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NASCAR's New TV Deal is OFFICIAL! (merged)

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  • NASCAR's New TV Deal is OFFICIAL! (merged)

    Finally!

    OFFICIAL Announcement: NASCAR announced the completion of comprehensive broadcast agreements that will benefit the industry and its fans for years to come. Under the new eight year agreements NASCAR races will be broadcast on a combination of networks that includes FOX, SPEED, Turner’s TNT and ABC/ESPN beginning in 2007. “NASCAR’s new network agreements mark a historic moment for the entire NASCAR community,” said NASCAR Chairman and CEO Brian France. “This is a major accomplishment for the NASCAR drivers, teams and track operators that have made this sport what it is today. It represents a significant reward for the competitive side-by-side racing our fans have come to expect. It also validates the marketing and production enhancements our current media partners have brought to the sport. The new broadcast partnership is also good for the fans because they will have so much more NASCAR content from a variety of media and new media sources."
    .
    “NASCAR is proud to continue its relationship with FOX, SPEED and TNT, while welcoming back ABC/ESPN into the family of broadcasters,” said NASCAR Vice President Dick Glover. “By signing deals with three of the largest and best media companies in the world, NASCAR will meet the growing nationwide fan demand for more NASCAR content into the next decade,” Glover said.

    NASCAR expands its relationship with News Corp as FOX becomes the official home of the Daytona 500. FOX’s broadcast agreements for the NFL Playoffs, the Super Bowl, the Bowl Championship Series and American Idol provide an excellent opportunity for cross promotion around the Daytona 500 held each year in mid-February. The deal also includes a brand-new comprehensive multi-media distribution program which includes Internet, wireless and broadband platforms. “FOX is extremely excited to extend its relationship with NASCAR for another eight years, and come 2007 be known as the official television home of the Daytona 500, by far the most watched auto race in this country,” said FOX Sports President Ed Goren. “Our production team has done an amazing job over the last five years to put NASCAR broadcasts on par with America's most popular sports, and we look forward to pushing the production envelope further as we move forward.”

    SPEED will increase NASCAR programming as the continuing exclusive home for the NASCAR Craftsman Truck Series as well as the new home for the Gatorade Duels, NASCAR NEXTEL Cup Series Pit Crew Challenge and NASCAR Nextel Cup Series All-Star Challenge.

    NASCAR looks forward to continued great exposure and coverage of the sport from TNT, which will be entering its 22nd year with NASCAR, the longest continuous relationship of any media company with the sport. TNT will broadcast six consecutive races in the middle of the season including the July 4th weekend extravaganza, the Pepsi 400 from Daytona.

    ABC and ESPN will provide comprehensive coverage of NASCAR on their numerous outlets. The final 17 NASCAR NEXTEL Cup Series events will be broadcast on ABC or ESPN with the last 10, the Chase for the NASCAR NEXTEL Cup, on ABC. All NASCAR Busch Series races will be broadcast on ABC, ESPN or ESPN 2. In addition, ESPN will bring NASCAR coverage to its full suite of media including its cable TV networks, ESPN360, Mobile ESPN, ESPN.com and affiliated international networks throughout the world. “This agreement totally embraces NASCAR’s multimedia future,” said George Bodenheimer, ESPN Inc. and ABC Sports president and co-chairman of Disney Media Networks. “NASCAR is a strong and growing property, and the ESPN of the 21st century – an array of new media platforms and content outlets reaching fans wherever and however they consume sports – will take the sport to even higher levels of exposure and growth. ABC Sports first exposed sports fans to the racing excitement of NASCAR in the 1960s, and ESPN and the sport grew up together in the 1980s and ‘90s. Our tradition is rich, and our future is bright. To NASCAR, its drivers and fans we say, ‘Welcome back.”
    “NASCAR thanks NBC for its stellar coverage and commitment to the sport for the past five years and looks forward to another great year in 2006,” Glover concluded. (NASCAR PR)(12-7-2005)

    About the agreements:
    Beginning in 2007, each NASCAR season will be launched on FOX with the telecast of the Daytona 500. FOX will also carry NASCAR “Speedweeks” events including the Budweiser Shootout and Daytona Pole Qualifying. FOX will also broadcast the 12 NASCAR NEXTEL Cup races following the Daytona 500.

    TNT will broadcast six consecutive NASCAR NEXTEL Cup Series races (races 14 through 19).

