Terms of the deal weren’t disclosed, though Reuters pegged the value at more than $3 billion, citing people familiar with the matter. CBS and NBC paid a combined $450 million for 10 games last season, and Fox’s bid was higher this time around, people familiar with the matter said. The agreement also allows Fox to distribute its Thursday and Sunday games to subscribers over a wider array of digital platforms, including mobile phones for the first time.
This is the classic MBA family business story.
Brilliant father creates the business, makes a fortune and a great business, and then is unable to continue to work or dies.
Sons or other family members inherit the business and f___ it up, showing that fools and their money are soon parted.
Big f___ing blunder, this NFL deal will be a disaster for Fox.