News Broadcasting
IOC in $72mn deal with Korean broadcaster
MUMBAI: The International Olympic Committee (IOC) has awarded the Olympic broadcast rights in Korea to SBS, the privately-owned terrestrial commercial broadcaster in South Korea. SBS will have all rights on any audiovisual medium in the territory.
The agreement, valued at $ 33 million for Vancouver 2010 and London 2012, and $ 39.5 million for the 2014 and 2016 Games, includes for the first time Olympic coverage in both North and South Korea. It also shows a significant increase of 109 per cent from the current broadcast rights agreement (2002–2008) with the Korean Pool which runs until the Olympic Games in Beijing.
In line with the IOC’s policy to ensure maximum coverage and exposure for the Olympic Games broadcast, the agreement ensures that 250 hours of the Olympic Games and 150 hours of the Olympic Winter Games are broadcast on Korean free-to-air channels, along with an “Olympic Games’ Daily Highlights” programme, which will be shown in prime time.
IOC president Jacques Rogge said, “This significant agreement is an excellent outcome for the IOC and for the people of Korea, who are avid Olympic Games fans. This deal ensures a broader reach and greater coverage with a dedicated and enthusiastic new broadcast partner. This deal will mark the end of our relationship with the Korea Pool. We look forward to their collaboration on the Beijing Games and thank them for their partnership in previous Games”.
IOC executive board member Richard Carrión, who led the TV rights negotiations in Korea, said, “Korea is arguably the world’s most advanced media market in terms of broadband penetration and early adoption of new technologies. This new contract with SBS will allow the deployment of a full spectrum of new media rights as well as extending the coverage of Olympic Games into North Korea. The financial aspects are also favourable for the Olympic Movement. We are very pleased with this outcome.”
News Broadcasting
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
