[Dilbert San Diego]

NBC had paid some big bucks for the rights to the Olympics. I’m sure the attorneys can tell us, what happens if the big event a network has paid the big bucks for is canceled. Are there insurance policies which may give NBC some reimbursement?

[T.B. Yoits]

NBC had paid some big bucks for the rights to the Olympics. I’m sure the attorneys can tell us, what happens if the big event a network has paid the big bucks for is canceled. Are there insurance policies which may give NBC some reimbursement?

Bingo. NBC may push to have them canceled to avoid further losses and collect on the insurance.