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IOC delaying TV rights talks

Updated: June 23, 2010, 9:46 AM ET
Associated Press

LAUSANNE, Switzerland -- The International Olympic Committee is holding off negotiating the next round of U.S. television rights and could delay the high-stakes bidding again until next year because of the fragile state of the American economy and weakness in the advertising market.

Richard Carrion, the IOC official who handles the TV negotiations, said in an interview with The Associated Press that the unfavorable financial climate makes it unwise to seek a deal now with U.S. broadcasters ...

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