Sport
Seven dealt blow in TV stoush with Cricket Australia – Sydney Morning Herald
Seven West Media had asked for a $70 million reduction from its annual $82 million deal. An independent assessment found the network can recoup just $5 million.
The draft determination figure stands to be a massive win for CA, which had offered its free-to-air TV partner a 20 per cent discount for this summer, which amounted to about $15 million, split over what had been the four seasons remaining on the term. This was rejected by Seven.
The two parties are also in a fight at the Federal Court, resuming March 15 before Justice Paul Anastassiou. The network has said it is prepared to walk away if it does not get its way either through mediation and/or through…
Continue Reading
