TVN Secure Broadcast Rights For Victoria And New South Wales

Following extensive consultation and negotiation the thoroughbred racing industry-owned media company TVN, today announced it had been awarded the rights to broadcast all thoroughbred racing in New South Wales.

TVN will now hold the rights for Australia’s premium racing content, that being Victorian and NSW thoroughbred racing, until 2028.

The decision to aggregate the NSW and Victorian rights is clearly a significant step taken by racing and it will underpin the future stability and growth of the sport. 

There are expanding opportunities for TVN’s premium Australian racing product internationally and the exploitation of these aggregated media rights will now ensure that the financial returns to thoroughbred racing are maximised.

It is intended that a new board and management structure will be established for the new era at TVN with both principle racing authorities (RV and RNSW) having representation on the TVN board and the transition to the new board and structure will be completed by the end of July, at which time the current board will step down.

Racing Victoria CEO Rob Hines said that the alignment of racing in Victoria and New South Wales provided by the agreement was a positive step for the industry.

TVN and its shareholder clubs have been world leaders in establishing a sporting industry owned media company. In Australia and around the world, sporting authorities and their clubs are now following the principle of controlling their own media.

Internationally, famous names like Manchester United and Chelsea FC operate their own TV channels and specifically here in Australia, the AFL and other major sporting codes have foreshadowed their intentions to establish media companies in their own right.