Correct across every line on the ice.
1. TV viewers are increasingly cutting the cord and TV viewership is declining. Both decreasing advertising dollars for the networks and sports industries.
2. Revenue doesn't equate to net incomes. In the face of declining viewers and ratings the NFL, MLB, NHL, etc. contracts are squeezing the sports franchises and the networks who contracted for those production rights.
3. In the face of that attendance is dropping. Especially in baseball, college football and select NHL markets.
This week we look at the flip side – five sports that are on the decline.
http://medialifemagazine.com/five-sp...-with-viewers/
Attention, sports team owners – and anyone trying to make a buck off the supposedly ever-growing American thirst to watch athletic events.
Game over.
http://www.ocregister.com/2017/02/26...ings-are-down/
Young people are turning off sports on the box — something that will strike fear into television executives who hoped live matches would be immune from the diversions of Netflix and video games.
http://www.stltoday.com/business/loc...eb9f8cf1c.html