Bank of America says Fox overexposed to NFL rights fees, downgrades stock

The NFL is positioning itself to negotiate new media rights deals several years earlier than anticipated, and those negotiations are likely to put the squeeze on legacy broadcasters. Analysts at Bank of America issued a research note on Wednesday outlining how the NFL is the “linchpin” holding the cable bundle together. That suggestion is far Read more... The post Bank of America says Fox overexposed to NFL rights fees, downgrades stock appeared first on Awful Announcing.