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If sports broadcasts lose so much, why does TV keep bidding up the rights?

Retrieved on: 2018-04-14 05:43:03

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If sports broadcasts lose so much, why does TV keep bidding up the rights?. View article details on hiswai:

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<div>With its merger with Fox Sports imminent, its owners News Corporation (65 per cent shareholder) and <b>Telstra</b> (35 per cent) will be delighted to snag another glittering trophy before its likely spin-off. Foxtel's financials are not the most transparent on the planet, but last year's revenue stream fell by a lazy ...</div>

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