    The final 17 NASCAR NEXTEL Cup Series points races will be broadcast on ABC or ESPN. The final 10 races, the Chase for the NASCAR NEXTEL Cup, will be broadcast on ABC. The NASCAR Busch Series will be broadcast on ABC, ESPN or ESPN 2, with no less than four events on ABC.

    SPEED will be home to the NASCAR Craftsman Truck Series with the exception of two events, which will be broadcast by FOX.

    NASCAR NEXTEL Cup Series qualifying practice and “happy hours” will be broadcast on a combination of SPEED Channel, ESPN and ESPN2.

    SPEED will broadcast the Gatorade Duels held each year during “Speedweeks” to determine part of the Daytona 500 starting order.

    SPEED will also broadcast the NASCAR NEXTEL Cup Series All-Star Challenge and its companion all-star event, the NASCAR NEXTEL Cup Series Pit Crew Challenge.
    ESPN will launch specially NASCAR-branded news and information programming.

    All broadcast partners will have new interactive rights, special “season preview” and “season end review” programming rights and other ancillary content. NASCAR fans will be able to receive NASCAR coverage from an expanded range of outlets including highlights and live streaming, content from and on each network’s Web pages, datacasts and newly-developed multimedia programming.(NASCAR PR)(12-7-2005)

  • #2
    Wow. What a nice package. And for EIGHT years, too.
    DVR . . . . Life is too short to watch commercials.

    Comment


    • #3
      Originally posted by Lee Roy
      Wow. What a nice package. And for EIGHT years, too.
      And Nascar will get about $270 million per year from ESPN/ABC for the privilege. Wow.

      Comment


      • #4
        That kind of puts the IRL's $22 million in perspective. Any word on the annouce team? I can't wait for Jeff Gordon to "turn the trick".
        It's impossible, that's sure. So let's start working.- Phillipe Petit

        Talent borrows, Genius steals. - Pablo Picasso

        Ah, there's nothing more exciting than science. You get all the fun of sitting still, being quiet, writing down numbers, paying attention... Science has it all.

        Comment


        • #5
          I hear Todd Harris is looking for work.
          It's a Hoosier thing, you wouldn't understand...

          Comment


          • #6
            At first glance it appears FOX gave up a few races to TNT maybe to secure the Daytona 500 every year, the Chicago and first Michigan race end up on TNT which is a step down for MIS in June which was on network for at least 20 years. (If this was happening to the IRL there are some who would be claiming doom you know).

            Busch races could be on either of ABC, ESPN or ESPN2 and with no changes to the schedules the only two 2006 conflicts I see are IRL Texas Busch Nashville and IRL Richmond Busch Milwaukee being night races. That said NASCAR has done some of the schedule realignment they talked about maybe more could on the way to affect those dates.
            "You can't arrest those guys, they're folk heroes"
            "They're criminals"
            "Well most folk heroes started out as criminals"

            Comment


            • #7
              Originally posted by Bombardier R142
              That kind of puts the IRL's $22 million in perspective. Any word on the annouce team? I can't wait for Jeff Gordon to "turn the trick".
              If Defender is to be believed, the IRL receives somewhere around $12 million a year from ESPN/ABC (rather than $22M).

              Comment


              • #8
                Nice deal.
                Chicago Blackhawks done didn't do it again!

                Comment


                • #9
                  NASCAR's new TV deal

                  How long til Robin Miller writes an article stating Indycar is DOOMED!?!?

                  Over/Under 48 hrs

                  Comment


                  • #10
                    Originally posted by midtown
                    I hear Todd Harris is looking for work.
                    That's what happens when people hear only parts of rumors.

                    The reason Paul Page is coming back to IndyCars is not because Todd Harris was being fired...

                    ...but because Todd Harris is being "re-assigned" to the NASCAR broadcasts.





































                    NOT!!!!!!!!!!!

                    Chicago Blackhawks done didn't do it again!

                    Comment


                    • #11
                      ESPN will launch specially NASCAR-branded news and information programming.
                      Sweeeeeeeeetttt
                      DVR . . . . Life is too short to watch commercials.

