Media companies that make large investments in sports rights (such as Disney, Fox, Time Warner, Comcast/NBC and CBS among others) are forced to concede to investors that their long-term projections for matching revenues against these rights costs are too rosy. Media companies have already begun to detail this risk factor in their SEC filings with the risk turning into reality by late 2016. The end result will be to accelerate sports rights amortization, reducing near-to-intermediate-term earnings expectations
Media +Technology Intelligence
