News reports have been coming in steadily on the chances of major college football games being played this fall. So far, the Pac-12 and Big Ten conferences have both announced the postponement of their seasons until at least the spring. The remaining Power Five football conferences -- the Big 12, Atlantic Coast Conference (ACC), and Southeastern Conference (SEC) -- are, for now, all planning to play their own seasons this year.
Walt Disney (NYSE: DIS) owns a large chunk of the broadcasting rights to the Power Five conferences in part due to its $71.3 billion acquisition of Fox in 2019. The combined entity has long-term TV contracts in place with the Big Ten, Big 12, ACC, and Pac-12. Combined, Disney shelled out $8 billion for these rights.
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