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The cost of sports broadcasting rights can significantly impact the profitability of broadcasters and streaming services. High costs can eat into profits, especially if the broadcasters or streaming services are unable to attract a sufficient number of viewers or subscribers to offset these costs. However, sports broadcasting rights can also be a major source of revenue, as they can attract a large number of viewers, leading to increased advertising revenue and subscription fees. Therefore, the impact on profitability can vary depending on the popularity of the sport, the number of viewers, and the ability of the broadcaster or streaming service to monetize the broadcasts.
Question was asked on:
From 1980 through 2023, the five largest professional US sports leagues will have earned more than $210 billion from domestic media rights alone, with the NFL making up a staggering 65%, or one hundred and thirty-six billion of that revenue. In 2023, broadcasters and streaming services will pay $15.4 billion a year for all their sports broadcasting rights. That's billions of dollars for billions of viewers. (Source)
Asked on the following report:
We show our analysis: all the top growing sports leagues, head to head. Will the NFL finally beat FIFA? Will the NBA or India Premiere League catch up...
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