Pay TV executives suggest NOT A CHANCE.

Let's get real on NRL rights, says ConsMedia
James Chessell
From:The Australian
August 24, 201112:00AM
CONSOLIDATED Media Holdings has raised questions about the value of some sports rights, warning that the pay-television industry will not overpay for the NRL rights amid market concerns about earnings growth at Fox Sports.
The value of televised sport was discussed during ConsMedia full-year results briefing yesterday, with the negotiations for the 2013-17 NRL broadcast rights likely to kick off once the code's new commission is formalised in November.
ConsMedia executive chairman John Alexander became the first media executive to refer to recent press reports suggesting the next rights deal could fetch up to $1.4 billion -- an optimistic figure that would dwarf the $1.25bn television, digital and mobile deal the AFL struck with Foxtel, Telstra and Seven in April.
"There are question marks about some of the sporting costs. Clearly there has been a lot of publicity about the NRL deal coming up and obviously Fox Sports already takes a large chunk of the NRL," Mr Alexander said.
"I don't think there is any appetite at Fox Sports to hand vast additional cheques for no extra value. Unless (incumbent broadcaster) Channel 9 has got much, much deeper pockets than we all believe, then I think the prices that have been talked about with NRL remain confusing."
ConsMedia owns 25 per cent of metropolitan pay-TV group Foxtel and 50 per cent of Premier Media Group, the producer of Fox Sports. Its biggest shareholders are James Packer (with 51 per cent) and Kerry Stokes's Seven Group (with 24 per cent).
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