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RACING CLUBS TO SIGN TV DEAL WITH AUSTRALIA'S SKY CHANNEL:REPORT.
SYDNEY, March 1 Asia Pulse - Sydney's major racing clubs are reportedly set to sign a TV broadcasting deal with Sky Channel, despite spending weeks negotiating with other parties for a better deal.
Newspapers today reported that Sydney's Australian Jockey Club (AJC) and Sydney Turf Club (STC) would lose a total of $A2 million ($US1.54 million) under the three-year contract, which would be valued at $A7 million ($US5.4 million) a year rather than the current $A9 million ($US6.94 million).
That is because under the new deal, the Sydney clubs would be paid on par with Victoria under a "favoured nation clause".
The Australian Financial Review reported that the clause had been invoked, while the Sydney Morning Herald said the ...
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Byline: staff Channel 4 takes to the Sky Channel 4 has announced plans to transmit some programmes in high definition (HD) through Sky's network from December 2007. The service...
Source: HighBeam Research, RACING CLUBS TO SIGN TV DEAL WITH AUSTRALIA'S SKY CHANNEL:REPORT.