Analysts Estimate That Media Giants’ Annual NFL Profit Ranges From $12 Million to $146 Million
The Hollywood Reporter says TV network owners are earning between $12 million and $146 million a year on their current NFL contracts, Evercore Partners analysts Alan Gould and Bryan Kraft estimated in a report Monday. Some are likely reporting losses at the network level, but improve their result when including owned-and-operated TV stations, they said. Using company data and Evercore research, the analysts suggested that CBS is currently making a $146 million profit on its NFL contract, Fox $107 million, ESPN $83 million, and NBC $12 million. Click here for the complete story.