The 2020 Summer Olympics, which were set to begin July 24 in Tokyo, have been postponed amid the global coronavirus pandemic. Here’s what the move means for media giants Comcast and Discovery.
The 2020 Olympics will be delayed about a year due to the coronavirus pandemic, officials announced Tuesday.The International Olympics Committee said the games will take place "no later than summer 2021."Kazuhurio Nogi | AFP | Getty ImagesThe International Olympic Committee postponed the 2020 Olympic and Paralympic Games,Japanese Prime Minister Shinzo Abe said he and the head of the International Olympic Committee agreed to delay the 2020 Olympics in Tokyo for about a year.
NBC is the U.S. broadcast rights holder to all Summer and Winter Games through the year 2032 An NBC Sports spokesperson said NBC it understood the IOC's decision to push back the Olympics. The company also said it is working with its advertisers to prepare for the rescheduled events next year. Abe spoke to reporters after a phone call with IOC President Thomas Bach on postponing the Games amid growing concerns over the coronavirus pandemic.
Tokyo had completed preparations when the virus started spreading into a worldwide pandemic. Despite insisting for months the Olympics would go ahead as planned, Abe said this week a delay may be unavoidable if the entire events could not be held. The agreement comes after rising calls around the world to cancel or postpone the games. The Canadian Olympic Committee and the Canadian Paralympic Committee withdrew the from the 2020 Summer Games over the weekend.
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