The International Olympic Committee (IOC) has awarded South Korea's SBS the exclusive local broadcasting rights to Olympic Games until 2024.

SBS has rights to the 2018 Winter Olympics, 2020 Summer Olympics, 2022 Winter Olympics and 2024 Summer Olympics.

The host cities for these games have not yet been decided, but South Korea's PyeongChang is in the running for the 2018 Winter Olympics, alongside Germany's Munich and France's Annecy. The host city will be announced on 6 July in Durban, South Africa.

SBS already has the broadcasting rights for the 2012 London Summer Olympics, the 2014 Sochi Winter Olympics and the 2016 Rio de Janeiro Summer Olympics.

"We are delighted to continue our partnership with SBS through to 2024," said IOC president Jacques Rogge.

"SBS has been our broadcast partner in the region for many years and I would like to thank them for their commitment to the Olympic movement."

SBS will have broadcasting rights across all platforms, including free-to-air television, subscription television, internet and mobile services.

Yoon Se-young, chairman of SBS, said his station will "gladly continue its support for the Olympic movement overall and young Olympic athletes in particular".