TVN will cease broadcasting on March 15 after months of speculation and inaction following a breakdown between TVN and Tabcorp-owned Sky Racing.
The well-documented falling out between the two parties, and a decision in December 2014 by New South Wales and Victorian rightsholders to disaggregate the media rights, let to the collapse of TVN.
A separation agreement has now been signed follow long negotiations and legal processes.
TVN’s ownership was a split arrangement – 50 per cent owned by the three Melbourne metropolitan race clubs – Melbourne Racing Club, Victoria Racing Club and Moonee Valley Racing Club – plus Country Racing Victoria, with the other half owned by the Sydney-based Australian Turf Club.
NSW broadcast rights have been signed by Racing NSW to Sky Racing, with digital-rights also signed over although with a non-exclusivity clause. The final details of Victoria’s racing coverage have not yet been released. The Roar understands Sky Racing will have access to these rights for TV broadcast.
TVN also owns racing publication Best Bets and Winning Post, although their future has not been determined.
Racing Network, a joint-venture with Telstra, was earlier announced as ceasing on March 15 as well.
The Roar extensively examined the battle for horse racing media rights in New South Wales and Victoria in a feature.
Without a Fight completed the rare Caulfield Cup-Melbourne Cup double on Tuesday as star jockey Mark Zahra went back-to-back in the big one after…
The race that stops the nation is upon us again. Every horse in the Melbourne Cup has reasons they can win, and reasons they…
Those who want to have a really big collect on Australia’s greatest race, without risking too much, have to look at the exotic bets.
While most of the attention is on Ciaron Maher and David Eustace's Gold Trip, there's no reason why stablemate Future History cannot upstage him.
Champion jockey Damien Oliver is quietly confident his Melbourne Cup mount Alenquer will be passed fit to give him a farewell ride in the…
Melbourne Cup day is here again, and it’s never anything less than exciting. The Cup itself will of course be full of drama and…
