NBC is insured if the Olympics are canceled
“The Olympics are obviously on everybody’s mind. What I know is it’s full steam ahead,” Roberts said at the Morgan Stanley Technology, Media & Telecom conference on Tuesday. “Should there be some disruption, as others have said, we anticipate these kind of things.”
Roberts added that the company also has “insurance for any of the expenses we make.”
“So there should be no losses should there not be an Olympics,” Roberts said, highlighting that in that case, NBC wouldn’t make a profit from the games this year. “But, again, we’re optimistic Olympics are going to happen.”
Roberts then said that he’s “looking forward to being there.”
“I think it’s responsible to be thinking about the elephant in the room, there’s no question about it,” Pound said. “It’s alarmist to say the sky is falling and we should bail out of Tokyo. I think you need an informed decision.”