TELETRADER News
12/22/2022, 3:39 PM
(Source: TeleTrader)
Alphabet C-0.74%
Alphabet A-0.71%
YouTube to reportedly pay $2B for NFL broadcasts
Alphabet Inc. and Google LLC's YouTube LLC will pay $2 billion a year to broadcast NFL Sunday Ticket, The Wall Street Journal reported on Thursday, citing unnamed insiders with knowledge of the agreement.
The contract's per-year price could increase if certain thresholds are met, according to the report.
Youtube, which has two billion monthly users, reportedly competed for the seven-year contract against Amazon.com Inc. and The Walt Disney Co.'s ESPN.