Can sport save Ten?

Ten-save-for-webFirst there was the Grand Prix. Next came the reported $500m bid for cricket rights, then Ten secured the 2014 winter Olympics. So, can sport save the ailing network? In a feature that first appeared in EncoreNic Christensen investigates.

The television sports rights bidding process is a bit like a game of poker.

Check, fold or bet. Those were the options for the Ten Network last week when it had to finalise its bid for the cricket rights.

While many had expected the struggling network to raise the bet and challenge the incumbent Nine Network, few insiders tipped Ten’s new CEO Hamish McLennan to go all in with a reported $500m bid, over five years, aimed at prising one of Australia’s most beloved sports away from the network where it has been for 32 years.

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.