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Carey says F1's pay TV trend will continue

Aug.9 Liberty Media will continue to push Formula 1 off free-to-air television. The latest news from Italy is that pay broadcaster Sky could be set to give up the rights, with the free-to-air Rai interested in picking them up. It is believed a meeting will take place between a Rai delegation and Chase Carey in September. But more generally, F1 CEO Carey seems keen to maintain the trend away from free-to-air television coverage, because "that is where the world is going". Writing in Forbes, F1 business journalist Christian Sylt says the sport's television ratings have crashed by 18 per cent over the past 11 years. Deals with pay networks are more lucrative for Liberty Media, but...
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