Why is there so little Olympics footage in the news? Here’s how the multibillion-dollar video rights industry works.
Why is there so little Olympics footage in the news? Here’s how the multibillion-dollar video rights industry works.
With Channel Nine holding the broadcast rights to the Paris games, other networks are hamstrung. Here’s how the system works.
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In this chapter of "Capitalism ruins everything"
For comparison, NBC in the US paid US$7.75 billion (A$11.8 billion) in 2014 for the rights to broadcast the Olympics until 2032.
At that much money, you can pretty much count on extreme amounts of corruption and thievery going on behind the scenes.
B-but capitalism breeds innovation!
They are very creative in finding new ways to screw us over.
The thing that sucks about capitalism is that for as awful as it is, the idea that it breeds innovation is also true.