BBC wins Olympic rights up to 2020
The BBC has won exclusive rights to cover the four Olympic Games after London 2012.
The deal includes TV, radio and digital rights for the Winter Olympics in Sochi 2014 and Pyeongchang 2018, as well as the summer events in Rio 2016 and the as-yet unannounced venue for 2020.
Barbara Slater, BBC Sport director, said the announcement was "a massive boost to our teams".
"The Olympic Games has always been significant as an event that brings the nation together as well as a catalyst for broadcasting innovation, and we're delighted that BBC Sport can now continue to deliver on these traditions through to 2020," she added.
Mark Thompson, director general, blogged the new deal meant the BBC had "secured one of the last pieces in a portfolio of strategic sports rights which ensure that the BBC remains the UK's most popular sports broadcaster well beyond the present Royal Charter".
He added: "We now have rights arrangements which stretch out for many years and which guarantee that sport will continue to be a central part of the diet of licence-payers across BBC television, radio and online."
Dominic Coles, BBC's chief operating officer for the 2012 games, negotiated the new deal and said: "It's vital that big national and international events like the Olympic Games remain free-to-air where they can be watched by the greatest number of people."BBC rights
Rio 2016 and the 2020 Olympics will be the 16th and 17th summer Olympic Games broadcast by the BBC, a sequence that began with the 1948 Games in London.
During London 2012, the BBC will provide live coverage of every Olympic sport from every venue for the first time. There will be around 2,500 hours of live coverage on BBC One, BBC Three, Radio 5 and online as well as mobile devices.
Slater recently blogged the BBC would spend "more than £2 billion on sport over the next five years".
Sport is the most expensive genre in the BBC outside news and DQF plans have led to a 15% cut in the sport rights budget, much of which has been achieved by the deal to share Formula 1 coverage with Sky.
The BBC recently secured rights to show Premier League highlights during 2013-16 at £179.7 million and Football League highlights for the next three seasons.
The corporation has also held on to the following tv rights: US Masters (until 2014) and Open Golf (until 2016); Wimbledon and Six Nations rugby (until 2017); World Athletics Championships (for 2015 and 2017); and the London Marathon and Bupa Great Run series until 2018.
BBC radio rights for England's cricket home internationals run up to 2019.
However the corporation recently lost tv horse racing coverage to Channel 4, which bought the rights to the Grand National, Royal Ascot and the Derby.