D.C. Memo: Nexstar CEO Says Netflix Will Lose Money On NFL Christmas Deal
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NFL on Netflix: Nexstar CEO Perry Sook is predicting that Netflix will lose money on its Christmas doubleheader deal with the NFL. “If I look at Christmas Day, each NFL game may generate $10 [million] to $12 million in advertising. It’s been rumored they paid more than $75 million apiece. Plus, you have to do the production, plus the marketing and promo…