Fox set to win UEFA European Championships
Best wishes to Dick Vitale, who announced today that “for the second time in a few months I have been diagnosed with some form of cancer”.
Fox Sports is set to take the rights to the UEFA European Championship from ESPN, according to multiple sources. Nothing has been officially signed yet, but sources expect a U.S. rights deal to be announced within the next two weeks. ESPN has held these rights since 2008 and made the Euro a gem. The terms of the deal are still being negotiated, but sources say Fox will have the rights until 2028, which would include Euro 2024 and Euro 2028, in addition to the UEFA Nations League and playoffs. Europeans.
The price Fox pays for the package is not known. ESPN paid around $ 115 million for the package which only included Euro 2020. UEFA is reportedly looking for around $ 300 million to cover the next two iterations of the event.
The deal marks a big win for Fox, as the euros match the media company’s football strategy, which is more focused on big events with national teams rather than individual clubs. Fox has an enviable schedule over the next four years, which includes the FIFA World Cup next year, the Women’s World Cup in 2023, Euro 2024, and the Concacaf Gold Cup in 2025. It also owns the rights to the South American Copa America.
CBS, ESPN, and NBC have been involved in the negotiations at one point or another. These media companies have been active in reclaiming football rights, as part of a strategy each to strengthen the direct-to-consumer component for their respective streaming services: Paramount +, ESPN + and Peacock.
CBS, ESPN and Fox are expected to join NBC in submitting formal offers for U.S. Premier League media rights next month, according to multiple sources. NBC’s current deal ends in May. The league has asked interested companies to submit offers by November 8. The Premier League has said it will consider deals that split rights between two media companies, a big change from how it previously marketed its US rights, which to date has only been owned by one. single network.
There are still opportunities for a company to reclaim the rights. But other properties, like the NHL recently, have chosen to split packages between two or more networks to take advantage of the help of big media companies to promote their sport.
Considering the posture of all the networks, it’s impossible to predict with precision how much the league has to gain from a new deal. NBC is currently paying over $ 150 million per season under a six-year deal signed in 2015. Given the amount of interest, those fees are likely to double – and possibly increase. NBC Sports wants to remain the sole US rights holder for the Premier League, which has been a big driver of its Peacock streaming service.
Asked about the Premier League at the CAA World Sports Congress last week, ESPN’s Jimmy Pitaro said: “We love football. We like it on the shelf, but we probably like it even more for direct to consumer. Absolutely, we are interested in more football content and we are reviewing it right now. ”
The Premier League frenzy has affected MLS, which are also in the market looking for new media deals. Sources said media companies have told MLS executives they want to wait until the Premier League bidding process is complete before they begin serious negotiations over domestic league rights.
Sinclair and Dish Network quietly agreed to a short one-week extension last week until October 21. broadcast channels and RSN. Sinclair and Dish could agree to further extensions, but those would likely last a week as well.
Complicating matters is the ransomware attack that has crippled Sinclair’s systems since Saturday. Insiders have told me that employees are still not accessing the system – including emails – this afternoon. The ransomware attack caused negotiations to slow down, which have already been significantly different from normal due to COVID.
Last week, NBA Commissioner Adam Silver described the wire harness as broken during the CAA World Sports Congress. Today, in an early-season press call, Silver responded to a question about Altitude’s distribution issues in Denver by laying out this theme, adding that “bringing this solution to market is currently leading the way. of our priorities. . ”
Silver: “I wish I had a better answer than there was a short term solution. In some ways Denver has been the canary of the mine because now you see this problem popping up in other markets across the country. Maybe not in such an extreme way, but you have other teams that continue to be distributed through traditional means, but a lot of their fans are not able to get the matches.
- Interestingly, Sunday’s Cowboys-Patriots National Window Game on CBS only happened due to the extended NFL season this year. Cowboys-Pats, shaping up to be one of the most watched games on the NFL calendar, was one of 16 games added to this season’s schedule. This season’s schedule pits NFC East against AFC West and AFC East faces NFC South. To create these new games, teams face off against a non-conference enemy from a division they didn’t play last year or shouldn’t play next year. Kudos to the NFL and CBS for creating such an entertaining game.
- Disney is rolling out new creations in tonight’s third “Monday Night Football” game commercial targeting sports fans to purchase the Disney (Hulu / Disney + / ESPN +) bundle, notes SBJ’s Austin Karp. The spot, dubbed “More To Be A Fan Of”, compares the great moments in sport to the great moments of other types of entertainment that can be found on the bundle.
- While the LDS round audience was down 9% from 2019, the overall MLB playoffs are still up 3% from two years ago, Karp notes. Big winnings from the Wild Card round help increase the numbers. Looking at last fall’s competitions, the MLB playoffs are up 89% (LDS + Wild Card rounds).
- An agreement announced today will see the continued transport of ViacomCBS’s network portfolio for Optimum and Suddenlink customers of Altice USA. The agreement also provides Altice USA with the rights to ViacomCBS’s suite of streaming services, including Paramount +, Showtime OTT, Pluto TV, BET + and Noggin.
- While athletes have long sought opportunities in pop culture, never before have they had such a direct ability to create and own their involvement, writes my colleague Chris Smith. Despite CP3TV’s first flop, Chris Paul never gave up on the storytelling bug, and in 2017 he founded Ohh Dip !!! Productions. Paul has since used this vehicle to explore aspects of his own career and personal life, as well as topics ranging from sports at HBCU to the aftermarket of sneakers. Ohh Dip’s credits !!! include this year’s HBO doc “The Day Sports Stood Still” and the upcoming feature “American Sole,” which stars Pete Davidson, among other projects.
- On Friday night, WWE’s “SmackDown” and All Elite Wrestling’s “Rampage” faced off for the first time for a brief period, and each company “did their best,” writes Bleacher Report. “SmackDown” aired an additional half an hour of commercial-free action on FS1 in order to face off against “Rampage,” which had its own pre-show airing during the final part of “SmackDown”. Everything was “done by design to hurt the other product, but WWE does some of their hardest work when his back is against the wall.”