Live ( formerly BBC Radio Five Live ) is the BBC 's radio station that gives live BBC News , phone-ins , and sports news . It is the main radio station for sport in the United Kingdom , covering nearly all big sports events in the UK or with British competitors in , including the Olympics and the football World Cup