Daily News Archive

Search nearly 75,000 unique Daily News articles.

Daily News Subscription

TVN-Telstra 'New Media' Deal

Tuesday, 28th March 2006

And The Australian newspaper reported TVN "is negotiating with Telstra to ink a broader 'new media' rights deal worth up to $10 million a year, which would enable punters to place bets & watch Sydney & Melbourne races on their mobile phones". The paper revealed "TVN chief executive Peter Sweeney met Telstra executives in Sydney yesterday after the TVN board unanimously recommended that shareholders accept an offer by James Packer's Publishing & Broadcasting to take up a 25% stake for $25 million". Telstra's Big Pond has shown Sydney & Melbourne races since 2004, but "sources said yesterday a much broader, bigger relationship is on the table. The potential of putting together, in a mobile package, race vision with the ability to make considered bets is huge."

« Previous
Return to
28th March 2006 News
Next »