The International Olympic Committee agreed a deal in Japan with a consortium of broadcasters for the rights for the 2014 winter Olympic Games and the 2016 summer Games reported to be worth $472 million (€360.3 million).
The consortium includes public-service broadcaster NHK and the National Association of Commercial Broadcasters of Japan, whose leading members include Fuji TV, NTV, TBS, TV Asahi and Tokyo TV.
The same consortium paid ¥32.5 billion ($425.4 million/€324.4 million) for rights to the 2010 and 2012 Olympic Games. The negotiations for that deal were marked by internal struggles between the consortium members and disagreements between the consortium and the IOC over the value of the mobile and internet rights.
The new deal covers rights across all media platforms, including free-to-air and pay-television, internet and mobile.
Richard Carrión, chairman of the finance commission of the IOC, led the negotiations with the Japanese consortium.