NBC Might Lose The Olympics!
What a lovely little case of divine justice!!!
NBC might be losing the rights to air the Olympics for the first time in 14 years!!
It was recently announced that NBC is projecting a $250 million loss on this years Winter Games in Vancouver, which begins a week from Friday. The ad sales this year are estimated to bring in $650-$700 million, which doesn’t come close to the $820 million it costs for the rights to air the games.
So Fox, ESPN, and CBS Corp. and Time Warner Inc. (the latter two are teaming up together) are all planning to bid for the broadcast rights to air the 2014 Winter Games in Russia and 2016 Summer Games in Rio de Janeiro!!
Eek!! What can we say, NBC? You eff people over (on certain nightly talk shows) sometimes you get screwed right back.
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