Posted on 09/21/2017 4:13:31 PM PDT by Hojczyk
If NFL fans continue to turn away from football, the TV networks could lose as much as $200 million in earnings, according to a new report.
After ratings for Week Two crashed, adding to the angst already felt by a poor showing in Week 1, industry insiders and analysts are sounding the alarm.
A new report claims that CBS, ESPN, Fox and NBC could take a $200 million hit to their estimated $2.5 billion in NFL advertising earnings if fans continue to turn off the TV, the The Hollywood Reporter noted recently.
The worries over earnings are not allayed by the fact that this season’s Week Two is the lowest mark for CBS since 1998. And the first two games of the season are down double-digits at a multi-year low compared to last year.
Guggenheim Securities analyst Michael Morris told THR that he had hoped the 2017 season would be better than last year, but admitted that “early results do not support this optimism.”
“Since the NFL season opened Sept. 7, shares of NBC parent Comcast are off 9 percent, ESPN parent Disney has seen its stock drop 3 percent and shares of CBS are down 5 percent,” THR wrote. “Only shares of 21st Century Fox have risen in that time frame, up 2 percent.”
Not only do analysts see a fall in ad revenue, but this decline may also result in falling stock prices for the networks.
(Excerpt) Read more at breitbart.com ...
“Belong in Jail?” Most of the tackles in the secondary are pure muggings. If they were on the street, they would be arrested for assault. The game is rough but should not be criminal.
I did not leave the NFL, they left me.
Well bye!
The headline implies that the networks are going to be hit first, yet their tv crews are eager to show these jerks dissing our flag and anthem. Even bringing it up later at halftime or whatever.
How smart is that? If the tv cameras didn’t pick it up, it didn’t happen. If they had ignored that behavior last year, it would be over. I think they thought they could have it both ways - show how cool they are while upsetting flyover country and the dollars would continue rolling in.
Understandable.
NFL=Negro Football League
IMO people will look back and realize, Obama harmed race relations tremendously.
Couldn't happen to a more deserving group!
Couldn’t happen to a more deserving bunch of arrogant, pretentious fools.
Couldn’t happen to a more deserving bunch of arrogant, pretentious fools.
Well, kinda.
What I had in mind was a team effort, i.e., ALL members of the team offer to whip the ass of anyone who doesn’t stand up and put his hand over his heart when the National Anthem is played!
Tempers flare over Las Vegas Raiders Stadium community benefits plan
They call it "community benefits". I call it extortion. And it's set up quite the 'Rat fight...
Excellent. Let the green hemorrhaging continue until the NFL owners figure out that the fans are actually customers and do not like what’s being sold.
>> ALL members of the team offer to whip the ass of anyone who doesn’t stand up and put his hand over his heart when the National Anthem is played!
I can live with that...
I’d pay good money to see that!
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