NBC Secures U.S. Olympic Broadcast Rights Through 2036 in $3 Billion Deal
The agreement extends NBC's long-standing partnership with the IOC, adding new strategic initiatives and digital advancements.
- The $3 billion extension grants NBC exclusive U.S. media rights for the 2034 Winter OlympicsSalt Lake City and the 2036 Summer Olympics, with the host city yet to be determined.
- The deal elevates Comcast NBCUniversal from a media rights holder to a strategic partner, incorporating collaborations on technology infrastructure and digital advertising.
- NBC's 2024 Paris Olympics coverage set records with 23.5 billion streaming minutes on Peacock and $1.2 billion in advertising revenue, reflecting the growing importance of live events for media platforms.
- The IOC emphasized that the agreement secures long-term financial stability for the Olympic Movement, with 90% of generated revenue supporting athletes and sports organizations worldwide.
- This partnership builds on NBC's decades-long history as the U.S. home for the Olympics, with plans to enhance viewer experiences across linear, streaming, and digital platforms.