FBC forking out more for World Rugby broadcasts
December 24, 2014 12:38 am
The Fiji Broadcasting Corporation Limited will be paying more than Fiji Television Limited to broadcast World Rugby sevens games.
This was revealed by the Fijian Holdings Limited Group CEO Nouzab Fareed.
FHL are the major shareholders of Fiji TV and are overseeing the implementation of a sub license agreement that now exists between Fiji TV and FBC to broadcast the World Rugby series including the HSBC 7s tournaments and the Rugby World Cup in England next year.
“The sub licensing agreement is nothing to do with the government, is nothing to do with the decree, it is a commercial agreement between two legal entities, sensitive to both parties, so its not 90/10, and its not 50/50, I don’t want to make a comment on that, but is FBC paying more, YES”.
Fareed however refused to divulge how much more is FBC paying given the commercial contract between the two.
There are xix remaining games of the HSBC 7s series to be played and the Rugby World Cup is scheduled to kick off on the 18th of October with Fiji taking on England in the first game of the tournament in London.