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NBC May Break Even on Olympics

Published on January 23, 2006
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General Electric's Chairman-CEO Jeff Immelt said NBC would bring in between $650 million and $750 million in revenue and just break even on the Torino games, MediaPost reports. NBC's plan was to bring in $900 million in ad revenue for Torino - a 22 percent increase over Salt Lake City in 2002. Now, even if NBC approaches the high end of Immelt's projections, it may struggle to break even, with rights fees reported at $614 million and production costs estimated at well over $100 million.