💨 Abstract

The International Olympic Committee (IOC) and NBCUniversal have agreed to a $3 billion extension of their media rights deal for the U.S. until 2036. This includes broadcasting rights for the 2034 Winter Games in Salt Lake City, Utah, and the 2036 Summer Games, yet to be determined. This deal is significant for the IOC's long-term financial stability as NBC is its biggest single source of revenue.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