NBC expects to lose $200 million on the upcoming Winter Olympics, The New York Times reports.
The network has itself to blame, the paper said, by far exceeding rival bidders in order to land the rights, and failing to plan for a possible economic downturn.
“Our luck had been good,” NBC Universal Sports chairman Dick Ebersol told the paper. “But we didn’t foresee what would happen to the economy in 2008.” He added, “The rabbit’s foot that was mine, or ours, got lost.”
–Elizabeth Jensen
I SAY GOOD VERY GOOD LET THEM I HOPE LOOSE EVEN MORE!! I HATE NBC!!!
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