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November 15, 2013

What Bubble? Execs Say Sports Rights Increases on Par With Demand

Is there a sports rights bubble that’s destined to burst? Survey says... nope. At least if you’re asking a bunch of sports execs. At the Covington & Burling Sports Media & Technology conference Thurs they discussed the increase of sports rights costs, the ramifications for the industry and what factors might actually cause a media rights bubble to burst.

More top stories in today's CableFAX Daily:
 
 
A bipartisan “Do Not Track Kids” Act was introduced Thurs on the Hill. Read on for details.
 
Viacom shares closed down almost 2.5%, despite posting strong revenue growth (+9% YOY to $3.65bln) in fiscal 4Q.
 







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