Major League Baseball is slated to announce its new TV agreements with NBC (CMCSA), Netflix (NFLX), and ESPN (DIS), The Athletic’s Andrew Marchand reports, citing sources briefed on the league’s plans. The new deals will give ESPN rights to out-of-market games for all 30 clubs and six in-market clubs, while NBC/Peacock will now have the first round of the playoffs and Sunday Night Baseball, and Netflix will broadcast the standalone Opening Day in prime time, the Home Run Derby, and the “Field of Dreams” contest, the author notes. NBC is expected to pay nearly $200M per year for the rights, while Netflix will shell out $50M per season, the author says.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMCSA:
- Will Paramount Raise its WBD Offer to $30 Per Share? Company Denies Consortium Claims
- Disney CFO doesn’t see need for ‘major M&A’
- Another Saudi Offer Emerges in the Warner Bros. Discovery (NASDAQ:WBD) Race
- Midday Fly By: Microsoft, Nvidia invest in Anthropic
- Hearst Launches New AI TV Project: How the Trend Could Lift Chip Stocks and Pressure Media Firms
