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TV Companies Worldwide Hit by Sports Shutdown

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hollywoodreporter.com

With the new coronavirus, the business of sports is a whole new ballgame. From Major League Baseball to the NBA and the Tokyo Summer Olympics, professional sporting events worldwide have been delayed, postponed or canceled outright amid the global pandemic, raising questions about the financial damage the outbreak will wreak on networks dependent on live coverage of tremendously fit folk running, throwing, kicking and catching all manner of round objects.

In Europe, all professional soccer leagues have been put on hold, mid-season, as has the lucrative pan-European Champions League.

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