                      Comment


                      • #12
                        I can't wait to see what happens to the Chase's ratings once it's on ABC. Gut says it'll shut a lot of people up. On BOTH sides...
                        "I didn't hear a single comment about airboxes, "carbashians", or how terrible the car looked. I did see dozens and dozens of little kids in awe of the speed and how cool the cars looked. We should learn from our children."
                        --Danny Noonan

                        Comment


                        • #13
                          This shows why the season was "condensed". Good partner, right!
                          "Life's journey is not to arrive at the grave safely in a well preserved
                          body, but rather to skid in sideways, totally worn out, shouting
                          "...holy $^!+...what a ride!"
                          >

                          Comment


                          • #14
                            Originally posted by FarSide
                            How long til Robin Miller writes an article stating Indycar is DOOMED!?!?

                            Over/Under 48 hrs
                            Under 48 hrs

                            Comment


                            • #15
                              no link or article?

                              here's the latest from Speedtv.com


                              NASCAR Finalizes Deals With FOX, TNT, ABC/ESPN
                              Written by: Ben Blake
                              Daytona Beach, Fla. – 12/7/2005 FOX will broadcast the Daytona 500 and will handle the 12 following rounds; SPEED will show Daytona's qualifying races and the Nextel All-Star Challenge. (LAT Photo)

                              NASCAR and its broadcast associates Wednesday announced a complex of arrangements for television and other media that will carry forward through 2014. The contracts, worth an estimated $4.48b, include renewals with Fox and TNT and a new relationship with ABC/ESPN.

                              NASCAR's epochal first broadcast agreements, concluded late in 2000, were with Fox and NBC/TNT. NBC announced this summer that it did not intend to continue with its part of the arrangement, which ends after next year. Fox's deal had an option proviso through 2008.

                              Under the new agreements, which take effect in 2007, Fox will broadcast the Daytona 500, by far NASCAR's highest-rated property, every year and will handle the 12 races following the Daytona 500. TNT will pick up the next six Nextel Cup events (Nos. 14 through 19), with ABC and ESPN taking up the remainder. ABC will broadcast all 10 races of the "chase" championship playoff.

                              Speed Channel remains a significant partner, taking on the Nextel All-Star Challenge and the Daytona 500 qualifying races. Speed also will continue to carry the Craftsman Truck Series, with the exception of two races, one of which will be the opener at Daytona.

                              Meanwhile, ESPN and its associated cable stations will pick up the Busch Series.

                              The new contracts represent a significant increase in revenue for NASCAR, with the value of the 2000 contracts estimated to be $2.8b over the six years. ABC/ESPN will pay about $270m per year for its share, with TNT paying $80m a year for its mid-season events. The total value of the contracts, if the numbers can be believed, would mean an increase of about 60pct.

                              All parties seemed pleased with the outcome of negotiations, which were difficult at times. Announcements had been expected mid-fall, at the Miami finale, and at the New York awards last week.

                              “This is a major accomplishment for the NASCAR drivers, teams and track operators that have made this sport what it is today," NASCAR ceo Brian France said in the announcement. "It . . . validates the marketing and production enhancements our current media partners have brought to the sport.

                              “The new broadcast partnership is also good for the fans because they will have so much more NASCAR content from a variety of media and new media sources.”

                              All parties emphasized the importance of "new media", such as internet and cellular services, in the new arrangements.

                              “This agreement totally embraces NASCAR’s multimedia future,” said George Bodenheimer, ESPN and ABC Sports president and co-chairman of Disney Media Networks. “NASCAR is a strong and growing property, and the ESPN of the 21st century -- an array of new media platforms and content outlets . . . will take the sport to even higher levels of exposure and growth."

                              ESPN will hit the ground running, establishing reports on qualifying and practice sessions for Nextel and Busch, a daily NASCAR news and information program, a Nextel Cup pre-race show, and a reality series and other specials.

                              ESPN was one of several of NASCAR's original cable associates in the 1980s but fell out of the bidding due to price during the 2000 negotiations.

                              There is no telling what effects the changing of the network guard will have on on-air talent, but much shuffling is expected.

                              NASCAR did not say whether there would be any changes in its distribution formula, which currently allows 65pct to the tracks, 25pct to the teams (via purse) and 10pct directly to NASCAR.
                              "Charging a man with murder here was like handing out speeding tickets at the Indy 500."- Capt. Willard, Apocolypse Now
                              "Ain't nuthin' like [being with a woman], 'cept maybe the Indy 500."- Bunny, Platoon
                              "To alcohol! The cause of- and solution to- all of life's problems."- Homer J. Simpson

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