MX23RW : Tuesday, August 13 03:37:46| >> :600:325382:325382:

Carey says F1's pay TV trend will continue

Carey says F1's pay TV trend will continue
© Reuters
Liberty Media will continue to push Formula 1 off free-to-air television.

Liberty Media will continue to push Formula 1 off free-to-air television.

The latest news from Italy is that pay broadcaster Sky could be set to give up the rights, with the free-to-air Rai interested in picking them up.

It is believed a meeting will take place between a Rai delegation and Chase Carey in September.

But more generally, F1 CEO Carey seems keen to maintain the trend away from free-to-air television coverage, because "that is where the world is going".

Writing in Forbes, F1 business journalist Christian Sylt says the sport's television ratings have crashed by 18 per cent over the past 11 years.

Deals with pay networks are more lucrative for Liberty Media, but as a result the audience shrinks.

Carey doesn't deny that, admitting the 2019 audience is down "a few percentage points" so far this year. But he said of that decline: "I'd say it has been ok."

At the same time, Liberty has been pushing its new internet streaming service, even though a new report by Bank of America Merill Lynch predicts that F1 TV will make "no revenue" for the next few years.

F1 TV has also been woefully unreliable, but Carey insists Liberty has actually made "good strides" with the service.

body check tags ::

Click here for more stories about Chase Carey

Share this article now:
Sports Mole Instagram banner
Chase Carey pictured on March 5, 2019
Read Next:
'Interesting drivers' may rival Hamilton - Carey
>

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel
/esi/758/0/index.html - esi:0:site:0:-p-: {0}: - :T758:-: {0}: < ! - - T  758 {0} - - >  : 
Champions League
Europa League
EFL Cup
National League
Coupe de la Ligue
NIFL Premiership
Copa Sudamericana
AFC Champions League
Chinese Super League

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel
Login, I already have my ad-free pass
Log in to customise Sports Mole
Buy ad-free access (show me the options)
Buy monthly ad-free access for £1.20/month
Buy yearly ad-free access for £12 (2 months free)
Settings - Logout - Manage your account
Settings - Logout - Manage your account