I agree but also seven wouldn’t have paid them any money yet for the rights. If the games are cancelled then they don’t hand over $170m and there’s an expense that they’ve saved. They were going to make a loss on the games as it was. Costs outstripped the revenue.
It’s a huge outlay for 2 weeks of huge ratings that invariably go back to normal. Attempts to relaunch are tepid at best given its contingent on having good programming that people want to watch.
As far as I’m aware, Seven havent given any indication what the terms of payment are - given its a multi-event deal a payment on a recurring basis (say quarterly or 6-monthly) would make sense
Would Nine be interested again (i.e.) London 2012. They managed to poach rights in late 2000s in a strategic negotiation, before Seven got them back for Rio 2016.
They now have the tennis and Married as a powerful promotion tool.
But they don’t really need it as such, they’re already on fire, it’d just add ratings and revenue for them.
Indeed. There have been occasions in the past (most notably 2004 & 2008) when the Olympics have been quite a decent launch pad for new programming but by and large, viewing habits return to normal once the games are over. Perhaps no more evident than in 2000 when Seven enjoyed spectacular ratings for the Sydney Olympics, but Nine pretty much won the rest of that year before and after the events of September 15-October 1.
At the moment it’s not even clear if Nine are interested in keeping the NRL beyond 2022 (not that you can blame them for keeping their options open with Fox League eroding FTA ratings in recent years), so I definitely can’t see them spending up big on one-off events like the Olympics anytime soon!
Yes it’s the simulcast aspect that they’re against and rightfully so. This doesn’t seem to be ever going to change if these sports keep kowtowing to foxtel.
As for the olympics they aren’t as prestigious as before. Also seven have chosen to launch absolute rubbish shows off the back of them and therefore they aren’t the launch pad that is needed.
Given they tried to sell off the BBL after the big song and dance act they did to get the rights, it wouldn’t surprise me if they sold off the games but I just don’t think anyone would want them at this stage.