Twenty-First Century Fox (FOXA - Free Report) recently inked a seven-year deal with Major League Baseball (MLB) extending the current deal, which ends in 2021.
The deal worth at least $5.1 billion, per Bloomberg, will continue Fox as the exclusive broadcast partner of World Series, two Division Series (DS), one League Championship Series (LCS) and the All-Star Game.
MLB Network will continue to enjoy rights to two games from the League's DS and LCS, which will alternate each season.
Moreover, Fox sports will continue its Saturday regular season games, including highlights packages and MLB-centric programs. Fox Deportes has the Spanish-language rights.
From 2022, there will be an increased number of regular-season and postseason games broadcast. The deal will extend Fox Sports’ digital, streaming, social media and highlight rights as well. Reportedly, Fox is paying 39% more for the latest deal.
Twenty-First Century Fox, Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Twenty-First Century Fox (FOXA - Free Report) recently inked a seven-year deal with Major League Baseball (MLB) extending the current deal, which ends in 2021.
The deal worth at least $5.1 billion, per Bloomberg, will continue Fox as the exclusive broadcast partner of World Series, two Division Series (DS), one League Championship Series (LCS) and the All-Star Game.
MLB Network will continue to enjoy rights to two games from the League's DS and LCS, which will alternate each season.
Moreover, Fox sports will continue its Saturday regular season games, including highlights packages and MLB-centric programs. Fox Deportes has the Spanish-language rights.
From 2022, there will be an increased number of regular-season and postseason games broadcast. The deal will extend Fox Sports’ digital, streaming, social media and highlight rights as well. Reportedly, Fox is paying 39% more for the latest deal.
Twenty-First Century Fox, Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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