NBC Lost $223 Million on the Olympics

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CoolBreeze
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NBC Lost $223 Million on the Olympics

Post by CoolBreeze »

Old and busted: The Olympics


LOS ANGELES (Associated Press)--The tally is in: NBC lost $223 million on the Winter Olympics in the first quarter.

That's slightly better than the most recent estimate of $250 million in losses.

The Olympics did bring about $800 million in extra revenue to GE. But NBC had a lot of production and other expenses, including $820 million just to acquire the rights to carry the Vancouver Games on television and online. That expense was cited as the main culprit for the red ink.

http://www.huffingtonpost.com/2010/04/1 ... 41586.html
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genlock
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Re: NBC Lost $223 Million on the Olympics

Post by genlock »

I didn't watch any of it at all.
Lost interest over the years.

Marshall needs a curling team.
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