CBS Corporation -- Moody's says Comcast A3 and CBS's Baa2 credit ratings will not be impacted by the recent deal with the NFL, but should support viewer ratings

New York, February 02, 2016 -- Moody's Investors Service said that Comcast Corporation's ("Comcast") A3 senior unsecured rating and stable outlook and CBS Corporation's ("CBS") Baa2 senior unsecured rating and stable outlook will not be impacted by their recently announced deal with the National Football League ("NFL") to broadcast Thursday Night Football in 2016 and 2017. Under the new agreement, CBS'sCBS broadcast network and Comcast'sNBC broadcast network will each broadcast five Thursday Night NFL games in 2016 and 2017, while all the games will continue to be simulcast on the NFL network. CBS and NBC networks will bear production costs for games aired on their respective networks and both will also contribute to productions costs for games aired exclusively on the NFL network.

Vollständigen Artikel bei Moodys lesen