WebJan 11, 2010 · The loss comes primarily due to the stiff rights fee NBC paid to broadcast the games, he said. NBC paid $820 million for the rights to televise the Winter Games. WebFaced with funds falling $95 million short (at one time the shortfall climbed to as much as $167 million) and threatened with bankruptcy, the organizers of the world's largest athletic competition started canceling Olympic parties, and cutting travel and promotional …
For China, Hosting the Olympics Is Worth Every Billion
WebJul 20, 2024 · NBC paid $7.75 billion to the International Olympic Committee for the broadcast rights in a deal that will run through the 2032 Olympics. The deal covers six Olympics, from 2024 to 2032,... WebJul 21, 2024 · When NBC renewed its contract through the 2032 Summer Games, Comcast plunked down $7.75 billion, and while the cost of each individual event has not been disclosed, historical precedent would put the price of carrying these Winter Olympics … east hanover marriott hotel
NBC paid $7.75bn for its Olympic rights ... and we got
WebJul 7, 2024 · Coincidentally, the 1964 Olympics was the first time NBC televised the Olympics (rights fees were $1.5 million). NBC plans further innovations in 2024. WebAug 9, 2024 · As the Tokyo Olympic Games wrap up Sunday, fans should be, and surely are, grateful to the work that went in to preserve the quadrennial athletic event, even a year later than originally scheduled … WebJun 14, 2024 · While NBC regularly books more than $1 billion in Olympics ad sales, the right fees and production costs associated with putting on the Games make for some mighty tight margins. For example, the 2016 Summer Games in Rio de Janeiro gave NBC its best … east hanover municipality