Olympic Television Rights

Since 1960, the escalation in the price of exclusive U.S. television rights for the Olympic Games reflects a geometric progression. The U.S. rights for the 1988 Games alone total $ 609 million. This paper discusses the scope and impact of U.S. television revenue on the Olympics. The analysis is comp...

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Bibliographic Details
Published in:International review for the sociology of sport 1986, Vol.21 (2-3), p.211-227
Main Authors: Alaszkiewicz, Richard K., McPhail, Thomas L.
Format: Article
Language:English
Subjects:
Finance
Olympic Games
Television
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Summary:Since 1960, the escalation in the price of exclusive U.S. television rights for the Olympic Games reflects a geometric progression. The U.S. rights for the 1988 Games alone total $ 609 million. This paper discusses the scope and impact of U.S. television revenue on the Olympics. The analysis is comprised of the following four major sections: 1. history of Olympic television rights; 2. major factors implicated in the geometric expansion of U.S. rights; 3. reaction of Olympic organizations in response to U.S. television revenue; and 4. evaluation of future Olympic television rights given past and current trends. The authors conclude by suggesting that the entire fiscal picture surrounding the Games is in a state of major transition.
ISSN:1012-6902
1461-7218
DOI:10.1177/101269028602100210