Rival broadcaster Paramount has declared its values were “not aligned” with CA as Foxtel and Seven ink a deal expected to be worth $1.4 billion.
Cricket Australia will extend its broadcast rights agreement with Foxtel and Seven West Media until the end of the decade, despite the free-to-air network’s extensive efforts to damage the governing body over the past three years.
and repeatedly slammed the sporting body for its failure to deliver on expectations, has dropped the court action as a result of the new deal. Both sides will pay their own costs. That’s despite Seven paying 13 per cent less – $65 million per year - for its portion of the deal, and Foxtel picking up the majority.
In an ASX statement, Seven said it would pay increased fees to CA only after it achieves revenue hurdles with the BBL. Seven CEO James Warburton said he was “delighted” to extend the arrangement.
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