Australian commercial broadcaster Seven has expanded its sports portfolio by acquiring rights for the country's Magic Millions horseracing event.
The terms of the long-term, multi-platform deal were undisclosed.
The annual event, which is staged each year in the Gold Coast, Queensland, features elite thoroughbred auctions and racing.
Under the deal, Seven will broadcast and promote the Magic Millions carnival, sale and race day.
Seven struck the deal with Australian thoroughbred racehorse auction house Magic Million Sales, which organises the event.
The deal comes after Seven last month acquired exclusive rights for the 2018 Commonwealth Games multi-sport event, which will also be hosted by the Gold Coast.
Seven also recently acquired media rights for the next three editions of the Olympic Games, from 2016 to 2020.