ISB to air Pan American Games

CO-Rio agrees to pay $23.3 million to b'caster

Intl. Sports Broadcasting, a U.S. company with expertise in covering large sports events, on Thursday was picked as host broadcaster of next year’s Pan American Games Rio (CO-Rio).

The decision follows a failed public auction in August and clears the way for CO-Rio to negotiate the international rights for the games that will take place in Rio de Janeiro from July 13-29.

CO-Rio agreed to pay $23.3 million to ISB for the services and will contribute $8.2 million to the costs in Brazil of equipment rental and labor, which brings the total to $31.5 million.

In the August round of bidding, CO-Rio offered $25.3 million for the job, but the only company that was interested missed the deadline.

Event officials said they chose ISB without a tender due to lack of time.

ISB will film all sports events and award ceremonies and produce two daily newscasts, which it will deliver to the nets that buy rights to the games.

The committee had hoped a local company would take on the challenge. But it became apparent that it required a firm with experience handling large-scale international events.

More TV

  • The Crown

    'The Crown': Netflix Releases First Look at Olivia Colman as the Queen

    Intl. Sports Broadcasting, a U.S. company with expertise in covering large sports events, on Thursday was picked as host broadcaster of next year’s Pan American Games Rio (CO-Rio). The decision follows a failed public auction in August and clears the way for CO-Rio to negotiate the international rights for the games that will take place […]

  • France fans with painted facesFrance v

    France Celebrates Soccer World Cup Triumph

    Intl. Sports Broadcasting, a U.S. company with expertise in covering large sports events, on Thursday was picked as host broadcaster of next year’s Pan American Games Rio (CO-Rio). The decision follows a failed public auction in August and clears the way for CO-Rio to negotiate the international rights for the games that will take place […]

  • France goalkeeper Hugo Lloris catches the

    France vs Croatia World Cup Live Stream: How to Watch

    Intl. Sports Broadcasting, a U.S. company with expertise in covering large sports events, on Thursday was picked as host broadcaster of next year’s Pan American Games Rio (CO-Rio). The decision follows a failed public auction in August and clears the way for CO-Rio to negotiate the international rights for the games that will take place […]

  • Who Is America Review

    TV Review: Sacha Baron Cohen's 'Who Is America?'

    Intl. Sports Broadcasting, a U.S. company with expertise in covering large sports events, on Thursday was picked as host broadcaster of next year’s Pan American Games Rio (CO-Rio). The decision follows a failed public auction in August and clears the way for CO-Rio to negotiate the international rights for the games that will take place […]

  • Ricky Martin Versace American Crime Story

    Ricky Martin Signs With Maverick Management

    Intl. Sports Broadcasting, a U.S. company with expertise in covering large sports events, on Thursday was picked as host broadcaster of next year’s Pan American Games Rio (CO-Rio). The decision follows a failed public auction in August and clears the way for CO-Rio to negotiate the international rights for the games that will take place […]

  • Harry Kane of England celebrates scoring

    Belgium vs England World Cup Live Stream: How to Watch

    Intl. Sports Broadcasting, a U.S. company with expertise in covering large sports events, on Thursday was picked as host broadcaster of next year’s Pan American Games Rio (CO-Rio). The decision follows a failed public auction in August and clears the way for CO-Rio to negotiate the international rights for the games that will take place […]

More From Our Brands

Access exclusive content