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NBC Lost $223 Million On Olympics!

NBC Lost $223 Million On Olympics!

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The Peacock can’t do ANYTHING right this year!

Although the Winter Olympics brought $800 million to parent company General Electric, NBC is in the hole $250 million!

The network had a lot of production expenses. Not to mention the $820 million cost just to buy the rights to the Vancouver Games for TV and online.

Rating did improve 14 percent from the 2006 Winter Olympics in Turin, but it wasn’t enough to bring the big $$$$!

Yikes!

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Apr 18, 2010 15:40pm PDT

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