IOC awards Japanese TV rights to consortium in 4-games deal worth $1 billion

CP28819169
International Olympic Committee (IOC) president, Thomas Bach, right, shakes hands with United Nations (UN) Secretary General, Ban Ki-moon, left, at the IOC Headquarters in Lausanne Tuesday June 17 2014. The two leaders met to discuss the cooperation between the two organizations. (AP Photo/Keystone, Valentin Flauraud)

LAUSANNE, Switzerland – The IOC has awarded the Japanese broadcast rights for four Olympics through 2024 in a deal worth 110 billion yen ($1 billion).

A consortium including NHK and the Japan Commercial Broadcasters Association secured the rights Thursday to the 2018 Winter Games in Pyeongchang, South Korea, and the 2020 Summer Olympics in Tokyo, as well the 2022 Winter Games and 2024 Summer Olympics, whose host cities have yet to be chosen.

The deal covers broadcast rights across all media platforms, including free television, subscription TV, internet and mobile.

The $1 billion rights fee represents a 61 per cent increase from the previous eight-year period.

The Japanese consortium had signed a deal in 2012 for the rights to the 2014 Winter Games in Sochi and 2016 Olympics in Rio de Janeiro.

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

Related Articles