Industry sources familiar with Tennis Australia’s plans,who spoke anonymously because the work has not been completed,said the strategy will play a key role in determining revenue for the organisation in the medium term.
Mr Marks was chief executive of Nine when it signed a $300 million deal with Tennis Australia for the Australian Open and other minor tournaments from 2020 to 2024. It occurred as Seven West Media and News Corp’s pay-TV platform Foxtellanded a $1.2 billion deal for six years of cricket.
Nine signeda separate deal for the 2019 Australian Open for $48.5 million. The agreements marked the end to a 40-year relationship between TA and Seven West Media.
Nine runs a television network,radio network and publishesThe Sydney Morning Herald andThe Age.It also has digital real-estate assets and owns streaming service Stan.
In Mr Marks’ final months as CEO,he and then Stan boss Mike Sneesby secured the broadcast rights to Wimbledon and the French Open,which now run on Stan.Mr Marks left the company earlier this year after revealing he was in a relationship with a former colleague,Alexi Baker. Ms Baker is now chief customer and digital officer at the NRL.
Tennis Australia’s 2015 rights negotiations gave it the ability to control video and audio feeds for key tournaments.
Tennis Australia currently distributes a feed to local and international broadcasters – an arrangement designed to boost the Australian Open’s international audience and revenue.