SWM 2.94% 17.5¢ seven west media limited

Not only Seven, but Foxtel are also not happy... imo It surely...

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    Not only Seven, but Foxtel are also not happy... imo It surely will end up with favourable terms for broadcasters. Sit tight and get ready guys..

    afr yesterday late arvo:

    Seven's dispute could next move to mediation, then arbitration and potentially into court. Cricket Australia has not budged on giving a discount to broadcasters during the COVID-19 pandemic. Cricket sources said Seven's letter was not a termination letter.

    Foxtel is not pushing to terminate its contract as Seven is threatening to do. However, like Seven, it believes there are clauses regarding the quality of various competitions, particularly the Big Bash League Twenty20 tournament, which entitle it to a discount.


    Last edited by INVESTOR2020A: 16/09/20
 
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