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Tag Archives: Mental Floss

NBC Paid $1.2 Billion to Broadcast the London Olympics. Where Does That Money Go?

NBC paid the International Olympic Committee a record $1.18 billion for the U.S. broadcast rights to the 2012 London Games and $4.38 billion for the four Olympics from 2014-2020. What does the IOC do with all that cash? According to the IOC’s Olympic Marketing Fact File: The IOC distributes over 90% of Olympic marketing revenue […]