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Twitter (TWTR) Said to Offer Less than Rivals in NFL Broadcast Bid

April 5, 2016 10:25 AM

Twitter (NYSE: TWTR) was said to pay under $10 million for 10 NFL games, according to Re/code, while rival bids were said to come in above $15 million.

Twitter's 10 games will also be broadcast on CBS and NBC. Twitter will be rebroadcasting the CBS and NBC feeds of the games, and will have the rights to sell a small portion of the ads associated with each game, according to the report.

Shares of Twitter are up 0.4 percent.

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