Friday, October 25, 2013

"Leagues embrace Twitter, with eye on future revenue"

From SportBusiness Journal





Analysis by Alex Willner in SRM 435 (section 1)

Twitter has developed into an intriguing platform where sporting agencies can capitalize on consumer engagement and consumption. Many sports have recognized that twitter is a cheap and easy way to interact with fans and possible customers. The article “Leagues Embrace Twitter, With Eye on Future Revenue” explains how various sports view twitter as a powerful means to connect with fans on and off the field. 

From a marketing standpoint, twitter is a perfect way for fans to stay tuned-in with team or player interest stories. At this point, twitter is not looked upon as such a way to maximize profits, but more of a menas for fans to stay connected with teams. Leagues believe twitter will drive profits in the long run but in the mean time, it is a great way to stay connected. During major sporting events such as the World Series, Final Four, and Super Bowl, sports can make up about 90 percent of all TV-related tweets. In the last month, the NFL and twitter signed a large-scale deal worth and undisclosed amount in the low eight figures. The deal includes football highlights, fantasy material and other content posted on the micro blogging site. In addition, the deal allows the league to partner with Twitter’s new Amplify advertising platform.

Twitter utilized the Nielson study as of August, which found 29 percent of 221 broadcast shows from across various genres, saw a significant increase in their live ratings from heightened Twitter activity. This not only is a sign that people closely follow Twitter feeds, but also and indication that people took action based off of tweets.
An increase in viewership not only means greater exposure for teams, but also opens an intriguing opportunity for sponsors to become integrated. Existing NFL sponsors such as McDonalds and Verizon have signed on as advertisers in the venture. Both of these corporate partners have a shown their values and goals align closely with the NFL and feel they can mutually benefit from an opportunity such as this. Through extensive efforts between Twitter and leagues, there can be mutual benefits to maximize profits. 

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Analysis by Schuyler LaClair in SRM 435 (section 1)

The past five to seven years nothing has grown quicker and more vastly than social media. Twitter is one of the top dogs when it comes to the social media industry. Twitter is so widely used now it’s starting to turn into an untapped marketing tool, especially to sports leagues like the NFL, NBA, and MLB. As John Ourand and Eric Fisher write in an article in Sports Business Journal, leagues are starting to embrace twitter as a possible tactic to increase their revenue stream. 

Two main events that saw increased TV views along with high twitter activity were Sunday Night Football with the Cowboys versus the Redskins and Game 2 of the American League Championship Series with the Red Sox versus the Tigers on October 13th, 2013. Both games had a combined 1.1 million tweets along with increased viewership, SNF getting over 22 million viewers and the ALCS Game 2 around 8 million. Leagues are starting to see the connection between high twitter activity and TV viewership and ratings. The NFL is one league that is trying to partner with Twitter and harness the tools that Twitter offers tweeting game highlights and stats along with fantasy stats. They recently signed a one-year deal around eight figures to “test the waters” and other leagues are watching closely to see how it goes.

This relates to marketing to the point where this is just the start of a whole new type of marketing strategy. Even with leagues having high interest in possibly partnering up with Twitter they are still nervous about the risks of possible flopping if money were to be put into the idea. Over the next one to two years the NBA, MLB, and NHL will be watching closely to see not only what happens with the NFL but to gain more knowledge and find a link between Twitter activity and increased revenue. If successful, who knows where the marketing industry will be after social media tactics are introduced.

Wednesday, October 23, 2013

Internship Opportunity: Nutmeg State Games in Connecticut


The Nutmeg State Games is the largest amateur multi-sport sporting event in Connecticut. Now celebrating its 25th anniversary of uniting Connecticut’s residents in the common bond of amateur sport and Olympic spirit.

There are positions available for college students seeking a short term or full time internship. Students will gain valuable experience in sport and event management while assisting in the organization in a variety of events. Please click here for more information.

Monday, October 21, 2013

"Paralympics to get live coverage from Sochi"

From SportBusiness Journal


Analysis by Katie Davis in SRM 334 (section 2)

After lackluster coverage of the London Paralympic Games, the NBC Sports Group is working with the United States Olympic Committee to create a deal that will give greater coverage of U.S Paralympic Athletes at the 2014 Sochi Winter Olympic Games than viewers have seen in previous games.

From a media and communications stand point, this deal marks a turning point in how disability sports, whether at the Paralympic level, or at a local level, will be broadcast. In the past few years, coverage of the Paralympic Games has increased, but not nearly to the level of the Olympic Games. These will the first games to offer live coverage of Paralympic events. I think that this broadcast will reach a larger demographic and make disability sports on television more common in United States households.

This deal demonstrates how the new model of communication is used. The deal entails not only 3.5 hours on NBC’s broadcast network and 46.5 hours on its cable channel, NBC Sports Network, but it also includes live streaming on the US Paralympics website. Presenting the option of live streaming by sport allows NBC and the U.S. Olympic Committee to reach various niche audiences. Having three different access points also allows viewers to have a more customized viewing experience, whether on standard television or through computers.
Overall, after this deal is finalized, coverage of the Paralympic Games in Sochi will expand dramatically and allow viewers a more customized experience in how they watch the game. In turn, more people will become aware of disability sports.


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Analysis by Craig Rollyson in SRM 334 (section 2)

On September 23, 2013, Sports Business Journal released an article announcing increased coverage for next year’s Winter Paralympic games in Sochi, Russia. Last year, NBC was heavily critiqued for not offering more coverage of the Paralympic games. The International Paralympic Committee, as well as persons with disabilities, expressed their frustration over such little exposure, mainly due to the significant impact last year’s games had on the Paralympic community. 

NBC sports group is finalizing a deal with the U.S. Olympic Committee (USOC), which will result in a total of fifty hours of coverage on NBC and NBC Sports Network. This is a dramatic increase from last year’s measly five and a half hours of coverage that was also taped and reached viewers at delayed times. NBC will be showing the games live, as well as offering live streaming of Paralympic events in which United States athletes will be competing. Anyone with a computer will be able to view the games, and the streaming can be found at USParalympics.org. Although the deal has not been finalized, the main terms have been agreed upon, despite a few minor “kinks” that are still being worked out between NBC and the USOC.

From a media standpoint, the additional coverage will greatly benefit niche audiences, as well as those who just want to watch the games. The live streaming that is to be offered will allow a person to locate specific athletes in specific events, which will give the viewers more control over what he/she watches. This ability for viewers to watch what they want reflects the new version of the sports communication model. Instead of the games being offered solely to the mass media (NBC), which can only reach out to NBC viewers, they have offered content for niche audiences who can view the games through live streaming. Content providers are giving the viewers more control over what they watch, which will greatly expand the audience NBC aims to reach. The additional coverage will also be beneficial for those who have an interest in the Paralympic games. The additional fifty hours of live coverage will be a significant increase from last year’s games, which was tape-delayed. These changes will allow the millions of people in the United States to view the Paralympic games like never before, and bring new light and positive awareness to the Paralympic community. In the past, NBC offered only re-caps of the games, and no live coverage whatsoever. Next year, the United States will have full coverage of the top athletes with disabilities in the world, which should greatly increase the popularity of the event. In class we discussed how expanding to niche audiences and providing new and exciting content for viewers benefits media broadcasting networks. NBC will be offering the games to niche audiences, as well as providing new and interesting content for viewers, which will positively impact the network’s and bring long overdue, deserving awareness to the Paralympic games and participating athletes.