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Stock impact report

Ex-NFL star predicts streaming giants will team up for bundles as league rights become 'so damn expensive' [FOX News]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: FOX News
With a new NFL media rights deal potentially on the horizon, new bidders on the outside looking in are likely to make their pitch to be brought into the football family. To do so, the offers need to be quite lucrative. The NFL reportedly had a fall timeframe to complete a new media rights deal, but John Ourand of Puck reported earlier this month that it is now believed the league wants it done before Week 1 in September. The league technically can't exit the current media rights deals until after the 2029 season, but there isn't expected to be any opposition to getting something new done with its partners. With additional media partners potentially entering the fold in this potential new deal, as well as the incumbents like FOX, CBS and NBC, the NFL should see more than its roughly $10 billion per year. But one former NFL Pro Bowler believes these streaming services trying to jump one another to acquire rights to the most profitable professional sports league in the U.S. will Show less Read more
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