TMCNet:  V8 Supercars TV deal stalls

[January 01, 2013]

V8 Supercars TV deal stalls

Jan 01, 2013 (The Australian Financial Review - ABIX via COMTEX) -- Seven West Media paid $A32m for the V8 Supercars Australia broadcasting rights in its recently-concluded five-year deal. The group is believed to be seeking a new contract of 1-2 years, and at a significantly lower cost. The contract negotiations have coincided with a difficult advertising market for TV networks.


Publication Date: 2 January 2013 SEVEN WEST MEDIA LIMITED - ASX SWM V8 SUPERCARS AUSTRALIA PTY LTD TEN NETWORK HOLDINGS LIMITED - ASX TEN NINE ENTERTAINMENT COMPANY PTY LTD CRICKET AUSTRALIA AUSTRALIAN FOOTBALL LEAGUE NATIONAL RUGBY LEAGUE

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