3. Suppose the TLC Network agreed to pay Kendrick Lamar a contract totaling $350 million over 10 years. If this...
3. Suppose the TLC Network agreed to pay Kendrick Lamar a contract totaling $350 million over 10 years. If this total salary were to be covered by pay per view episode subscriptions only, how many more subscriptions per season would the TLC Network have to sell to cover Kendrick's salary in the 20 episodes per year, if the cost per episode price is $2?
please answer it by typing
Homework Answers
Revenues=Cost
Price of Single Episode*Number of Episodes*Number of Years*Number of Subscriptions=$350 million
2*20*10*Number of Subscription=$350 million
Number of Subscriptions=.875 Million or 875000
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