NBCUniversal Poised for $1.25 Billion Ad Revenue Hit as Pandemic Postpones 2020 Olympics

The Summer Olympics scheduled to begin this July in Tokyo have been postponed due to the coronavirus pandemic. While no future date has been set, they won't be held until sometime in 2021.

The decision comes after both Canada and Australia announced they would not be sending any athletes to the games this summer as countries have imposed restrictions on travel. India just issued a national lockdown order.

Image source: International Olympic Committee.

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Source Fool.com