Interesting and Insightful

1
Comment
Favorite

SP Sharma
2022-06-16

Interesting and Insightful

Soccer, Cricket Streaming Deals Bode Well for Sports Assets -- Market Insight

Commentary by Adrià Calatayud Separate deals for the rights to stream the U.S. Major League

Soccer, Cricket Streaming Deals Bode Well for Sports Assets -- Market Insight

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9054106341,"tweetId":"9054106341","gmtCreate":1655348718683,"gmtModify":1676535620245,"author":{"id":4098160558341800,"idStr":"4098160558341800","authorId":4098160558341800,"authorIdStr":"4098160558341800","name":"SP Sharma","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Interesting and Insightful</p></body></html>","htmlText":"<html><head></head><body><p>Interesting and Insightful</p></body></html>","text":"Interesting and Insightful","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9054106341","repostId":2243491159,"repostType":2,"repost":{"id":"2243491159","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1655304900,"share":"https://ttm.financial/m/news/2243491159?lang=en_US&edition=fundamental","pubTime":"2022-06-15 22:55","market":"us","language":"en","title":"Soccer, Cricket Streaming Deals Bode Well for Sports Assets -- Market Insight","url":"https://stock-news.laohu8.com/highlight/detail?id=2243491159","media":"Dow Jones","summary":"Commentary by Adrià Calatayud \n\n\n \n\n\n  Separate deals for the rights to stream the U.S. Major League","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Commentary by Adrià Calatayud \n</p>\n<pre>\n \n</pre>\n<p>\n  Separate deals for the rights to stream the U.S. Major League Soccer and cricket's Indian Premier League are a strong signal that sports are prized weapons in the streaming wars. The scramble for sports programming to attract streaming subscribers is likely to boost global listed sports assets, while potentially increasing costs for streaming services in future auctions. \n</p>\n<p>\n  Soccer clubs Manchester United Ltd., Juventus Football Club SpA, Borussia Dortmund GmbH, <a href=\"https://laohu8.com/S/AFCJF\">AFC Ajax NV</a> and <a href=\"https://laohu8.com/S/OQLGF\">Olympique Lyonnais Groupe</a> are all publicly listed, though the extent to which each individual club benefits from higher streaming fees will depend on the distribution set by the leagues. <a href=\"https://laohu8.com/S/LSXMR\">Liberty Media Corp</a>. has separate tracking stocks for its interests in Formula One Group and the Atlanta Braves Major League Baseball Club. Private-equity firms including Bridgepoint Group <a href=\"https://laohu8.com/S/PLC\">PLC</a> has sports investments as well. \n</p>\n<p>\n  Meanwhile, streaming services, broadcasters and telecommunications groups could face an inflationary spiral to acquire or retain rights to air sporting events. Walt Disney Co. lost streaming rights to IPL cricket for the 2023-2027 period to rival Viacom18, a joint venture between <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> and Reliance Industries Ltd. Disney's Star India television network will pay the equivalent of $3 billion to retain the TV rights, more than it paid for the combined broadcast and streaming package in the last auction in 2017, but was outbid by Viacom18 for the digital rights The auction generated $6.2 billion in total for the league's organizers, three times the amount reached in 2017. \n</p>\n<p>\n  Higher prices raise the bar for bidders to generate returns on their investment. BT Group PLC last month said its deal with <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> Inc. to form a sports JV in the U.K. and Ireland was partly aimed at reducing its exposure to rights costs. \n</p>\n<pre>\n \n</pre>\n<p>\n  Market Insights are commentary that is independent of the news coverage by reporters at The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adrià Calatayud at adria.calatayud@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 15, 2022 10:55 ET (14:55 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Soccer, Cricket Streaming Deals Bode Well for Sports Assets -- Market Insight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoccer, Cricket Streaming Deals Bode Well for Sports Assets -- Market Insight\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-15 22:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Commentary by Adrià Calatayud \n</p>\n<pre>\n \n</pre>\n<p>\n  Separate deals for the rights to stream the U.S. Major League Soccer and cricket's Indian Premier League are a strong signal that sports are prized weapons in the streaming wars. The scramble for sports programming to attract streaming subscribers is likely to boost global listed sports assets, while potentially increasing costs for streaming services in future auctions. \n</p>\n<p>\n  Soccer clubs Manchester United Ltd., Juventus Football Club SpA, Borussia Dortmund GmbH, <a