CCTV awarded 2018-2024 Olympic Games broadcast rights

The International Olympic Committee (IOC) announced Thursday that China's state broadcaster CCTV has been awarded the exclusive broadcast rights in the country for Olympic Games through 2018-2024.

The four editions of Olympic Games are the 2018 Winter Games in PyeongChang, South Korea, the 2020 Olympic Games in Tokyo, Japan, and the 2022 Winter Games and Summer Games 2024 which have yet to decide on the host cities.

"On behalf of the IOC, I am delighted that we will continue to work with our longstanding broadcast partner CCTV," said IOC President Thomas Bach.

"They have demonstrated many times their ability to bring first class coverage of the Olympic Games to hundreds of millions of Chinese people.

"The revenue the IOC has secured from this agreement will be redistributed to support future organisers of the Olympic Games, as well as supporting sport and athletes in China and around the world," he added.

The rights acquired by CCTV come across all broadcast platforms, including free-to-air television, subscription television, internet and mobile phone in all languages. The agreement also includes the right to broadcast all editions of the Youth Olympic Games until 2024.

"CCTV is a strong supporter of the Olympic values and we look forward to continuing our partnership through to 2024," commented Yu Zaiqing, IOC vice president and a member of the IOC's TV Rights and New Media Commission.

President of CCTV Hu Zhanfan said: "This is a win-win agreement. CCTV has been contributing enormously for the recognition and promotion of the Olympic Games and the Olympic Movement in China and we are determined to be, as always, a powerful and exceptional partner of the IOC." [ The IOC has an existing agreement with CCTV to broadcast the Rio 2016 Olympic Games.