Friday, October 28, 2011

That's BILLION with a "B"!

Fox Outbids ESPN, NBC for 2018/2022 World Cup Rights

Fox will broadcast the 2018 and 2022 World Cups in the USA after outbidding rivals ESPN and NBC.

Leaders from each of the three networks had travelled to Zurich last week to hand over their offers to world football’s governing body.

In what’s widely being considered a surprise, Fox’s bid was apparently considered the best by the FIFA Executive Committee.

Fox is said to have paid between $450 million and $500 million for the English rights with Telemundo forking out another $600 million for Spanish. ...

See the whole story here, courtesy of WFI.

Kicking Back Comments: Yes folks, that 1.1 Billion (with a B) for TV rights to FIFA for a soccer tournament. Big business folks, big business.

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