Seven West Media and Foxtel have sealed revised broadcast agreements for the AFL, reducing the value of the current deal by nearly $54 million per season to the end of 2022, less than a hour before the return of Aussie rules with Collingwood v Richmond.
It's believed Seven will save around $70 million on AFL rights fees over the next three years, while Foxtel will save around $90 million. Seven has also secured a two-year extension, foreshadowed by The Australian Financial Review in February, under improved terms.
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Max Mason covers financial crime, courts 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
