TVB aiming to turn the tables on Jockey Club
TVB is playing hardball with the Jockey Club and the chances of local racing being screened on public television next season are receding.
Hong Kong's most popular television station has totted up the bill for its commitments over the two-year contract period with the Jockey Club and the final tally is around $20 million, which includes a rights fee of $9 million.
Ironically, that $20 million figure is the one most often mentioned when talk centres on how much the Macau Jockey Club pays ATV to show its racing year-round.
A high-level TVB source said yesterday that chances were now very slim for a continuation of racing telecasts next season.
Forget the rights fee - there seems no chance of that at all. What is more likely to make high-level Jockey Club management choke on their cornflakes is the suggestion that TVB be paid to show local racing.
From TVB's viewpoint, it is purely a commercial decision.