Corporation Ponders Bid for Entity Holding Melbourne Cup Broadcast Authorities
The Melbourne Cup Carnival is a worldwide sensation, not just in Australia, boasting a whopping 700 million viewers across 120 nations. This prestigious horse race event is a significant symbol in the horseracing community. Now, it's dish about to get more interesting, as gambling titan Tabcorp joins the race to secure broadcast rights for this grand spectacle.
Ladies and gents, hold onto your hats, as this move could be a career-defining moment for Tabcorp, as it would meatball their broadcasting portfolio to new heights. Currently, they own three radio stations and two broadcasting businesses, with the Champion Stakes Day naming rights under their belt.
Tabcorp's not just gonna sit on the sidelines, they're rolling up their sleeves and jumping headfirst into negotiations with the Victoria Racing Club, reportedly considering an AU$100 million bid. If successful, this would mark a significant expansion of their broadcasting empire.
Rumors are swirling, but it's all hush-hush for now, with the Victorian Racing Club and Tabcorp tight-lipped about the discussions. Adam Rytenskild, Tabcorp's CEO, is champing at the bit, expressing excitement about the prospect of deeper collaboration with the VRC.
Meanwhile, Steve Rosich, VRC's CEO, is keeping a tight lid on things, telling reporters that they're looking forward to collaborating with Network 10 for the 2023 Melbourne Cup Carnival. As for the 2024 Melbourne Cup Carnival broadcast rights discussions, well, those juicy details are under wraps, mate.
Tabcorp's not a stranger to the Melbourne Cup scene, having held the international rights to the marquee fixture from 2020 to 2022. So, if the rumors are true, this wouldn't be their first rodeo.
If you're a horse racing enthusiast hankering for the dirt on the Melbourne Cup Carnival broadcast rights, keep your eyes peeled for official announcements or press releases from Tabcorp or the Victorian racing authorities. Until then, strap yourself in, folks, it's going to be a wild ride!
- The Melbourne Cup Carnival has drawn global attention, with 700 million viewers tuning in from 120 nations, and now, Tabcorp is aiming to boost its involvement, seeking broadcast rights for this significant horse race event.
- Tabcorp's move to acquire broadcast rights for the Melbourne Cup Carnival could be a transformative moment for the company, adding a prestigious horse race to its broadcasting portfolio.
- The negotiations between Tabcorp and the Victoria Racing Club are underway, with reports indicating a potential AU$100 million bid from Tabcorp to secure the broadcast rights.
- Although Tabcorp and the Victoria Racing Club are maintaining silence about the ongoing discussions, Adam Rytenskild, Tabcorp's CEO, has expressed his excitement about a possible deeper collaboration with the VRC.
- As tabcorp engages in discussions for the 2024 Melbourne Cup Carnival broadcast rights, the VRC has already expressed its intention to work with Network 10 for the 2023 Melbourne Cup Carnival.
- Having held the international rights to the Melbourne Cup between 2020 and 2022, Tabcorp is no stranger to the Melbourne Cup scene, raising expectations for its potential acquisition of the broadcast rights for the upcoming season.
