Starting in 2017, ESPN and Turner are paying the National Basketball Association $24 billion over nine years

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Starting in 2017, ESPN and Turner are paying the National Basketball Association $24 billion over nine years for the rights to broadcast games. That’s a 160% increase over the previous contract. What effect would you expect this deal to have on advertising rates and the number of commercials, and why?

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Microeconomics

ISBN: 978-0134519531

8th edition

Authors: Jeffrey M. Perloff

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