Surprised this hasn’t been posted yet but the Nine Newspapers has an article that provides a behind-the-scenes look at Nine’s push to obtain the Olympics rights. There are a few interesting tidbits in it, including some info about the amount Seven reportedly lost on their 2016 - 2022 Olympics package:
Insiders at Seven West Media, the longstanding broadcaster partner of the IOC, claim it lost about $120 million on its last Olympics rights package, which it signed for about $200 million back in 2014 … Media sources familiar with the deal told this masthead last year that Seven had lost about $60 million on the Tokyo 2020 Olympics…
Seven had a strong association with the Olympics dating back to the 1990s, and periodically before that dating back to 1956. But this was the first Olympics that was broadcast via its linear TV channels and online video service 7Plus.
Does this rights package include the Gangwon 2024 Winter and Dakar 2026 Summer Youth Olympic Games too? Could be a good idea and could be on streaming with 9Now and Stan Sport??
Nine only has print newspapers in Sydney and Melbourne. The Brisbane and Perth operations are only on-line news sites; they could introduce a SA one as well I suppose.
Seven West Media CEO James Warburton has told Mediaweek why the network pulled out of bidding for the 2024-2032 Olympics rights.
It’s not just the rights fee, it is $120 million of production. They are very expensive things to produce with airfares, accommodation, OBS costs etc. Then there’s hospitality on top of anywhere between $30 to $50 million depending on how big you go from a hospo point of view. It is not just a rights deal but a half-a-billion dollar commitment, we would have had to have made all the way through to Brisbane.
And even in our timezone, it’s likely the times of significant events in Brisbane will be determined by NBC and not Nine - cue repeats of morning finals in the swimming like in Tokyo.
Highly unlikely that Brisbane will be doing any form of finals during the morning when its home audience will be at work. From memory, Sydney 2000 had swimming finals in the evening local time.
Money talks and the American broadcasters pay a lot of it. Morning swimming events happened at both Beijing and Tokyo and will most likely happen again I’d suggest