Founded in 1961, Myrtha Pools® quickly became Italy’s première swimming pool company, and has since grown into one of the world's leading swimming pool construction…read more
Seven to save $87 million with new AFL broadcast deal
The AFL has announced a revised broadcast rights deal with both Seven and Foxtel, covering the current agreement to 2022, plus an extension of two years for season 2023 and 2024 with Seven.
Seven West Media’s revised deal with the AFL will save the media group $87 million, after the company told the ASX it expects to derive $87 million in net benefits over the existing contract period to 2022 in media rights reduction, production savings, and other benefits.
The AFL said the revised five-year deal with Seven for 2020-2024 was for $730 million or an average of $146 million per year, after the AFL was originally collecting $416 million a year in broadcast rights from Seven, Foxtel, and Telstra combined.
Advising that the revised five-year deal provides certainty to both parties, Seven West Chief Executive, James Warburton advised "the AFL and Seven are a core part of each other’s DNA, and we are delighted to have not only reaches a revised agreement for the current contract term, but to have extended our relationship for a further two seasons, taking the agreement through until the end of 2024."
Ahead of the 2020 AFL season’s return last night, AFL Chief Executive Gillon McLachlan said the sport is pleased to have reached an agreement, adding "we are really pleased we have reached an agreement with both broadcasters over the remaining three years of the agreement and extended our partnership with Seven Network for two years.
“It has been a challenging period for the game and will continue to be but, we are incredibly fortunate to have long-term broadcast partners who share our commitment to expanding our game and our reach to an ever-wider audience.
“This deal only adds to our confidence in the ability of the industry and is a key pillar in the industry working its way through this challenge.
“Our partners understand the challenges we face and we certainly understand the challenges they are facing at the moment and that’s why we are really pleased to agree a solution that balances the needs of the football community and the needs of our broadcast partners.
“We must remain vigilant on balancing investment in the next generation of participants and players while maintaining discipline on costs.”
Foxtel Chief Executive, Patrick Delany, went on to say that he is excited to have the AFL back on Foxtel with the renewed Pay-TV broadcast deal.
Delany stated "it’s been a long road back for footy and working through the impact of COVID-19 on the game has been tough for everyone involved, fans, players, clubs, and the AFL and its broadcast partners.
“We have a great long-term partnership with the AFL, and we are incredibly pleased to be in a position to have footy back on Foxtel."
Image: The 2020 AFL season returned at the MCG last night.
2nd June 2020 - Gemba designs new AFL sponsorship campaign for Toyota
29th May 2020 - NRL secures new broadcast partnerships with Nine and Foxtel
28th May 2020 - MCG ready to offer transformed turf for AFL return
18th May 2020 - AFL to proceed with upgrade plan for Melbourne’s Marvel Stadium
15th May 2020 - AFL announces that season will restart from 11th June
13th May 2020 - AFL announces protocols for return to training and play
16th August 2019 - AFL looks to extend Seven Network broadcast deal
14th July 2019 - West Coast Eagles lets fans inspect their new training facility
8th March 2019 - AFL growth initiatives result in profit increase
13th April 2018 - Cricket Australia secures $1.2 billion broadcast deal
18th August 2015 - AFL announces record-breaking $2.5 billion television deal
14th September 2011 - Footy finals forecast to provide $2 billion boost to local industries
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
As of 2018, TicketServ operates as SeatGeek Asia Pacific Pty Limited, part of international ticketing platform SeatGeek. Click here to contact SeatGeek Asia Pacific via their entry in…read more
Hydrocare Pool Services Pty Ltd offer 30 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…read more
APT (Advanced Polymer Technology) is the leading global manufacturer of polyurethane-based materials, acrylic coatings and synthetic turf products for sporting and recreational applications. From…read more
Summit Fitness Equipment is now part of NovoFit - see www.ausleisure.com.au/suppliers/novofit/read more
INTRODUCTION Abel Sports is Australia’s leading manufacturer and suppliers of Goal Posts, sports ground safety netting systems and coaches boxes for Stadiums ,Sports Clubs, Councils and…read more
Otium Planning Group is a contemporary sport and leisure consultancy providing services in planning, facility development, management and funding for the sport, recreation and leisure industries…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!