The decline in China was attributed in part to Grands Prix clashing with local sporting events.
A number of territories, including Brazil, where viewing was up 8.9%, Spain, where it was up 11.5%, and Italy, up 15%, showed increases in viewing, but declines were also noted in the US, Russia and the UK, where Formula One rights are split between pay TV operator BSkyB and the BBC. Last week Canal Plus secured Formula One rights and will take the competition to pay TV only for the first time in that country.
“A small handful of territories didn’t meet expectations in terms of reach, with the Chinese market suffering a decrease which could not be absorbed by a significant number of increases elsewhere,” said Bernie Ecclestone, president and CEO of Formula One Management.
ICYMI: KKR plans German media powerhouse with Tele München acquisition. digitaltveurope.com/2019/02/21/kkr… https://t.co/hXZUVsq0Bt
21st February 2019