News Corp Pays Whopping $3.1B For This Popular Sports Broadcast Rights
News Corp (NASDAQ: NWSA ) and Seven West Media Ltd (OTC: WANHY ) extended a seven-year contract worth a whopping A$4.5 billion ($3.1 billion) to retain the television broadcast rights for Australian Rules Football, Bloomberg reports . The contract will run from 2025 until 2031, covering Australia''s most watched sport with its grand final, the highest-rated broadcast in the past two years. More than A$640 million a year dwarfs the … Full story available on Benzinga.com
News Corp Pays Whopping $3.1B For This Popular Sports Broadcast Rights
News Corp (NASDAQ: NWSA ) and Seven West Media Ltd (OTC: WANHY ) extended a seven-year contract worth a whopping A$4.5 billion ($3.1 billion) to retain the television broadcast rights for Australian Rules Football, Bloomberg reports . The contract will run from 2025 until 2031, covering Australia''s most watched sport with its grand final, the highest-rated broadcast in the past two years. More than A$640 million a year dwarfs the … Full story available on Benzinga.com