Friday April 13th, 2018

Seven is the new FTA home of cricket

First time in history the #1 summer and winter sports on one Network

Seven West Media (ASX: SWM) today announced that it has signed an historic six-year agreement with Cricket Australia.

The deal, which runs from 2018 through to 2024 includes domestic free-to-air broadcast rights to:

  • • 43 of the 59 Big Bash League matches, including all marquee matches and finals

  • • All home international tests, including the 2021-22 home Ashes series

  • • Key Women's Big Bash League and International matches

  • • The most prestigious individual prizes in Australian cricket; the Allan Border Medal and Belinda Clark Award.

The annual cash rights cost is $75 million per annum over the six years.

The Chairman of Seven West Media, Kerry Stokes, said: "I am excited about having Australia's only truly national game back on Seven. Cricket has and will always be Australia's premier summer sport and Seven now is in the enviable position as being the first and only Free to Air broadcaster covering both it and the AFL.

"We are the premier producers of sports content in Australia, as evidenced by this year's Winter Olympics, Australian Open, AFL and Commonwealth Games, and look forward to setting new standards for cricket coverage in the next six years."

Seven West Media chief executive Tim Worner added: "This is a great deal - for Seven, for our viewers, our advertisers, our shareholders and for the game itself.

"For Seven it means that for the first time in history, a single free-to-air network will be delivering the number one summer and winter sports - Cricket and AFL. This will underpin our transformational business strategy for years to come.

"The deal gives Seven over 400 hours of premium sport across the summer - more than double that of the Australian Open, at a significantly less hourly cost.

"For viewers it means the best produced Cricket, live and free on Australia's number one Network. Seven has always been the innovator in sports coverage in Australia - from RaceCam in the 70s, to setting the standard in how AFL is covered, televising more Olympic Games than any other TV station, and introducing cutting-edge technologies and multi-channel coverage before anyone else.

"For advertisers it means one call will connect them with the mass audiences that Big Bash and Tests attract throughout the summer.

"For our shareholders, the agreement ensures we retain all FTA cricket revenues, with significantly lower costs, delivering the best return on investment.

"And for Cricket Australia, it means the unbridled support of Australia's number one Network and the best sports partners bar none. We will be unrelenting in our efforts to lift cricket to new levels."

End.

For more details:

Stephen Browning

Head of Corporate Affairs, SWM T: 0432 961 773

E:stbrowning@seven.com.au

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Seven West Media Limited published this content on 13 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 April 2018 03:56:05 UTC