IOC sells Japan 2014, '16 Games rights for $472M
Published
Feb. 3, 2012 9:50 a.m. ET
foxsports
The IOC awarded Japanese broadcast rights to the 2014 and 2016 Olympics to a national consortium Friday in a $472 million deal.
The Japan Consortium includes state broadcaster NHK and the National Association of Commercial Broadcasters of Japan.
Four years ago, the same group paid what is now $426 million for rights to the 2010 Vancouver Winter Games and 2012 London Olympics.
International Olympic Committee President Jacques Rogge said in a statement his organization is ''delighted'' to continue its relationship with the Japanese consortium.''
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The 2014 Winter Games will be in Sochi, Russia. Rio de Janeiro will host the 2016 Summer Games.
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