CURRENT AFFAIRS

Detailed explanation-1: -The media rights were awarded through a competitive bidding process. Viacom18 Media has secured exclusive media rights to broadcast the Olympic Games Paris 2024 in the Indian subcontinent. It has also bagged the non-exclusive rights to the Winter Youth Olympic Games in Gangwon 2024.

Detailed explanation-2: -The BBC has been named as the Games’ free-to-air broadcaster until 2032 – taking in Paris 2024, Los Angeles 2028 and Brisbane 2032 – but the corporation will continue to be limited to showing live action on one linear and one digital channel.

Detailed explanation-3: -The 1936 Olympic Games in Berlin saw the first television coverage, with three cameras on site. But watching these broadcasts was a public event, in specially equipped rooms a short distance from the stadium. These facilities nonetheless allowed more than 162,000 people to watch the competitions on television.

Detailed explanation-4: -NBC then agreed to a $7.75 billion contract extension on May 7, 2014, to air the Olympics through the 2032 games. NBC also acquired the American television rights to the Youth Olympic Games, beginning in 2014, and the Paralympic Games for the 2014, 2016, 2018, and 2020 editions.

Detailed explanation-5: -The IOC owns all the global broadcast rights to the Olympic Games, including via television, radio, mobile phones and internet platforms. It is responsible for awarding these rights to broadcasters around the world, to ensure the widest possible coverage of the Games.