Is there a sports rights bubble that’s destined to burst? Survey says… nope. At least if you’re asking a bunch of sports execs. At the Covington & Burling Sports Media & Technology conference Thurs they discussed the increase of sports rights costs, the ramifications for the industry and what factors might actually cause a media rights bubble to burst.
More top stories in today’s CableFAX Daily:
Here’s what went down at newly installed FCC chmn Tom Wheeler’s 1st open meeting Thurs.
A bipartisan “Do Not Track Kids” Act was introduced Thurs on the Hill. Read on for details.
Viacom shares closed down almost 2.5%, despite posting strong revenue growth (+9% YOY to $3.65bln) in fiscal 4Q.