Case ID: 704443     Solution ID: 31845

Fox Bids for the NFL 1993 Case Solution

Abstract

The Fox TV station, launched in 1987 by Rupert Murdoch's News Corp. was in a dubious position in 1993. In spite of the fact that it had met its business plan targets, its appraisals in the recently concluded November ranges were unconcerned, a few of its recently launched indicates had fizzled, and passage of two different systems was up and coming. In December 1993, Fox made an absurd offer to buy the TV rights for the National Football League (NFL) amusements and, simultaneously, broke the stranglehold of the significant systems on communicating these diversions. Portrays the occasions encompassing Fox's offered and those of the other three systems. Industry sources evaluated that Fox could lose a few hundred million dollars on the arrangement, though Fox trusted that it had bought the NFL at a markdown.


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