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'Liberty Media lost $40m with NBC-N switch'
Liberty Media lost out on a $40million deal to continue broadcasting Formula 1 in the United States over its insistence to introduce F1 TV Pro to North American fans. Autoweek reports that not only did Liberty skip on a huge agreement with NBC, but the subsequent launch of the streaming service has only landed an estimated $1million. F1 has been aired on N in the United States this year, with coverage pulled in from Sky Sports in the UK. The switch has angered fans Stateside, with NBC having previously put together its own broadcasts from grands prix. Not only have fans been upset by Liberty's decision for this season, but the bank balance has also been hit as NBC had reportedly previously...
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6y ago from GPFans.com
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