Clock-watching is an integral part of any Olympic Games but even the most eagle-eyed sporting anoraks might be forgiven for missing the fact that Sunday marks 600 days until the start of the 2020 Olympics in Tokyo.
For most people, it is not actually a particularly significant milestone but for 160 people of 35 nationalities beavering away in a building overlooking a highway in Madrid, the pressure of organising the biggest television show on earth just went up a notch.
These are the people of the Olympic Broadcasting Services (OBS), a wing of the International Olympic Committee responsible since 2008 for providing the pictures of every competition which are beamed around the world.
The size of the audience is phenomenal as is the money that is generated.
Over five billion viewers tuned in for the last Games in Rio de Janeiro in 2016 as opposed to 3.4 billion for this year's football World Cup.
Television stations from around the world have dished out more than six billion dollars for the rights to the Games in Tokyo -- broadcasting the event is a complex, lucrative business managed from the Spanish capital.
"Preparing and planning for the games is an ongoing function, so as we speak we are obviously very close to the finalisation of our plans for Tokyo," says Yiannis Exarchos, the imposing Greek boss of the OBS.
"But we have already started quite detailed planning for the winter games in Beijing (2022) and we have already started engaging with Paris (2024) and Los Angeles (2028)."
- A 'burden' on host cities -
=============================
"As early as the Games of Atlanta (1996), it was made clear that the IOC should do something to support the cities."
- Infrastructure -
==================
- 'Lifeline' for sport -
========================
"The funding that comes from the television rights of the Games is a lifeline for the support of sports."
"The vast majority of the sports which are in the Olympic programme would have a hard time surviving if it were not for revenues coming from the rights."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
