[W. Knight]

Nine Network in Australia to be snatching Olympic rights from incumbent Seven for over 300 mil, per Sydney Morning Herald:

Nine Entertainment Co has won the race for rights to air the next wave of Olympic Games events, including Brisbane 2032, after submitting a higher bid than incumbent broadcaster Seven West Media.

International Olympic Committee officials visited Australia earlier this year and are set to finalise an agreement for the rights in the coming weeks. Nine offered more than $300 million for the next three summer games and the winter events during that period - a figure significantly above Seven, according to sources familiar with the situation who spoke on condition of anonymity because negotiations are confidential.

www.smh.com.au