Perth Red
Post Whore
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Thats what I've just said lol Its actually $117mill for three years, then $189.5mill for last two.
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Thats what I've just said lol Its actually $117mill for three years, then $189.5mill for last two.
yea , so have I for months
But their is more-Because Vlandy put a stop to mobile rights without the NRL benefiting and about a year latter Telstra sooked and then Telstra gave up all talk of mobile rights directly- which in about 16 mths time will be realized when the AFL will not get direct cash to the AFL anymore ie after the 2017-2022 deal finishes. The almost famous ALF deal was only worth 2.5billion minus 200 million contra ( Seven 60 and Foxtel 140m) So AFL 2.3billion divided by ( SIX) 6 years equals only 383m ( ave) each year. Which is the amount that played out in all AFL concise Financial statements . Example year one and two of their deal ( cash ) was only $381m (2017) and then $391 (2018) NOT $416m p/a. Understand your enemy, Vlad took $300 million cash off the AFL because Telstra WON"T directly bid and PAY $$$$ anymore after 2017-2022 deal or next year, so I think Vlandy ( purposely or not ) upset the cosy apple cart the AFL and Telsra had going on. Vlad seen the AFL ,Telstra playbook and just ripped it up, right in front of them. No more live steaming for you! Now we ( NRL) are on the cusp of having the biggest sports media deal in Australasia.They've never paid NRL other than for the naming rights sponsorship ( and digital platform when they ran it). Unlike AFL where they paid AFL for the coverage, somehow NRL stuffed it up years ago and allowed Fox to own and on sell the rights to Telstra. Telstra used to deliver the NRLs digital platforms like they do AFL still, but Grant could see the long term value of that and pulled it from them and set up the NRL's own digital dept. to develop it in house. Now Vlandys has started to dismantle it again.
Mentions it in this article. Talks about the main motivation being to add value to the next FTA deal by giving streaming content to Ch9, shame it didnt turn out that way!! We lost Telstra's coverage and only gained $5mill contra from Ch9, great work Vlad.
Telstra acquired NRL mobile rights in the current cycle, 2018 to 2022, in a sublicensing deal with pay-television broadcaster Foxtel. The Sydney Morning Herald reported yesterday that the NRL has blocked Foxtel from sublicensing the rights in the next cycle, under a new deal agreed last week covering 2023 to 2027.
Telstra to lose NRL mobile rights
Australian telco Telstra is set to lose its National Rugby League mobile rights after the current cycle ends in 2022, as the league looks to preserve greater exclusivity for its television partners.media.sportbusiness.com
Both codes started reporting the media deal in their accounts differently in 2017, change in accounting requirements. Instead of a avg straight split it was reported incremental with a % rise each year, hence why afl went up $10mill between 17 and 18, it would have kept going up each year.
Its been 30 years of "we have teams in every state , in every capital " ... garbage that tv execs have fallen for hook line & sinker that has driven their superior rights amounts , that & a RL war in 1995 & 50% ownership of our code in the peace deal taken by the very media rights company that broadcast the sport that have kept them on top , nothing else . Their rights are worth less then ours & this reality is just hitting them now. When you still after 40 years rate like a turd on TV in 60% of the country this is what happens.
Telstra had a contract with the AFL for $50m yearly for years 2017 to 2022 this year.- It's not the AFL fault that Telstra stopped showing Live streaming of matches on mobiles. Telstra decided to do this action by themselves. Telstra has to keep their side of the contract. Contractual law would side with the AFL- simple isn't it. So Telstra has to pay $50m up to the contract ends which ends this year by the way. So no more $300m (total) contract after this year. This is WHY TELSTRA ( pun intended ) announced that they would be doing improvement to marvel- thats all, no money $$, no more $300m anymore. So again this is the last year Telstra will pay it's last installment of $50m Unless you can point towards a press release showing the signing of the new contract. Like all the other parties ( Seven ,Foxtel are NOW negotiating new contracts which funny enough their is NEVER a mention of Telstra... WHY ? Telstra is Why.
Out of interest how would you explain it.
Yep
Telstra have extended for 23&24. Where's the evidence they are paying nothing in cash for that extension?
I've explained it countless times! Telstra run AFLs digital arm and benefits from the revenue that generates. AFL have been way ahead of NRL in this space and NRL was bringing in around $25mill in revenue last time we could see the figures (before Vlad hid them away). Telstra also get some AFL sponsorship rights. Streaming to mobiles was a value add for customers, not necessarily a driver, hence why they were happy to give it up earlier than they had to. Fox would have been happy to break the contract with Telstra to get more subscribers, and Telstra would be happy to not be paying Fox and see their customers now paying for KAYO which they have a stake in.
Where is the evidence that they extended a cash amount for the years 2023-2024- waiting waiting.....
They've extended the deal. The deal is worth $473mill total a year. safe to assume its got $'s attached to it, especially as they continue to have the monetary value part which is income from AFL's digital platforms. It literally says in the press releases 'no change in the telstra deal'.
7news.com.au
ok for the hard of learning in the room. Seven have agreed a 5 year deal with a stated amount avg of $146mill a year. Total $730mill.You have stated that Seven TV will pay $189.5 million per year for 2023-2024. Please supply information on this figure?
You can't because even Seven TV said the terms were NOT released. So again you been caught out telling porkies- unless you provide a verified source. Like the one I am providing you. See below...
Quote from Seven network themselves.
"
Seven West Media is expected to save $87 million under revised terms for the remaining three years of the active agreement.
The financial terms of the 2023-24 extension have not been released."
Channel 7 signs two-year extension to retain AFL broadcast rights
The AFL will stay live and free on Channel 7 until at least the end of 2024.
With the Seven network under the gun in regards to debt and just after receiving a substantial discount Seven goes all out and extends ( not the $140m they payed in old contract ) they, Seven put a $50 million cherry on top and Pay $190 million per year-very believable. LOL
So no source which I ask for.
7news.com.au
wtf, no source? It literally says it in every news article on the extended deal lolSo no source which I ask for.
Seven TV "The financial terms of the 2023-24 extension have not been released"
Just your opinion back up , well nothing at all.
You treat words like reduction- the action or fact of making something smaller or less in amount, degree, or size.
WHEN along you knew it to be adjustment.
Plus the press release by Seven themselves refers to old contract and 'new' contract 2023-2024 why would Seven payup for a reduction in the old contract to the new one, only you see the logic of that.
ReadChannel 7 signs two-year extension to retain AFL broadcast rights
The AFL will stay live and free on Channel 7 until at least the end of 2024.
www.afl.com.au
www.afl.com.au
Nope its:
