NBA
The NBA is targeting up to $1 billion in revenue per year from game streaming
The NBA is the highest league on the planet, which is confirmed by the prediction that instead of $ 1 billion there will be a sale of the rights to live streaming the games.
The NBA does not stop evolving, growing and confirming at every opportunity that it is the leading league in the world in all sports. And it’s not just about racing, but – much more – the financial implications of every agreement he signs, every negotiation he conducts.
In the end, his main concern is selling the rights to stream the games. With the discussion of the next package already underway (it’s already hot), expert analysts estimate that the NBA is ready to sell streaming of their games for an amount of $1 billion.
That’s just a small sampling and the beginning of what’s to come from the NBA, which is targeting total television rights revenues of between $50 billion and $75 billion in its next signed long-term contract in 2025-26 and beyond.
We’re talking triple the current (nine-year run) sold to Disney (ACB/ESPN) and Warner Bros. for $24 billion.
With interest growing and streaming becoming a more dynamic part of the consumer public’s everyday lives, Amazon and Apple are already being named as the two main competitors for the package. The reason is obvious.
Source: sport 24
I’m a sports enthusiast and journalist who has worked in the news industry for over 8 years. I currently work as an author at Sportish and my work focuses mainly on sports news.