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Sports Tech Live - Issue #95

Hey Sports Tech Fans, Yesterday the Premier League announced that it has terminated its contract with
Issue #95  •  September 4  •  View online  •  Suggest a link
Sports Tech Live
Sports Tech Live
All your Sports Tech news in one place, covering topics like AR/VR, Data Analytics, eSports, Live Streaming, Sports Betting, Wearables, etc.
Presented byNVIDIA
Hey Sports Tech Fans,
Yesterday the Premier League announced that it has terminated its contract with PPTV in China. The company is owned by Suning holdings, who you may know also own a 70% stake in Inter Milan.
The deal was worth $650 million over three years and was the largest international rights deal that the Premier League has ever done. PPTV paid 12 times the value of the previous deal at the height of the Chinese football boom.
The move isn’t a political one, but came about as a result of Covid and PPTV withholding £160 million in March for the first years payment.
Obviously there has been huge issues in the sports rights market with sports going on a three month hiatus.
PPTV tried to negotiate down the value of the deal but the Premier League have decided against renegotiating the deal or the payment schedule.
Will this have a knock on effect on the clubs whose finances are already heavily impacted by Covid?
Clubs have been more conservative than in recent years (Chelsea being the exception) in the transfer market and this could add more pressure on their finances.
What will the Premier League do now with rights for China?
The value of a new deal will almost certainly be lower given the uncertainty the sporting world is in right now.
Will another of the big Chinese players come to the table and acquire the rights for the most popular league in China? (as per Mailman’s Red Card report)
Will we see the likes of Tencent enter the fray?
They have more than a one third stake in two of China’s biggest live streaming platforms, Huya and DouYu.
Will Alibaba’s YouKu pick up the rights?
YouKu have previously won rights for the FIFA World Cup and with pockets as deep as Alibaba’s they could certainly enter a bidding war.
More interestingly for me would be the Premier League using this opportunity to grow their own TV channel in China with an OTT platform to target the younger generations.
When La Liga sold UK and Irish rights to Eleven Sports, the deal hit a snag as Eleven didn’t have any traditional TV channel, which meant pubs and bars across the UK and Ireland suddenly couldn’t show Spanish football.
Subsequently La Liga pulled the deal and launched their own TV channel in a partnership with Premier Sports.
Could the Premier League find a similar partner in China to get deep access to the traditional TV viewers in China with customised content and commentary for that market?
The OTT offering would offer a huge potential upside with the China being world leaders for live streaming content both in terms of the technology and integration used but also in pure viewing numbers and consumption hours.
The Premier League is at a cross roads.
Finding a new bidder is the path of least resistance but if the value of a new deal doesn’t live up to the previous deal then I would like to see the Premier League take the bold move to run things themselves with partners in China to help them navigate what is a very big technical and cultural challenge.
Have a great sporting weekend,
Will

See where AI is headed at NVIDIA GTC

NVIDIAHear from leading experts on what markets AI is going to disrupt next, attend interactive training sessions led by NVIDIA solutions architects, and network with fellow startup CEOs, VCs, and enterprise executives at NVIDIA’s GPU Technology Conference (GTC) October 5-9. The startup track will be hosted by NVIDIA Inception, an acceleration program that nurtures cutting-edge AI startups and scaleups with go-to-market support, expertise, and technology. Register for 20% off with code CMSTARTUPS.

Streaming Wars
Premier League pulls plug on PPTV rights deal in China | SportBusiness

Murray: PFL to monetise OTT app through advertising, microtransactions and prop bets | SportBusiness

In Win for Networks, Nielsen Begins Incorporating Out-of-Home Viewership - Front Office Sports

NWSL fall series to stream globally on Twitch, including games in US | SportBusiness

WSL NBC Sports: FA Women's Super League, TV schedule, stream online

Digital Café: Does Twitch Hold The Key For Finding The Next Generation Of Traditional Sports Fans? - iSportConnect

YouTube TV reportedly set to add NFL Network to base package, RedZone to a new "Sports Plus" tier

La Liga sees 2019/20 audience surge to 2.8bn global viewers - SportsPro Media

TV's Slow Recovery: Projected To Drop 10% For 2020 09/01/2020

LiveLike and WMT team up to build interactive features for college sports | FierceVideo

Gambling
NBA Great Michael Jordan Tapped As ‘Advisor,’ Part Owner Of Sports Betting’s DraftKings

PrizePicks signs marketing deal with MLB’s Atlanta Braves | iGaming Business

Marshawn Lynch Gets Into Sports Betting Space with Content Partnership

FanDuel Becomes an Official PGA Tour Betting Operator - Compare.bet® News

TheScore Bet Goes Live In Colorado, Promotes Different Strategy From DraftKings, FanDuel

esports
N.B.A. Brings Flash to E-Sports, but Can It Hold On to Its Viewers? - The New York Times

The researcher’s new forecast for Twitch projects that U.S. usage of the platform, known mainly for video-game live streaming, will jump 26.2% this year, to 41.5 million. That’s up from 37.5 million predicted as of February.

‘Gaming is where culture is being set’: Bud Light gets serious about esports - Digiday

Content
LA-based The Skills is launching a MasterClass for athletes featuring Michael Phelps, Maria Sharapova and more – TechCrunch

Inside ESPN’s New 4K-Capable Video Content Factory on the Las Vegas Strip

Marketing & Social
Amidst Uncertainty, CBS’s Super Bowl Ad Plan Is Reassuringly Familiar – Sportico.com

Borussia Dortmund woos Chinese fans with virtual summer tour | SportBusiness

Hardware & Wearables
Intel Sports’ James Carwana: Technology Is a Bridge to the Future

Thanks to Earthworms and Wine, Cipher Skin Meshes Movement Data With Biometrics

Deals
Steve Cohen’s New York Mets Bid Values Team at $2.35 Billion – Sportico.com

Esports platform Challengermode, which allows players to find, create and compete in grassroots and pro-level tournaments, has successfully closed an external financing round of $12million.

The funding marks a new chapter in the platform’s growth, with IQONIQ currently in advanced negotiations with more than 175 rightsholders from the world of sports and entertainment, including major clubs from the big five European football divisions, as well as world-leading clubs and leagues in baseball, cricket, rugby and motorsport. The investment will be enabling IQONIQ to focus on global growth, activating new partnerships and fan experiences for fans across the world.
iqoniq.com   •   Share

Covid
Penn State clarifies football doctor's warnings of COVID-19 heart problems

Athletes
Novak Djokovic-Vasek Pospisil PTPA introduced ahead of US Open | Sporting News Australia

How Selling Used Gear Became the Latest Form of Player Empowerment | GQ

Neymar, Nike part ways after 15 years

The University of Texas launches LEVERAGE program to assist in NIL

Best of the Rest
Detroit Pistons, Flagstar Bank will let fans earn interest on season ticket packages

See where AI is headed at NVIDIA GTC

NVIDIAHear from leading experts on what markets AI is going to disrupt next, attend interactive training sessions led by NVIDIA solutions architects, and network with fellow startup CEOs, VCs, and enterprise executives at NVIDIA’s GPU Technology Conference (GTC) October 5-9. The startup track will be hosted by NVIDIA Inception, an acceleration program that nurtures cutting-edge AI startups and scaleups with go-to-market support, expertise, and technology. Register for 20% off with code CMSTARTUPS.
Techstars Startup Digest Sports Tech Live is curated by:
Will Martin Will Martin
will.martin@startupdigestmail.com
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