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Fox Didn’t Overpay For NFL Thursday Night Rights, Says CEO Peter Rice

Fox Networks CEO Peter Rice said that the $3.3 billion the network paid for NFL Thursday night games over the next five years doesn’t represent an overpayment. Speaking at the Code Media conference, Rice responded to a question on whether paying 30 percent more per game for the rights in the face of the NFL’s declining ratings was a smart move.  "Any time you go to an auction, somebody wins, and everybody who loses says that the winner overpaid," Rice said.
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