Subject: Re: NFL Anthem Protests Hit Fox As Verizon, Networks Consider NewDeals
On 10/20/2017 9:13 AM, a425couple wrote:
> NFL Anthem Protests Hit Fox As Verizon, Networks Consider New Deals
> Mike Ozanian , FORBES STAFF
> The protests by NFL players during the National Anthem have been hurting
> the league's television ratings since last year.
> This season, as the protests have continued, the television ratings and
> ramifications for broadcasters have worsened.
> More bad news for the NFL: an analyst for Credit Suisse yesterday
> downgraded his price and earnings per share targets for 21st Century Fox
> in part due to NFL ratings that are coming in below market expectations.
> "We trim our 2018/19 EPS forecasts … ahead of Q1 earnings," analyst
> Omar Sheikh wrote in a note to clients Thursday. "The key near term
> headwinds are soft NFL ratings and the risk that the Sky transaction is
> blocked by UK regulators."
> The downgrade comes at a time when the NFL is negotiating two important
> distribution deals that end after this season: Verizon's $250 million a
> year streaming agreement and the $450 million a year Thursday Night
> Football deal for games shared by CBS and NBC.
> Through five weeks, the league's ratings are substantially lower this
> season, according to Nielsen data obtained by Sporting News.:
> The league's average TV audience through Week 5 of the 2017 season
> dropped 7% vs. the same period of the 2016 season, and the average game
> audiences are down 18% compared to the first five weeks of the 2015
> season. The NFL's average TV audience (including Sunday afternoon,
> Sunday night, Monday night and Thursday night games) slid to 15.156
> million viewers through Week 5 of the 2017 season, down 7.42% from an
> average of 16.371 million viewers through the same period of the 2016
> season, and 18% lower from the first five weeks of the 2015 season.
> I still think the NFL will get an increase in its streaming and
> broadcasting rights. After all, compared with other programming, the NFL
> still scores well. But the league likely won't get as much money as it
> would have if the trend for televison ratings were favorable.
> Follow me on Twitter @MikeOzanian
> Comment on this story
In the words of the great Jerry Granville:
"NFL - means Not for Long."
Now the bell tolls for THEM!
How's it feel to get CUT by your audience, Goodell?