Dissent is growing within the media business over the rising cost of sports programming, even as the NFL is negotiating new agreements that are expected to boost broadcast networks’ fees by 60% to about $3.2 billion a year.
Such sharply rising costs—including in a recent deal already agreed between the National Football League and ESPN—are producing a vocal backlash from some media companies, which are afraid customers will drop services as prices escalate.
Sam Schechner on Lunch Break has latest developments from the UBS Global Media Conference, including the impact of rising sports fees and rising internet viewing. Plus, Nielsen makes a correction to its television ratings.
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