NEW YORK (TheStreet) -- Rumors have recently surfaced that Google (GOOG) is interested in the National Football League's Sunday Ticket package. The move could be huge, TheStreet's Chris Ciaccia tells Brittany Umar.
DIRECTV (DTV) currently pays $1 billion each year for the broadcasting rights to the package, which runs through the 2014 season.
Google, which notoriously offers most of its services free, would certainly have to charge customers for a feature such as this.
Ciaccia said he would expect the company to stream the service on its YouTube platform and charge around $9.99 a month.He added that he could see Google paying $2 billion or $3 billion for this service, likely far outbidding all other contenders. Well, except one. Apple (AAPL) has far more cash than Google, with $146 billion on its balance sheet. Ciaccia went on to say that this could be a home run for Apple and would definitely bolster an iTV product from the tech giant. Essentially if CEO Tim Cook wanted it, he could probably get it. Either way, no matter who walks away with the future rights to the NFL's Sunday Ticket package, it will be an enormous win for them, Ciaccia concluded. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV