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Spanish public broadcaster RTVE is seeking assurances from the Spanish government as part of its bid to put next year’s Olympic Games in Tokyo on free-to-air (FTA) TV, according to sole administrator Rosa María Mateo.
Speaking to Spanish newspaper El Economista, María Mateo said that the 2020 Games are a “priority”, while reports elsewhere claim that the government is ready to pledge up to €60 million (US$ 66.7 million) for its bid.
“The current budget of RTVE is that of 2018, which has been extended and does not include resources to meet the costs necessary to retransmit the Olympic Games,” she told the Spanish business outlet.
According to Advanced Television, the Spanish government is set to finance RTVE’s transmission of the Olympics via a sublicensing deal with US media giant Discovery, which bought the rights to the Games for its pan-European network Eurosport.
Mateo says she has approached Spain’s acting Minister of Finance, María Jesús Montero, and Minister of Culture and Sport, José Guirao, over the matter, while a letter was sent to Spanish Prime Minister Pedro Sánchez outlining RTVE’s case for acquiring the rights.
If funding is granted, the windfall will add to RTVE’s annual subsidy of €343 million (US$381.7 million).
Spanish public broadcaster RTVE is seeking assurances from the Spanish government as part of its bid to put next year’s Olympic Games in Tokyo on free-to-air (FTA) TV, according to sole administrator Rosa María Mateo.
Speaking to Spanish newspaper El Economista, María Mateo said that the 2020 Games are a “priority”, while reports elsewhere claim that the government is ready to pledge up to €60 million (US$ 66.7 million) for its bid.
“The current budget of RTVE is that of 2018, which has been extended and does not include resources to meet the costs necessary to retransmit the Olympic Games,” she told the Spanish business outlet.
According to Advanced Television, the Spanish government is set to finance RTVE’s transmission of the Olympics via a sublicensing deal with US media giant Discovery, which bought the rights to the Games for its pan-European network Eurosport.
Mateo says she has approached Spain’s acting Minister of Finance, María Jesús Montero, and Minister of Culture and Sport, José Guirao, over the matter, while a letter was sent to Spanish Prime Minister Pedro Sánchez outlining RTVE’s case for acquiring the rights.
If funding is granted, the windfall will add to RTVE’s annual subsidy of €343 million (US$381.7 million).
