with the info from earlier article post ... this article says we get these numbers...
1 billion - advertising revenue 16 days of Games Coverage for NBC = equals 62 million $ in advertising revenue /day
$725000 per 30 sec spot =equals 86 - 30 sec commercials a day
Costs for NBC.. = 793 million just for the Broadcast rights... NBC Production Costs = 100 million NBC only Hoping to Profit 50 Million Total
QTN paid 1.7 million for the broadcast rights GAY GAMES ONLY 7 days.. No Tape Delay More Live coverage More hours of daily programming covering games..
So conservativly... First lets cut the 1 billion in half because it's half as long ( 13days / 7days)
Leaves QTN with 500 million. -minus 1.7 million for broadcast rights
Leaves QTN with 498 million... or so
-minus 50 million production costs.. (extremely high imo)
leaves us with 448 Million..PROFIT
Obviously advertisers arent gonna pay $725,000.00 for a 30 sec commercial...
Or will they...????? WORLDWIDE ADVERTISE
448 million $$$ profit sounds fun to me.... for 6 days of work...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.