Sports Rights

Interesting piece in last Monday’s Media Guardian looking at the place of sports rights in TV business model. It seems that since ITV couldn’t afford to hold onto both Champions League and F1 coverage, a deal was done with the BBC whereby ITV dropped out of its F1 coverage a year early so it could renew the CL deal while allowing the BBC to snap up Formula 1.

According to his article, ad funded TV can’t compete with pay per view or license funded Beeb. Interesting though how different the model is over here as RTE struggles to compete financially with Sky, Setanta and now TV3.