|
---|
TV contracts for 2002 FIFA World Cup™: KirchMedia on time with all payments and guarantees
Already in possession of the TV rights for Europe, Kirch exercised its option to purchase the worldwide TV rights for the 2002 and 2006 FIFA World Cup™ following the bankruptcy of FIFA’s former marketing and TV partner - the ISL/ISMM group - in May 2001. By exercising their option to purchase these rights, Kirch made a firm commitment to pay FIFA the minimum guarantee of CHF 1.3 billion. In accordance with the TV contract, Kirch are also responsible for the production of the international TV signal in Korea and Japan. Preparations for setting up the International Broadcasting Centres in Seoul and Tokyo are progressing according to schedule. Enquiries to be addressed to: FIFA Communications Division |