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The group has renewed the rights to broadcast F1 exclusively on public and private television until 2025.

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According to the reviewer Gabriel Wacker from the website TV newsa Group signed a contract extension with Liberty Media to display races Formula 1 until 2025 with andexclusivity on open and closed TV channelsBroadcasts are conducted on the channel Group and not GroupSport.

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As reported Gabriel WackerO SBT was interested in acquiring broadcasting rights Formula 1 but Group was faster and guaranteed the agreement for another three years, in addition, he found that the renewal announcement should be tomorrow (14), unless there were unforeseen circumstances.

Jamie Brito was in charge of negotiations, is a producer of programs Formula 1 in Group and representative Liberty Mediacategory rights holder, accelerated renewal threatened by SBT.

Competitive training is currently shown on GroupSportwhile racing is displayed Group and fur GroupSport.

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OUR Group acquired the rights to demonstrate Formula 1 after the globe refuse to broadcast the event in 2021 and not renew the contract, which gave the broadcaster the opportunity to acquire the rights to the most watched motorsport championship. The broadcasts are highly rated and guarantee 4 points on ibope in Greater São Paulo.

Myself TV news already reported that more than 120 million rupees have been sold by advertising quotas this year, so Group took 60 million reais from advertisers because her contract with Liberty Media done with a model market share Thus, in the contract, the two companies share 50% of each profit received from the sale of advertising.


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Would you like to know about contract renewal? Group With Formula 1? Do you usually watch races on TV? Share your opinion in the comments!

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Via: TV News

Source: Mundo Conectado

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