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Media firm insured against cancellation of Olympics

Posted On: Mar. 2, 2020 5:16 AM CST

Olympics

U.S.-based mass media firm Discovery Inc. has insurance to protect itself from a loss of revenue if the 2020 Summer Olympics, which is scheduled to be held in Tokyo from July 24, is cancelled due to the coronavirus outbreak, The Sun reports citing the Associated Press. Dick Pound member of the International Olympic Committee, said that a decision on the games could be needed by late May. 

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