IOC session unanimously approves Olympic TV Channel launch

By (Follow on Twitter @ Yommie_ATAF)

The International Olympic Committee (IOC) has approved the launch of a digital Olympic TV Channel, despite concerns raised by former Namibian sprinter Frankie Fredericks, at the 127th IOC Session in Monaco on Monday.

Fredericks, a former Chair (2008-2012) of the Athletes’ Commission voiced concerns that this new expense should not absorb funds that would otherwise be earmarked for athletes.

Expected to have an operational costs around €490 million (£385 million/$600 million) over the 2015-2021 period, the “always-on” global channel will make use of the IOC’s extensive archive of footage from past Olympics and be based in Madrid, Spain.

The itself would contribute €175 million (£138 million/$215 million), or nearly 36 per cent, of the projected €490 million costs, which include a 10 per cent contingency.

International sports federations and National Olympic Committees would each chip in €72 million (£57 million/$89 million), the Olympic Movement Fund €38 million, while the remaining €133 million (£105 million/$164 million) would come from incremental TV rights and TOP sponsorship programme sales.

IOC President Thomas Bach during the press conference at the 127th IOC Session in Monaco / Photo Credit: IOC Media / Flickr

IOC President Thomas Bach during the press conference at the 127th IOC Session in Monaco / Photo Credit: IOC Media / Flickr

Olympic Agenda 2020

The full membership of the of the IOC also unanimously approved the 40 recommendations that make up –  a strategic roadmap for the future of the Olympic Movement.

“Olympic Agenda 2020 is like a jigsaw puzzle”, IOC President said. “Now that you have approved all 40 recommendations you can see the whole picture. It is a picture of progress. It is a picture that ensures the uniqueness of the Olympic Games. It is a picture that promotes the Olympic values. And it is a picture that strengthens sport in society.”

The debate and voting on were scheduled to last two days, but such was the support for the 20+20 recommendations – with 83 interventions in total – that the process concluded on the first day.

Each recommendation, voted on individually, received the full backing of the 96 IOC members in attendance. There were no votes against and no abstentions. As an additional show of unity for Olympic Agenda 2020, the members gave their unanimous support for the entire set of recommendations in an en bloc vote at the close of Monday’s meeting.

President Bach, who initiated the Olympic Agenda 2020 discussions a year-and-a-half ago, thanked the Session on what he described as a “very important and positive day for the IOC and the Olympic Movement.”

“The speed at which Olympic Agenda 2020 was approved showed the great support and determination of the members to make it happen”, President Bach said during a press conference following the meeting.

“It was a very, very positive surprise. But it followed over a year of constructive discussions. Some of the recommendations were not easy for certain members to swallow. Some may have hoped for no recommendation or a different recommendation on a specific issue.”

“So it was encouraging that regardless of their individual interests or positions, they were determined to make Olympic Agenda 2020 a success. Speaking of the members, I have a great deal of respect for them to do this,” he concluded.