How CV bets on sports to attract viewers and advertisers


Over the summer, CV network managers compiled the early-season of the Faculty Football Schedule. According to the SUBLICTENSING agreement with ESPN, CV AIRS 13 Atlantic Coast Conference Football Games every year, but the network often emits games that espn would not prefer not to broadcast. This week, however, espn is probably envious.

On Saturday, CV will call the match between no. 5 Miami and no. 18 South Florida, the first time that the network will broadcast the game between two ranked teams. When CV managers requested the game before the beginning of the season, they did not anticipate that it would be national relevant. After all, South Florida was hard for the first two opponents. The bulls are then upset then-no. 25 boise state and then-no. 13 Florida and entered an associated press survey for the first time since 2017. years. Meanwhile, Miami, meanwhile, defeated Then-No. 6 Notre Ladies in the opening of the season and moved five spots in the survey.

“Sometimes you’re lucky,” President Cv Brad Schwartz said. “We must have done that.”

However, good happiness of CV is part of the strategy started in 2022. year when Nekstar Media Group, Inc., the largest owner of local television channels in the United States, acquired 75% of the share in the CV. At that time, CV focused on fun programming, primarily for young adults. But Nekstar wanted to go in a different direction.

“They know what their cells want and what does locally,” Schwartz, who became the President of the Network in November 2022. year, he said in the interview. “We have hundreds of local television stations in local markets, doing local news, doing local traffic, and a product that still brings the largest audience together is sports … sports is a thing that can bring local in the community locally in the community.”

Network signed His first sports agreement in 2023. year, two-year contract with Liv Golf. The sovereign fund for the wealth of Saudi Arabia was launched by Liv in 2022. years as a competitor on the PGA tour.

The first two days of life on the CV attracted The audience of less than 300,000 spectators, significantly below the PGA tour event that weekend, and evaluations never made a recess compared to PGA tour. CV no longer broadcasts life events, as Fox Sport at the beginning of this year signed Agreement from the Upstart League. But CV remains dedicated to sports sports more than ever.

This year of air, more than 500 hours of sports programming, which makes up more than 40% of the total number of programming, according to Schwartz. CV is the fifth largest broadcast network and an Osman network as a whole, which is General Manager Nekstar Perry Perry said On the second quarter of earning the call for earnings last month “is a direct result of our success strategy, including the introduction of sports.”

Nekstar in August discovered If the events of the application of CV increased five consecutive quarters. CV does not convert profit, but Nekstar said it expects that CV will be profitable next year.

CV has hit its licensing agreement on ESPN 2023. years. It contains 50 games each year through 2026-27 school year, including 13 football matches, 28 men of basketball games and nine women’s basketball games. This year, this year has also expanded the broadcast partnership with PAC-12 conference through the 2030-31 season. Ten 12 School League started last August, but the conference plans for the expansion of nine teams starting next school year. CV will call 13 regular season of football games PAC-12, 35 regular seasons of male basketball games and 15 regular seasonal women’s basketball games, as well as semifinals and championships and championships.

During Conference Goldman Sachs on Monday, Sook said that the company communicates with ACC and PAC-12 on adding more female basketball games this year.

In addition to the sports in the faculty, CV has the rights with smaller professional leagues, including professional bowling associations, professional riders, beach volleyball, and series on Nascar Xfinity, second level series Cup Cup Nascar. The CV started broadcasting VVE NKST last year, VVE Development League, as part of a five-year agreement.

Of course, the portfolio of sports rights of CV pale compared to the ESPN. NBC, CBS and fox. However, Sook said in Conference Goldman Sachs that he took over fox several years before he hit a contract with the National Football League to the air games starting in 1994. years.

“We are not in a position to exceed any established entity at this point,” Sook said. He added that “we will be happy to talk to anything that would like to build people today, but they wanted to build a brand and they realized how capable they were and how much they were, and how much it is and how particularly it is.”

Schwartz, however, admitted that the CV faces a challenging group of competitors who do not only include traditional shows and cable networks, but also deep technological companies such as Netflix and Amazon. In addition, the rights for most major professional leagues and faculty conferences were locked at least a few years.

“The business of sports rights is not for the weakness of the heart,” Schwartz said. “It’s hard. Everything in our industry is hard. We do our best to continue to grow.”

On Saturday, CV could reach one of the largest sports audiences with Miami-south Florida match, although the network rating is much smaller than their rivals broadcast networks. A horrible announcement, a website covering the sports media industry, export On Tuesday, the highest sports audience was 1.8 million viewers for the Nascar Xfinity series race, while her college football record is 1.33 million for Northern Alabama-Florida State game two years ago.

“We are only in the first morning,” Schwartz said. We have just started (sports strategy) 24 months ago … We are still in the early days of this, but (a match on Saturday) is the peak of everything we build up for the past two years we will go out of here. I don’t want him to light. It is a very large, very exciting weekend for CV. “



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *