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EBU says IOC rejects its 2014-16 Games TV rights bid
3/12/2008 17:50

The European Broadcasting Union said today the International Olympic Committee had turned down its bid for the European broadcasting rights for the 2014-2016 Olympics.
Europe's public broadcasters union was the chosen broadcast partner due to its members' extensive reach of audiences on the continent.
"We very much regret the decision of the IOC. We have worked with the IOC since 1956 to deliver the Olympic Games to the broadest possible audience, and ensured maximum exposure of the Olympic Games," EBU President Fritz Pleitgen said in a statement.
"We note that there are different views about the future monetary broadcast value of the Games. EBU Members were surprised by the high financial expectations of the IOC."
The EBU, the largest association of national broadcasters in the world with 75 active members, has already bought the rights for the 2010 Vancouver Winter Games and the 2012 London Olympics for more than US$700 million.
The 2014 Winter Olympics will be held in Sochi, Russia, while the host of the 2016 Summer Games will be picked next year.


Xinhua