IOC President Thomas Bach said: “On behalf of the IOC I am delighted that we will continue to work with our longstanding broadcast partner CCTV. They have demonstrated many times their ability to bring first class coverage of the Olympic Games to hundreds of millions of Chinese people. The revenue the IOC has secured from this agreement will be redistributed to support future organisers of the Olympic Games, as well as supporting sport and athletes in China and around the world.”
Mr.Hu Zhanfan ,President of CCTV said: “This is a win-win agreement. CCTV has been contributing enormously for the recognition and promotion of the Olympic Games and the Olympic Movement in China and we are determined to be, as always, a powerful and exceptional partner of the IOC.”
CCTV, China’s state broadcaster, has acquired the rights across all broadcast platforms, including free-to-air television, subscription television, internet and mobile phone in all languages. The agreement also includes the right to broadcast all editions of the Youth Olympic Games until 2024.
The IOC has an existing agreement with CCTV to broadcast the Rio 2016 Olympic Games: http://www.olympic.org/news/ioc-awards-2014-and-2016-olympic-games-broadcast-rights-in-china/169781