Ten confirms exit from Supercars, leaving Seven in pole position

Original article by Max Mason
The Australian Financial Review – Page: 22 : 24-Jul-20

The Ten Network’s director of sport production Adam Cush has advised that it will relinquish the Supercars’ free-to-air broadcasting rights at the end of 2020. Ten and pay-TV group Foxtel secured a six-year rights deal in 2013 which commenced in 2015. Ten indicated earlier in 2020 that it may not seek to renew the rights deal. Seven West Media previously held the free-to-air broadcasting rights, but its push to reduce costs means it may be unwilling to pay too much for the Supercars rights.

CORPORATES
TEN NETWORK HOLDINGS LIMITED, V8 SUPERCARS AUSTRALIA PTY LTD, FOXTEL MANAGEMENT PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM

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