Sports Business Journal’s Post

I just read about what could be a potential seismic shift in the sports media landscape. Paramount Global and Warner Bros. Discovery, are reportedly in early talks about a merger. As someone engaged in the sports media space, I find this development both fascinating and a bit uncertain. On one hand, this merger could reshape sports broadcasting, enhancing the viewer experience by potentially combining the vast sports assets of CBS with those of WBD. Imagine the synergies – NFL, NBA, NHL, MLB, PGA Tour, NASCAR, and Big Ten Conference all under one umbrella. It's an exciting prospect. On the other hand, there are many unknowns. The biggest question that comes to my mind is how this merger could influence WBD's NBA deal, which is up for renewal after the 2024-25 season. Could this union provide WBD with the leverage and resources to craft a more competitive or innovative strategy for the NBA's next package? Streaming is already an integral part of both companies' strategies, and the potential of merging Paramount+ and Max services was discussed. This raises another question: How will this impact the streaming landscape, which is increasingly becoming a go-to medium for sports consumption? As we navigate through this evolving space, it's crucial to keep an open mind and a willingness to adapt. The sports media industry is ever-changing, and staying ahead means being ready to embrace new opportunities and tackle the challenges they bring. I'm eager to learn more and understand the implications of this potential merger. How do you think a union between Paramount Global and Warner Bros. Discovery could change the sports media landscape? Any insights or perspectives are welcome as we try to grasp the potential impact of this monumental development. #SportsMedia #Broadcasting #ParamountGlobal #WarnerBrosDiscovery

Sports and sports-related assets are entering a transition period that could see traditional broadcasters lose ground to big tech companies. With broadcast rights for several major U.S. professional sports franchises expiring in the next two years, much is expected to change in various areas of the sports and entertainment industry. Learn more about what this means for both investors and the industry as a whole in the attached article.

Sports and sports-related assets are entering a transition period that could see traditional broadcasters lose ground to big tech companies. With broadcast rights for several major U.S. professional sports franchises expiring in the next two years, much is expected to change in various areas of the sports and entertainment industry. Learn more about what this means for both investors and the industry as a whole in the attached article.

Sports and sports-related assets are entering a transition period that could see traditional broadcasters lose ground to big tech companies. With broadcast rights for several major U.S. professional sports franchises expiring in the next two years, much is expected to change in various areas of the sports and entertainment industry. Learn more about what this means for both investors & the industry as a whole in the attached article.

Sports and sports-related assets are entering a transition period that could see traditional broadcasters lose ground to big tech companies. With broadcast rights for several major U.S. professional sports franchises expiring in the next two years, much is expected to change in various areas of the sports and entertainment industry. Learn more about what this means for both investors and the industry as a whole in the attached article.

Sports and sports-related assets are entering a transition period that could see traditional broadcasters lose ground to big tech companies. With broadcast rights for several major U.S. professional sports franchises expiring in the next two years, much is expected to change in various areas of the sports and entertainment industry. Learn more about what this means for both investors and the industry as a whole in the article below.

Bankrupt Diamond Reaches Short-Term Renewals With Comcast and DirecTV for Bally Sports, Demands 20% Fee Cuts From the NBA and NHL to Keep Going For Another Year: Report The Bally Sports regional sports network empire isn't collapsing ... yet. According to the New York Post, Diamond Sports Group, the bankrupt subsidiary set up by broadcaster Sinclair to manage the Bally channels, has reached tentative one-year pay-TV carriage renewals with Comcast and DirecTV. https://lnkd.in/gmEGJjji

So the news today is that Disney (through its ESPN affiliate) is getting into the sports betting business. ESPN will both report sports news AND own a piece of the betting action. Sounds to me like a recipe for corruption, distortion and disaster. Combined with the move of professional sports teams to Las Vegas, we are seeing the total capitulation of sports events on the playing field....to the pro gamblers in the casinos and luxury suites. https://lnkd.in/g8pNc-Pt

Sports and sports-related assets are entering a transition period that could see traditional broadcasters lose ground to big tech companies. With broadcast rights for several major U.S. professional sports franchises expiring in the next two years, much is expected to change in various areas of the sports and entertainment industry. Learn more about what this means for both investors and the industry as a whole in the attached article.