FOXA - NFL settles new media deals at rich prices; Amazon takes Thursday nights
The National Football League has finalized new 11-year media rights deals that significantly expand digital platform rights, and along the way makes Amazon.com (AMZN) the exclusive home of Thursday Night Football. Many of the deals are coming in at terms near ones that had leaked out previously. Disney (DIS) will pay about $2.7B/year for ESPN and ABC, while Fox ([[FOX]], [[FOXA]]) will pay about $2.2B for NFC rights and ViacomCBS ([[VIAC]], [[VIACA]]) paying about $2.1B for AFC rights. NBCUniversal (CMCSA) will pay about $2B/year for Sunday Night Football.Overall, the deals amount to more than $100B over the life of the contracts, and they'll keep the bulk of the league's games - perennially top-rated television programs - on traditional TV through 2033.
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NFL settles new media deals at rich prices; Amazon takes Thursday nights