Nine Entertainment Co will pay Tennis Australia $300 million over the next five years for broadcast rights, wresting the Australian Open coverage from Seven West Media for the first time in more than four decades.
The move also throws into doubt Nine's continued involvement in cricket, which it has broadcast since the World Series Cricket days of the late 1970s. The cricket rights are currently out to tender.
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
John Stensholt is a former editor of the BRW Rich 200 and Young Rich Lists.
