Last updated on Jan 31, 2024

How can you mitigate financial risks in media and broadcasting rights contracts?

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Media and broadcasting rights are a major source of revenue for sports organizations, but they also involve significant financial risks. Contracts with media partners can be affected by various factors, such as market fluctuations, consumer preferences, technological changes, legal disputes, and force majeure events. How can you mitigate these risks and protect your interests as a sports manager? Here are some tips to consider.