The upcoming Summer Olympics likely would be postponed one or two years if they ...
The upcoming Summer Olympics likely would be postponed one or two years if they do not go on as scheduled due to concerns about the coronavirus outbreak, a member of the Tokyo 2020 organizing committee’s executive board told The Wall Street Journal.
Haruyuki Takahashi told the newspaper in an article published Tuesday that other options — such as playing the Games without spectators or canceling them entirely — would have substantial financial ramifications. Thus, a postponement would be the best option if the Games do not begin as scheduled. International Olympic Committee organizing committee president Yoshiro Mori said last month that the Olympic Games — which begin July 24 — are expected to go on as scheduled.
Should a postponement be considered, however, it would cost a pretty penny for NBC. The network, which owns the Olympic broadcasting rights in the United States, announced last week that it has already secured $1.25 billion in advertising revenue ahead of The Games.
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