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NBC's Olympic profit: $90 million - Broadcasting & Cable

NBC's Olympic profit: $90 million

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NBC racked even more Olympic gold than it anticipated.

By the week leading up to the start of the Winter Olympic Games, the network
had sold $720 million in advertising, and it was sold out.

But with big ratings, NBC had a bunch of extra time reserved for make-goods
that it was free to sell, so it did, for another $20 million. That brought total
sales to $740 million.

All of that extra money fell to the bottom line, NBC president Andrew Lack
said. That will push the network's operating profit on the games to the $90
million range.

The average nightly rating through the 17 nights of coverage was a 19.2 with
a 31 share of audience, according to Nielsen Media Research, up 18 percent over
the 16.3/26 CBS generated for the Nagano, Japan, Winter Games four years
ago.

'These Games surpassed my wildest expectations,' NBC Sports chairman Dick
Ebersol said.

Added NBC Television president Randy Falco: 'It's like eight Super Bowls.
People are talking about the Olympics now more than ever
before.'

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