The sports television industry in the United States is growing quickly.
The number of households subscribing to sports cable packages grew nearly seven percent in the past year to $2.8 billion, according to Sports Business Daily.
Sports networks have been increasing in size, but they have also grown in revenue.
That’s according to the Sports Business Journal.
In 2017, sports networks generated an estimated $1.4 billion in revenue, a number that includes revenue from broadcasting rights fees, licensing fees, advertising, and licensing fees.
That number is expected to increase in 2018 as new networks are added and more sports events are added.
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