"Our work in building our digital assets continues to pay off; this is the sixth consecutive quarter in which the Digital Audio Group Adjusted EBITDA is larger than the Multiplatform Group Adjusted EBITDA.”
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The conference will earn more than $8 billion over a seven-year deal with CBS, Fox, and NBC. It will generate $1.1 billion per year. Its previous deal with Fox and ESPN garnered the conference $440 million annually.