00:00It's Benzinga bringing Wall Street to Main Street.
00:03The NFL met with Federal Communications Commission officials last week to defend its media rights
00:07strategy as regulators examined the shift of sports to streaming, according to the Wall Street
00:12Journal. The meeting followed an FCC probe into whether the transition harms consumers and
00:18broadcast television. The Justice Department is also investigating potential anti-competitive
00:23practices in sports media rights. The NFL said its antitrust exemption allows centralized
00:29negotiations and argued separate team deals would raise costs and create confusion.
00:34The league said 87% of games remain on broadcast TV through CBS, NBC, Fox, and ABC. It said streaming
00:42deals are limited and games remain available in local markets. Regulators and broadcasters raised
00:48concerns about rising costs, access challenges, and impacts on local stations. For all things money,
00:53visit Benzinga.com.
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