The red-hot whispers today say the Federal Government has shafted the free-to-air TV networks on new anti-siphoning rules in favour of Pay TV. An announcement is understood to be imminent.
The pay-TV sector is jumping for joy and sporting codes gleefully rubbing their hands in anticipation of a hike in the cost of broadcast rights because of a bigger pool of bidders coming their way.
No surprise, of course, that the free-to-air TV networks are growling. They remain split, however, on whether to accept the Feds decision or stage a fierce counter-offensive.
Stay tuned. We could have a ripper of a dogfight coming our way in coming days.
Paul McIntyre
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m: + 61 (0)414 914 612
e: pmc@midcoast.com.au