Tuesday, October 24, 2017
Spending Spree for SVOD Content
While DirecTV, ESPN and Turner Broadcasting earlier this month re-upped separate broadcast rights deals with the National Football League and the National Basketball Association for a combined $4.1 billion per year, subscription streaming services are slated to spend nearly $7 billion on movies and TV shows in 2015, according to a 76-page report from David Bank, analyst with RBC Capital Markets.
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