💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

CBS expands NFL streaming rights to include mobile devices

Published 06/25/2018, 02:32 PM
© Reuters. The CBS television network logo is seen outside their offices on 6th avenue in New York
AAPL
-
CBS_old
-
VZ
-
TFCFA
-

(Reuters) - CBS Corp (N:CBS) on Monday expanded its streaming agreement with National Football League to include mobile devices and extended the rights through the 2022 season, the media company said.

The multi-year deal will help the NFL to reach consumers who do not subscribe to a television package. In recent years, the football league has been trying widen its reach by distributing its games over the internet amid falling ratings.

Subscribers will be able to watch the entire 2018 NFL live on CBS's All Access video platform, including on mobile phones and tablets via the CBS App for iOS, Android and on connected devices such as Roku Players, Apple (NASDAQ:AAPL) TV and Chromecast, CBS said.

NFL has similar streaming agreements with companies including Twenty First Century Fox (O:FOXA) and Verizon Communications Inc (N:VZ).

In January, Fox agreed to pay more than $3 billion to air Thursday night NFL games on Fox broadcast network for the next five seasons, Reuters reported.

© Reuters. The CBS television network logo is seen outside their offices on 6th avenue in New York

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.