Jump to content

Thai govt fronts cash for Olympic broadcast licences


webfact

Recommended Posts

Govt fronts cash for Olympic broadcast licences

By The Nation

 

800_7a136e5c8784635.jpg?v=1579679874

 

The Cabinet  allocated Bt240 million to help broadcasters acquire the rights to upcoming Olympics and the 2022 Asian Games, but the government expects the full amount to be paid back from their earnings.

 

The Ministry of Tourism and Sports had sought financial support for this summer’s Olympic Games in Tokyo, this year’s Winter Youth Olympics in Lausanne and the 2022 Winter Olympics in Beijing, Summer Youth Olympics in Dakar and Asian Games in Hangzhou.

 

Plan B Media Plc will oversee the purchasing of broadcast licences and public promotion, with a total outlay of Bt480 million less broadcasting technical fees.

 

The Sport Fund announced last August that the government would earmark Bt240 million for the licences on the condition sponsors would be secured with financial support beyond that amount.

 

Source: https://www.nationthailand.com/sport/30380914

 

nation.jpg

-- © Copyright The Nation Thailand 2020-01-23
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...