Thursday, February 1, 2018

Fox scores NFL 'Thursday Night Football' in five-year deal for more than $3 billion


It was Rupert Murdoch’s audacious bet 25 years ago on the NFL that established the also-ran Fox network as a force in television. In 1993, the shrewd mogul from Australia wildly overpaid for the rights to the NFL’s Sunday afternoon NFC games, squeezing out then-incumbent CBS. At the time, Fox agreed to pay about $400 million a year, which was $100 million more than what CBS had offered to keep the franchise.

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source http://hdsportsnews.com/fox-scores-nfl-thursday-night-football-in-five-year-deal-for-more-than-3-billion/

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