Streaming Sports Is a Business Model That Is Ripe for Disruption
Despite the proliferation of streaming services, there are few experiences like watching live sports. The roar of the crowd, the tension. It’s a visceral experience that can’t be duplicated on TV or online.Resource: https://www.radiokrka.com/
But live sports is also a business model ripe for disruption. As the ad-supported model for television and cable networks flatlines, sports rights have become big moneymakers. And new streaming-exclusive deals for MLB, NBA and NFL games demonstrate that consumers are willing to pay to watch live sports in the same way they do for TV shows and movies.
The Business of Broadcasting Major Live Sports Events
Streaming live sports requires careful planning and preparation. Pre-production involves scouting the venue, creating a shot list and coordinating with the team and officials to ensure a seamless production on event day. Then, on-site technical support, including audio and video, is key to delivering an exceptional viewing experience for your audience. Finally, high-quality graphics and scoreboard integration can help elevate the broadcast and set you apart from competitors.
Another factor is latency, which has long been a challenge for streaming service providers. Fortunately, advances in compression and the use of CMAF are making it easier for services to provide low latency for sports broadcasts. And scalability, which is critical when millions of fans are simultaneously watching the same game, is also getting better. As a result, more sports fans are experiencing the thrill of live sport and engaging in social conversations around the event, as never before.