Friday, February 08, 2013

Could this be true?

From this morning's LA Times...

"In a new report, the industry consulting firm SNL Kagan says CBS "likely broke even or lost a little money" on its broadcast of the Super Bowl last Sunday. SNL Kagan arrived at that conclusion with some simple arithmetic. CBS, the firm said, took in $240 million in ad revenue from the game and calculated that its production cost and license fees were probably more than that."

That sounds hard to believe.