The Việt Nam Television Corporation (VTC), a member of Voice of Việt Nam (VOV), has announced it has bought the rights to show the ongoing Asian Games (ASIAD) 2018, Vietnamnews reported.
“The VOV bought the rights to ASIAD because of the entertainment demands of the Vietnamese people. As a leading press agency in the country, VOV wants to best serve viewers within the conditions and capacities of VOV,” said general director of VOV, Nguyễn Thế Kỷ.
Kỷ didn’t reveal the price paid for the copyright offered by its partner, KJSMWORLD Corp, which is based in South Korea. But according to a source, it was valued at US$1.3 million.
From August 22, sports fans will have a chance to see Việt Nam compete in Indonesia via radio channels including VOV1, VOV2 and VOV3 as well as TV channels including VTC1, VTC3, VTC9.
Earlier, Việt Nam Television (VTV) announced its failure to purchase the copyright to broadcast ASIAD due to the high price.