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Broadcast rights refer to the exclusive rights to broadcast a particular event or program. These rights are typically acquired by television networks, radio stations, streaming services, and other media outlets. Broadcast rights are typically acquired through a bidding process, with the highest bidder securing the rights. The rights may be exclusive or non-exclusive, and may be limited to a certain geographic area or worldwide.
Broadcast rights are an important source of revenue for media companies, as they allow them to monetize their content. They also provide an incentive for media companies to invest in the production of high-quality content.
Companies in the broadcast rights market include major television networks such as ABC, CBS, NBC, and Fox; streaming services such as Netflix, Hulu, and Amazon Prime; and radio stations such as SiriusXM and iHeartRadio. Show Less Read more