A seven-figure ultimatum to Cricket Australia

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The seven have reportedly given Cricket Australia a deadline of 5pm on Tuesday evening to accept their bid for the rights.

By Herald Sun, If they don’t, Seven has told CA they will reconsider whether they want to remain part of the bidding process.

Cricket Australia chief executive Nick Hockley announced yesterday morning that a new broadcast rights deal is not expected to be signed now until the new year because Seven, Nine and Paramount directors, including James Warburton and Mike Sneesby, are either overseas or have been overseas. off.

Seven won’t necessarily pull out of the bidding if Tuesday’s 5pm deadline passes, but sources say the network wants answers from here on the process before deciding whether to stay in the running, frustrated with a process they feel is meandering.

Seven is already suing Cricket Australia in the Federal Court but will drop legal action if their broadcast bid is accepted.

Despite the threat of a deadline, cricket sources believe current rights holders Seven and FOX Sports are still most likely to get the new rights.

However, the deadline could bring Paramount and Channel 10 back into the fold, which has already put a massive $1.5 billion deal on the table.

Paramount has also rejected Seven’s approach to join forces for cricket rights in a clear message to Cricket Australia that its record $1.5 billion offer was all or nothing.

Sources

1/ https://Google.com/

2/ https://tvtonight.com.au/2022/12/seven-issues-ultimatum-to-cricket-australia.html

The mention sources can contact us to remove/changing this article

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