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F1 defends pay TV deals' shrinking audiences
Jan.24 It is an "oversimplification" to say that Formula 1 is suffering because of the move away from free-to-air television. That is the view of the sport's director of media rights Ian Holmes, off the back of reports that in Britain alone, Sky's exclusive live rights have cost Britain 8.6 million TV viewers. Writing in the Independent, F1 business journalist Christian Sylt said the pay deals boost Liberty Media's coffers "but has driven fans away from the sport". Indeed, while F1 has just extended the Canal Plus pay TV deal in France, Alain Prost said just days ago: "We used to have 8 million fans in France watching TF1, but now that it is on Canal Plus it is...
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