Created: Mon, 04 Aug 2014 01:15:09 EST
Updated: Mon, 04 Aug 2014 01:15:09 EST
LAUSANNE, Switzerland (AP) — The IOC has awarded the Australian television rights for the next three Olympics to Seven West Media.
The IOC said Monday that Seven acquired the rights on all media platforms to the 2016 Olympics in Rio de Janeiro, the 2018 Winter Games in Pyeongchang, South Korea, and the 2020 Summer Olympics in Tokyo.
Financial terms were not announced.
The International Olympic Committee says the agreement includes an "unprecedented commitment" by Seven to support the IOC's goals across its television network, newspapers, magazines and online media. That includes promoting Olympic sports, health, education and youth sport.
Seven, which first broadcast the 1956 Melbourne Olympics, last covered the 2008 Beijing Olympics.
IOC President Thomas Bach says "the IOC enjoys long term partnerships and this agreement is something of a homecoming between us and Seven."