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Media Rights Squeeze
Plus: Hartford, the CCC and the Path Forward; Everything's A-OK; Bands' Sweet 16
OCTOBER 17, 2023 | written by STEVE ULRICH
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TOP STORY
1. Media Rights Squeeze
Cortland alum Greg Sankey and NCAA President Charlie Baker
by John Ourand, Sports Business Journal
“When NASCAR executives sat down earlier this year to plot a strategy around the circuit’s upcoming media rights negotiations, they knew talks would not be as straightforward as they were the last time their rights were up.
That was a decade ago when the cable business was at its apex, and NASCAR’s two broadcast partners — Fox and NBC — were building out their all-sports channels, FS1 and NBCSN. Fox and NBC needed programming for those channels and didn’t blink at paying a nearly 50% increase for those rights.
That market doesn’t exist today.”
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