Is the National Football League (NFL) an important part of my life? Yes.
Am I a fan of this trend? No.
And I am not alone.
(Check the comments on NFL's IG post about this news 😳)
I have a confession...I never cut the cord. Gasp!
And I have Amazon Prime, so I can catch TNF. And I signed up for Peacock so I could watch the exclusive Super Wild Card Weekend game last season. And now, I have to sign up for Netflix just to watch games on Christmas Day?! (I guess I could also watch the new season of Bridgerton too while I'm at it though 🙃)
But this is starting to get out of hand. As was discussed in BWG Strategy LLC's panel, "CTV’s Evolution in Tech and Media" - featuring Russell Fink, Jonathan Anastas and David Simon earlier this week. (The best conversation all day, in my opinion for what it's worth.) The timing of this conversation and this announcement was impeccable.
I'm fascinated by this idea that the reason why streaming was popular early on (and why others chose to cut the cord) is that people were fed up with having to pay for things they don't use on cable. BUT NOW in order to view a specific live sporting event, you have to spend more because of the diversification of platforms.
The whole point of CTV is to watch what you want, when you want. But now, these streaming platforms are making bets on live sports - appointment-based viewing 😵 Make it make sense!
Well, it's pretty simple actually. Everyone wants a piece of live sports because that doesn't change...entertainment executives *know* people want live sports and the highest engagement in entertainment is sports.
More people/more engagement = more money on advertisements
And, what's great for #advertisers on CTV vs LTV is that with CTV, you can get metrics back on the effectiveness of your spend, whereas on broadcast networks, they can't deliver that (yet). If they don't get it together and start sharing good data with advertisers, dare I say, all of our live sports are going to go to CTV, which means we'll all have to buy every streaming platform out there just to watch our favorite sports.
And while, as a #marketer, I *love* data and being able to see the ROI on my spend. As a sports fan, who also likes to think of herself as a responsible spender, my life would be a lot better (and cheaper) if LTV could just unlock #data like CTV so I can keep giving Spectrum a tiny pile of money each month, but I could watch all my sports in one place, including my favorite tv show, ESPN's Sunday NFL Countdown. Please, and thank you.
#marketing #trends #sportsmarketing #advertising #media #mediainnovation #ROI #metrics #sports #football
You can’t spell Netflix without “NFL”
Netflix will be the home to watch the NFL’s 2024 Christmas Day games LIVE!
https://lnkd.in/ee_ADzQY