Connect with us
BSM Summit
blank

Sports TV News

ESPN Sells Majority Stake in X Games

It was reported in January of last year that ESPN was considering shopping the event to potential bidders. At that time, the reported asking price was $50 million.

blank

Published

on

blank

MSP Sports Capital and ESPN have come to an agreement that will see the network sell its majority stake in the X Games.

ESPN Productions will continue to hold a minority stake in the company, and ESPN will continue to hold the broadcast rights for the event.

The new X Games property will be led by former Twitch Vice President of Original Content Steve Flisler. He also served as the Executive Producer of Twitch Rivals. X Games legend Tony Hawk has joined the organization in an advisory role. In addition, around a dozen ESPN employees will move to the new X Games company.

It was reported in January of last year that ESPN was considering shopping the event to potential bidders. At that time, the reported asking price was $50 million. In January of this year, it was reported MSP Sports Capital was the leader to acquire the event, but apparent legal details pushed finalization back until now.

Flisler wants to expand coverage of the X Games, and believes action sports athletes and fans are interested in more content.

“The more they can entertain their audiences, the more we can grow things together,” said Flisler in an interview with Sports Business Journal. “Historically, 20 years ago, where you watched skateboarding was at the skatepark or you watched the X Games. Now you can watch at a moment’s notice, and the hype can reach you through all kinds of social media outlets.”

MSP Sports Capital is led by Jahm Najafi and Jeff Moorad. The company currently holds a stake in McLaren Racing, as well as four soccer clubs around Europe.

Financial terms of the deal were not disclosed.

Sports TV News

FOX Sports Sees Record-Setting Ratings Weekend

The World Cup matchup between the U.S. and England on Black Friday and Michigan/Ohio State on Saturday saw tens of millions of viewers tuning in.

Jordan Bondurant

Published

on

blank

FOX Sports has been home to a number of record-setting games in terms of viewership over the last several days.

In addition to FOX Sports setting a new mark for a Thanksgiving and regular season NFL audience, the World Cup matchup between the U.S. and England on Black Friday and Michigan/Ohio State on Saturday saw tens of millions of viewers tuning in.

The network reported the U.S./England match in the group stage of the 2022 World Cup averaged 15.377 million. It was the most-watched English-language soccer game in the U.S. ever, topping the 1994 World Cup final between Italy and Brazil.

Viewership of the match was up 11% compared to the second group stage contest for the U.S. team in 2014 against Portugal. The audience peaked at 19.646 million from 3:30-3:45 p.m.

FOX Sports also reported the Michigan/Ohio State game on Saturday drew in 17 million, which made it the most-watched regular season college game on the network ever. That figure was also the highest of any regular season contest since 2011. That game also saw the audience peak at 19.6 million.

Viewership for the game was up 3% compared to last year.

Continue Reading

Sports TV News

ESPN Bowl Plans Could Be Altered By NFL Flex Scheduling

“While this situation poses a challenge, we are accustomed to flexibility and having to maneuver our event schedules.”

Jordan Bondurant

Published

on

blank

ESPN could be forced to adjust its upcoming bowl season schedule if the NFL decides to flex a Las Vegas Raiders game a week before Christmas.

ESPN announced its contingency plans for two bowl contests, the Las Vegas Bowl and the New Mexico Bowl. The Las Vegas Bowl is currently planned to kick off from Allegiant Stadium at 7:30 p.m. on December 17. The Raiders right now are still planning to play in the Sunday night game the next night against the Patriots.

Should the NFL decide to flex the Raiders out of the SNF window, ESPN will swap kickoff times between the Las Vegas Bowl and the New Mexico Bowl. That would mean the game in sin city will kick off at 11:30 a.m. local time, with the contest in Albuquerque starting at 5:20 p.m. local time that evening.

“The SRS Distribution Las Vegas Bowl and New Mexico Bowl are both owned and operated by ESPN Events, so this change is a solution that will work for all parties,” ESPN Events vice president Clint Overby said. “While this situation poses a challenge, we are accustomed to flexibility and having to maneuver our event schedules. We are more than prepared to move forward with this revised schedule if necessary.”

Kickoff times will be determined well enough ahead that the schools taking part in both games shouldn’t be adversely affected.

Continue Reading

Sports TV News

NFL Thanksgiving Games Set Ratings Records

FOX Sports added that viewership was up 49% compared to 2021.

Jordan Bondurant

Published

on

NFL

The Thanksgiving slate of NFL games last week brought in the largest audiences ever. Viewership across all three games averaged 33.5 million.

The game with the largest viewership was Giants/Cowboys in the 4:30 p.m. window. FOX Sports reported that 42 million watched Dallas beat New York 28-20. It is the largest regular season audience ever, surpassing the previous leader set 32 years ago.

The network added that viewership was up 49% compared to 2021. FOX carried the Detroit Lions traditional noon Thanksgiving game last year. Compared to the Cowboys turkey day contest on CBS in 2021, viewership was up 3%.

The Bills/Lions game in the early window on CBS averaged 31.627 million, with the audience peaking at 41.981 million. It was the most-watched early Thanksgiving game on record.

Patriots/Vikings on NBC in the nightcap averaged 25.9 million. That figure was up 24% compared to Bills/Saints a year ago, with NBC Sports claiming it’s the second most-watched primetime Thanksgiving game on record. The game was simulcast in Spanish on Telemundo, which averaged 565,000 viewers and made it the most-watched NFL game ever on the network.

Continue Reading
Advertisement blank
Advertisement blank

Barrett Media Writers

Copyright © 2022 Barrett Media.