— Published on August 1, 2024

Television rights on the decline

Athletics

Time to take stock for World Athletics. The international athletics body took advantage of its Council meeting on Wednesday July 31 in Paris to approve its annual accounts. First lesson: revenues from television rights fell in 2023, reaching $46,3 million, compared to $48,7 million the previous year. But this slight drop was offset by other revenues, including those from RusAF, Kenya and the Label Road Race program. Result, income “ generally stable », at $54,2 million. On the expenditure side, the “Grant for Growth” program, dedicated to the development of member federations, benefited from an increase of 76%. Ultimately, total spending remained stable between 2022 and 2023, at $70 million. World Athletics also announces that it has added one million dollars to the prize money distributed to athletes during the world championships, financial aid which now reaches $12 million every two years.