NFL Wins Legal Battle: Judge Dismisses $4.7B Verdict From 'Runaway' Jury Over Sunday Ticket Pricing
Portfolio Pulse from Aaron Bry
A judge in California overturned a $4.7 billion verdict against the NFL in a lawsuit alleging overcharging for 'NFL Sunday Ticket.' The judge ruled that the plaintiffs failed to provide sufficient evidence. DirecTV, owned by AT&T, was not on trial. This year, Sunday Ticket is available on Alphabet's YouTube TV.
August 02, 2024 | 5:35 pm
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POSITIVE IMPACT
Alphabet's YouTube TV now offers NFL Sunday Ticket, previously exclusive to DirecTV. This could attract more subscribers to YouTube TV, potentially boosting Alphabet's revenue.
The availability of NFL Sunday Ticket on YouTube TV could attract more subscribers, positively impacting Alphabet's revenue.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Alphabet's YouTube TV now offers NFL Sunday Ticket, previously exclusive to DirecTV. This could attract more subscribers to YouTube TV, potentially boosting Alphabet's revenue.
The availability of NFL Sunday Ticket on YouTube TV could attract more subscribers, positively impacting Alphabet's revenue.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
AT&T's DirecTV was not on trial in the overturned $4.7 billion verdict against the NFL. This could be seen as a positive for AT&T as it avoids potential legal and financial repercussions.
The dismissal of the case means AT&T's DirecTV avoids any direct legal or financial impact, which is positive for the company's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70