UK racecourses extend Racing TV contract
Racecourse Media Group (RMG) has announced extensions for the audio-visual and data rights of 35 British racecourses for a new five-year term.
The renewals cover 35 racecourses for their LBO rights and 33 racecourses for all other aspects of their media rights including streaming (Watch & Bet), direct to home, terrestrial TV and international betting and non-betting until December 31, 2028.
RMG is 100% owned by its racecourse shareholders and pays 100% of operating profit back to racecourses, which, in turn, benefits the sport. This collective and collaborative ethos has seen RMG’s businesses become the biggest single funder of British horseracing.
The announcement means that the likes of the Randox Grand National, Cheltenham Gold Cup, Cazoo Derby, Qatar Sussex Stakes and the Juddmonte International Stakes – awarded the Longines World’s Best Race accolade in 2020 – will remain in RMG’s portfolio until at least 2029.
With RMG adding all 26 Irish racecourses to its coverage in 2019, it means that five of the top 11 races run in the world last year were broadcast live on RMG’s channel, Racing TV, which is fronted by the two most recent HWPA broadcasters of the year, Nick Luck and Lydia Hislop. – Racing TV.