href=\"https://laohu8.com/S/AFCJF\">AFC Ajax NV</a> and <a href=\"https://laohu8.com/S/OQLGF\">Olympique Lyonnais Groupe</a> are all publicly listed, though the extent to which each individual club benefits from higher streaming fees will depend on the distribution set by the leagues. <a href=\"https://laohu8.com/S/LSXMR\">Liberty Media Corp</a>. has separate tracking stocks for its interests in Formula One Group and the Atlanta Braves Major League Baseball Club. Private-equity firms including Bridgepoint Group <a href=\"https://laohu8.com/S/PLC\">PLC</a> has sports investments as well. \n</p>\n<p>\n  Meanwhile, streaming services, broadcasters and telecommunications groups could face an inflationary spiral to acquire or retain rights to air sporting events. Walt Disney Co. lost streaming rights to IPL cricket for the 2023-2027 period to rival Viacom18, a joint venture between <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> and Reliance Industries Ltd. Disney's Star India television network will pay the equivalent of $3 billion to retain the TV rights, more than it paid for the combined broadcast and streaming package in the last auction in 2017, but was outbid by Viacom18 for the digital rights The auction generated $6.2 billion in total for the league's organizers, three times the amount reached in 2017. \n</p>\n<p>\n  Higher prices raise the bar for bidders to generate returns on their investment. BT Group PLC last month said its deal with <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> Inc. to form a sports JV in the U.K. and Ireland was partly aimed at reducing its exposure to rights costs. \n</p>\n<pre>\n \n</pre>\n<p>\n  Market Insights are commentary that is independent of the news coverage by reporters at The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adrià Calatayud at adria.calatayud@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 15, 2022 10:55 ET (14:55 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4100":"有线和卫星","BK4561":"索罗斯持仓","BK4524":"宅经济概念","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4125":"广播","PARA":"Paramount Global","BK4534":"瑞士信贷持仓","LSXMA":"Liberty Media Corporation Series A","PARAA":"Paramount Global","FWONA":"Liberty Media Corporation Series A","MANU":"曼联","BK4559":"巴菲特持仓","WBD":"WARNER BROS DISCOVERY INC","BATRA":"Atlanta Braves-A","BK4550":"红杉资本持仓","BK4108":"电影和娱乐","BK4507":"流媒体概念","DIS":"迪士尼"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243491159","content_text":"Commentary by Adrià Calatayud \n\n\n \n\n\n  Separate deals for the rights to stream the U.S. Major League Soccer and cricket's Indian Premier League are a strong signal that sports are prized weapons in the streaming wars. The scramble for sports programming to attract streaming subscribers is likely to boost global listed sports assets, while potentially increasing costs for streaming services in future auctions. \n\n\n  Soccer clubs Manchester United Ltd., Juventus Football Club SpA, Borussia Dortmund GmbH, AFC Ajax NV and Olympique Lyonnais Groupe are all publicly listed, though the extent to which each individual club benefits from higher streaming fees will depend on the distribution set by the leagues. Liberty Media Corp. has separate tracking stocks for its interests in Formula One Group and the Atlanta Braves Major League Baseball Club. Private-equity firms including Bridgepoint Group PLC has sports investments as well. \n\n\n  Meanwhile, streaming services, broadcasters and telecommunications groups could face an inflationary spiral to acquire or retain rights to air sporting events. Walt Disney Co. lost streaming rights to IPL cricket for the 2023-2027 period to rival Viacom18, a joint venture between Paramount Global and Reliance Industries Ltd. Disney's Star India television network will pay the equivalent of $3 billion to retain the TV rights, more than it paid for the combined broadcast and streaming package in the last auction in 2017, but was outbid by Viacom18 for the digital rights The auction generated $6.2 billion in total for the league's organizers, three times the amount reached in 2017. \n\n\n  Higher prices raise the bar for bidders to generate returns on their investment. BT Group PLC last month said its deal with Warner Bros. Discovery Inc. to form a sports JV in the U.K. and Ireland was partly aimed at reducing its exposure to rights costs. \n\n\n \n\n\n  Market Insights are commentary that is independent of the news coverage by reporters at The Wall Street Journal. \n\n\n \n\n\n  Write to Adrià Calatayud at adria.calatayud@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 15, 2022 10:55 ET (14:55 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"PARA":0.9,"END":1,"PARAA":0.9,"WBD":0.9,"MANU":0.9,"BATRA":0.9,"LSXMA":0.9,"DIS":0.9,"FWONA":0.9}},"isVote":1,"tweetType":1,"viewCount":2291,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":24,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}