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These flashcards cover key terms and concepts from the lecture on the impact of Willi Daume and the Munich 1972 Olympics on Olympic television contracts and finances.
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The Rome Formula
A rule stating that money generated from television contracts belonged primarily to the IOC, which would distribute it to International Federations, National Olympic Committees, and Organising Committees for the Olympic Games.
Willi Daume
A powerful sports administrator in Germany who served as IOC member and was President of the West German National Olympic Committee.
Munich 1972
Refers to the Olympic Games hosted in Munich, notable for its controversies including problematic television contracts.
Technical Service Costs
Costs deducted from television contracts, which went to the host city before funds were split according to the Rome Formula.
IOC Financial Situation
Characterized by weak financial control and lack of oversight, making the IOC vulnerable to manipulation during television revenue negotiations.
Lord Killanin
President of the IOC during a transitional period of major political and financial changes in the Olympic Movement.
1976 Montreal Olympics
An Olympic Games that had high aspirations for the city of Montreal and faced significant financial challenges.
COJO
The Organizing Committee for the Olympic Games, responsible for negotiating television contracts and managing finances.
Roone Arledge
President of ABC Sports, influential in changing the presentation of Olympic coverage and turning it into dramatic television events.
Technical Service Fees
Fees sought by Montreal for the television contract as a way to offset their growing costs, prompting tension with the IOC.
Innsbruck 1976
The Winter Olympics held in Innsbruck, Austria, distinguished by a cooperative relationship with the IOC and adherence to the Rome Formula.