Channel Seven awarded only small rights discount as court date looms

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The broadcaster has been told it can get back just over A$5 million

Cricket Australia has emerged strongly in the latest stage of its battle with Seven West Media with the broadcaster awarded just a small reduction in its rights fee by an independent arbitrator.

However, the two parties are still due in court on Monday and Seven has indicated they may not accept the finding.

In a statement released to the Australian Stock Exchange (ASX) on Friday evening, Seven said they had been given an A$5.3 million deduction from its fee – which should be taken off the next payment due on Monday – but the broadcaster had been seeking up A$70 million from their A$82million per year share of the A$1.18 billion deal struck in April 2018.

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