Nine pays record $425m for Aus tennis rights

Nine pays record 5m for Aus tennis rights

Tennis Australia has agreed to a bumper five-year extension of its broadcast partnership that makes the Nine Network the game’s residence till not less than 2029.

The present deal wasn’t resulting from expire till the tip of the 2024 Australian Open however the extension features a $425 million money injection – value $85 million per 12 months – that’s TA’s largest ever.

It is a big bounce on the present association, which coated the 2018-2024 interval and value Nine Entertainment $300 million.

Nine and TA have been locked in unique negotiations in current weeks underneath the broadcaster’s ‘first and last rights’ clause as a part of the deal signed in 2018.

TA chief govt Craig Tiley stated Nine had demonstrated a “serious year-round commitment to continue to grow tennis”.

“Together we have regularly set and exceeded targets for ourselves in what has been a highly productive partnership thus far,” Tiley stated.

Aus Open
Camera IconThe Australian Open at all times captures the nation’s consideration each January. Mark Stewart Credit: News Corp Australia

“This new deal further strengthens that relationship, in which our organisations work as a true co-operative on the broadcast, production, innovation and promotion of our events and sport.

“It will ensure we are reaching audiences of all ages and backgrounds across multiple platforms with high-quality product.

“We want to show our sport at its best to continually excite tennis fans, while also appealing to a new generation of fans and players across Australia. This new deal will certainly help us do that.”

The five-year contract awards Nine the home broadcast rights for the Australian Open and summer time of tennis lead-in tournaments, together with new country-based staff competitors the United Cup and different particular occasions.

The deal follows a record-breaking Australian Open in the beginning of 2022, helped by Ash Barty’s drought-breaking ladies’s singles title run and an all-local doubles last received by Nick Kyrgios and Thanasi Kokkinakis.

The ladies’s last attracted the best ranking of all time, with an Australian tv viewers of three.835 million, in line with OzTAM.

The males’s singles last got here in at 2.333 million viewers, making it the best ranking in 4 years.

A file virtually 2.5 million viewers tuned into Kyrgios and Kokkinakis’ doubles triumph, whereas 9Now elevated its Australian Open streaming protection by 171 per cent on final 12 months.

Nine CEO Mike Sneesby stated tennis’ “broad and very passionate following” match completely with Nine’s schedule, audiences and advertisers.

“The Australian Open has delivered some of Australia’s most iconic sporting moments and largest television audiences,” Sneesby stated.

“Together, we are committed to bringing these great moments to all Australians live and free.”