The country’s three commercial television networks will lob lower than expected offers to secure the Melbourne Cup broadcast rights, complaining about the terms proposed by Tabcorp, which is running the process.
The ASX-listed wagering group must sublicense the rights to a broadcaster under Australia’s anti-siphoning laws and under a deal which it is working towards with the ultimate owner of the event, the Victoria Racing Club.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
