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Market Mondays

The NFL Sold 1 Playoff Game For $110 Million To Peacock. Will Streaming Replace Cable?

Market Mondays

EYL Network

Investing, Entrepreneurship, Business

5.04.1K Ratings

🗓️ 24 January 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

In this episode, Rashad, Troy, and Ian dive into the recent $110,000,000 deal between the NFL and Peacock for the Kansas City versus Miami game. They discuss the implications of major sports events moving from traditional cable television to paid streaming services, and the potential impact on revenue models and subscription-based streaming. The conversation delves into the shifting landscape of sports programming and the influence of streaming wars among big companies. The hosts also explore the business aspect of the NFL's decision, emphasizing the league's pursuit of new revenue streams and the strategic alignment with the changing media landscape.


#MarketMondays #NFL #Streaming #MediaLandscape #SportsIndustry #RevenueModels #SubscriptionStreaming #Peacock #CableTV #StreamingWars #BusinessStrategy #NFLBusiness #SportsMedia



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Transcript

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0:00.0

The NFL paid $110 million to Peacock for Kansas City versus Miami game.

0:08.8

And that was for one off, that was a one off game.

0:13.7

So now it's like, okay, well, will companies replace cable for streaming and make revenue on

0:21.9

force sports subscription? Because most. for streaming and make revenue on forced sports

0:22.8

subscription because most sports basketball,

0:27.1

baseball, football, they're all on cable television,

0:30.1

ABC, NBC, Fox, or their satellites like ESP and stuff like that, which most people, the

0:36.7

ABCs and all that is free, and ESPN is part of most people's packages.

0:41.1

Yeah, but a lot of these like NBC owns peacock right so now all these big

0:49.5

companies are having their streaming arms. So, all right, it's a streaming war.

0:55.0

Yeah, so an easy way to try to increase revenue

0:58.0

and get more people signed up for your streaming

1:01.0

is to switch your sports programming from free to paid streaming.

1:07.6

Right?

1:08.6

They already kind of do this with the Thursday night football.

1:12.0

But it's still like, so what if, you know, Monday night football?

1:14.7

What if the Super Bowl was on pay-per-view?

1:16.5

How would that change the landscape as far as revenue models, subscription-based?

1:20.9

So this is something that a lot of people was mad about because they didn't want to pay to watch the game.

1:25.0

We still have to see the numbers I'll be interested to see the numbers and what they looked like.

1:28.0

But is this a way that streaming can take off and what's your thoughts before we bring our esteemed guest

1:36.2

so I see he just checked in the building.

...

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