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An NFL work stoppage next year is “a strong possibility,” but the major TV networks with NFL program rights, and the entertainment companies that own them, won’t hurt financially if next season doesn’t take place, Barclays Capital analyst Anthony DiClemente said in a report Thursday.
“While a locked-out season may be a major disappointment to fans everywhere, we believe media shareholders need not share in the disappointment,” he said, arguing that networks bear few financial risks in case of a player lockout.
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