NBC is set to pay over $60 million yearly for the Macy's Thanksgiving Day Parade broadcast rights, up from $20 million.

NBC is negotiating to pay over $60 million annually for the broadcast rights of the Macy's Thanksgiving Day Parade, a significant increase from the current $20 million contract. This hike reflects the value of live programming as audiences move towards streaming services. Last year, the parade drew nearly 30 million viewers, highlighting the enduring appeal of the 100-year-old event.

November 25, 2024
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