NFL Broadcasting Stocks Slump As Protests Rise And TV Ratings Fall

Ratings for the the NFL have been worse this season and attendance for some games has also been disappointing. The networks will pay over $5 billion this season to televise the NFL and were already facing unflattering margins on advertising profits. An article in The Hollywood Reporter reckons the drop in NFL ratings could trim the broadcaster’s earnings by $200 million. Disney’s ESPN, meanwhile, also continues to get hammered by cord-cutting. – Mike Ozanian, Forbes http://ift.tt/2xyvaqm