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Sports are becoming expensive for TV networks

The cost of distribution rights for every major televised sport in the United States is more than the ad revenue TV channels get from airing those sports, according to Magna's latest Media Sports Report.

Why it matters: We are quickly approaching a tipping point in which traditional TV providers will no longer be able to justify the cost of carrying sports.

Data: MAGNA U.S. Sports Report, Sept. 2017; Chart: Lazaro Gamio / Axios