Financial Times FT.com

Sport adds pace in new media battle

By Joshua Chaffin in New York and Andrew Edgecliffe-Johnson in London

Published: November 20 2007 02:00 | Last updated: November 20 2007 02:00

Sports programming is becoming increasingly valuable to television networks and advertisers worldwide as they search for ways to counter the growing threat posed by devices that allow viewers to skip commercials.

The enthusiasm for sports has helped CBS, the US media company, post double-digit increases this year for advertising revenues tied to its broadcast of the National Football League, according to network executives.

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