Tuesday, November 25, 2014

Article 6: Sport and Mass Media


In our October 23rd and October 28th classes we discussed the effects on the sport industry and the mass media. As we stated in our notes, sport and the media are closely related on one another. They are two of the most successful businesses in the United States that bring in about $1 trillion and $350 Billion respectively. In an article I found on Sports Business Journal that discuss these two industries and how it will generate revenue for teams. In today’s age, you see teams such as the University of Texas Longhorns create a channel that is 100% dedicated to the Texas Longhorns athletics called the Longhorn Network. In our class lecture, we learned that the sport popularity is of a result of the media coverage that is shown. Many of the media today is through social media which is a group of internet applications that allow the creation and exchange of user generated content. It allows news to reach more accessible fans more quickly. In our notes, it says that social media is used by 96% of the Sport Business for marking which is also called mobile marketing. In other words, social media is just another avenue to get the word out in front of a large number of people at one time. The newer channels such as Fox Sports 1 and CBS Sports Network allows for viewership to rise as it acquires the television rights to the particular sporting event. While television companies show sporting events on there network, there goal is to also help promote other shows that are on after the sporting event is over. It tries to promote not only the sporting event but other shows for viewership as well.
Chart Below Displaying Media Rights
MEDIA RIGHTS: WHAT’S AVAILABLE NEXT?
PROPERTY
NETWORK(S)
FINAL SEASON
The Masters
CBS, ESPN
Year-to-year
NFL Thursday Night Football
CBS
2014
EPL
NBC
2015
Preakness/Belmont
NBC
2015
Conference USA football championship
ESPN
2015
Formula One
NBC
2016
Big Ten football championship
Fox
2016
Conference USA
CBS Sports Network, Fox
2016
Big Ten
CBS, ESPN
2017
British Open
ESPN
2017
UEFA
Fox
2017-18
American Athletic Conference
CBS, ESPN
2019
UFC
Fox
2019
PGA of America
Turner
2019

Chart Below Displaying Media Rights by Years
MEDIA RIGHTS DEALS LOCKED IN FOR YEARS
PROPERTY
NETWORK(S)
TERMS
FINAL SEASON
Mountain West Conference*
CBS Sports Network, ESPN
$116 million/7 years**
2019-20
NHL
NBC
$2 billion/10 years
2020-21
PGA Tour
CBS, NBC
N/A/9 years
2020-21
NFL
ESPN
$15.2 billion/8 years
2021
MLB
ESPN
$5.6 billion/8 years
2021
MLB
Fox
$4.2 billion/8 years
2021
MLB
Turner
$2.6 billion/8 years
2021
Australian Open
ESPN
N/A/10 years
2021
NFL
DirecTV
$12 billion/8 years
2022
NFL
Fox
$9.9 billion/9 years
2022
NFL
CBS
$9 billion/9 years
2022
NFL
NBC
$8.55 billion/9 years
2022
Pac-12**
ESPN/ABC, Fox/FSN/FX
$3 billion/12 years**
2022-23
MLS**
ESPN, Fox
$600 million/8 years***
2022
FIFA World Cup***
Fox
$450 million-$500 million/8 years
2022
FIFA World Cup***
Telemundo
$600 million/8 years
2022
MLS
Univision
$120 million/8 years
2022
WNBA
ESPN
$72 million/6 years
2022
Wimbledon
ESPN
$480 million/12 years
2023
NASCAR***
NBC
$4.4 billion/10 years
2024
NASCAR***
Fox
$3.8 billion/10 years
2024
NCAA Men’s Div. I basketball tourn.
CBS, Turner
$10.8 billion/14 years**
2024
SEC
CBS
$825 million/15 years
2023-24
French Open
NBC
N/A/12 years
2024
NBA***
ESPN
$12.6 billion/9 years
2024-25
NBA***
Turner
$10.8 billion/9 years
2024-25
College Football Playoff^
ESPN
$7.3 billion/12 years
2025
Big 12
Fox/FSN/FX
$1.2 billion/13 years
2024-25
Big 12
ESPN/ABC
$1.3 billion/13 years
2024-25
U.S. Open (Tennis)
ESPN
$825 million/11 years
2025
Big East Conference
Fox
$500 million/12 years
2024-25
Notre Dame
NBC
N/A/10 years
2025
U.S. Open (Golf)***
Fox
$1.12 billion/12 years
2026
ACC
ESPN
$4.2 billion/15 years
2026-27
Big Ten Conference
Big Ten Network
$2.8 billion/25 years
2031-32
Olympics (U.S. rights)
NBC
$7.65 billion/12 years
2032
SEC
ESPN/ABC
$6 billion/20 years
2033-34

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