Weekly Roundup – Week of July 22nd, 2024

Weekly Roundup – Week of July 22nd, 2024

Sports Media & Sports Betting News

WNBA All-Star Game Highlights 'Historic' Season

"The WNBA’s dream scenario last night -- Caitlin Clark flipping a bounce pass to Angel Reese for a bunny layup in the All-Star Game -- punctuated what Commissioner Cathy Engelbert called a “historic" first half of the season. All the drama (Diana Taurasi saying Clark will have trouble in a “grown women’s league" or Chennedy Carter’s flagrant hip-check on Clark) was a distant memory as even NBA Commissioner Adam Silver flew into Phoenix for the sold- out game with his young daughter.
Prior to tipoff, Engelbert rattled off the league’s metrics of growth this season: highest attendance in 26 years, an overall attendance rise of 45%, 16 game broadcasts of at least 1 million viewers, WNBA app usage up 530%, D2C league pass subscriptions up 360% and all-star voting volume up 600%. She even borrowed Silver’s patented phrase to describe her league: “growth stock.""

How Fox and Univision took different routes to the same summer soccer success

"In catering to two separate wings of soccer fandom, Fox and Univision may be building an audience that is more than the sum of its parts.
For American television, the quadrennial pairing of the UEFA Euro 2024 and Copa America soccer tournaments was a golden opportunity. The tournaments fueled each other; Euros during the day led into Copa at night, Copa then set the stage for the Euros the following day. While it was nothing new for Univision to broadcast both tournaments, that had not previously been the case on English-language television. ESPN carried the Euros for years, while Copa America aired on Fox Sports (or going further back, beIN Sports).
Last week’s finals delivered two of the biggest sports audiences all year, more than ten million combined for the Euro final and north of 13 million for Copa America — the latter scoring over six million each on FOX and Univision. Underlying the success are two distinct strategies for pulling disparate audiences to the same product."

Offseason, but not offline: How team marketers keep their socials active year- round

"For many sports fans, their social media feeds are dominated with highlights, scores, and all the other news and drama when their favorite teams are in season.
But team social media managers still have to feed the content machine during the dreaded offseason.
“I want to make sure that the Liberty is at the forefront; that you’re not going to forget about us,” Charlie DeSadier, social media coordinator for the New York Liberty, told Marketing Brew. “We’re still going to give you that grade-A content that we’re going to give you in the regular season.”
Without consistent access to players and in-game action, that job gets a little harder, and many team social media managers have to contend with declines in engagement. Still, they’ve figured out ways to keep their teams’ pages populated, even without the action of the season."

News & Political Media News

Netflix's Advertising Business Is Boosting Profit Margins

"A year and a half after launching ads, ads are finally making a meaningful contribution to Netflix’s bottom line.
Last quarter, Netflix grew its overall revenue by 17% year over year – a huge jump from Q2 last year, when that number was just 3%. Now that the platform’s ad-supported membership is hitting a certain level of scale, ad revenue is becoming a source of profit, CFO Spencer Neumann told shareholders during the company’s earnings call on Thursday.
Netflix’s operating margins last quarter grew 5% YOY, and “we see a lot of room to continue to grow profit margin,” Neumann said, pointing to the sign-up rate for the ad-supported plan.
Currently, 45% of new member sign-ups are for the ads plan, up from 40% in April."

The Data That Powers A.I. Is Disappearing Fast

"For years, the people building powerful artificial intelligence systems have used enormous troves of text, images and videos pulled from the internet to train their models.
Now, that data is drying up.
Over the past year, many of the most important web sources used for training A.I. models have restricted the use of their data, according to a study published this week by the Data Provenance Initiative, an M.I.T.-led research group.
The study, which looked at 14,000 web domains that are included in three commonly used A.I. training data sets, discovered an “emerging crisis in consent,” as publishers and online platforms have taken steps to prevent their data from being harvested.
The researchers estimate that in the three data sets — called C4, RefinedWeb and Dolma — 5 percent of all data, and 25 percent of data from the highest-quality sources, has been restricted. Those restrictions are set up through the Robots Exclusion Protocol, a decades-old method for website owners to prevent automated bots from crawling their pages using a file called robots.txt."

Trust in Media 2024: Which news sources Americans trust — and which they think lean left or right

"The American news landscape is fractured and polarized, with no outlet singularly gaining the public's attention or trust. Party identification, and to some extent age, divide American media consumption. Most adults say that at least half their news consumption is politics-related, and most major news sources are perceived by Americans as either left- or right-leaning. Democrats are far more likely than Republicans to trust the news in general, as well as to trust most specific outlets. Republicans — and Americans in general — are more likely to classify news sources as liberal than as conservative, though there are exceptions. Democrats and Republicans find some common ground when it comes to sources for financial news, but hold vastly different opinions on other news sources, including the two used most often: CNN and Fox News."

Half of US Adults Would Quit Their Jobs to Become Influencers: Survey

"IZEA surveyed over 1,200 US-based consumers to seek out new data on influencers' income and aspirations.
Many workers across industries would make the leap to content creation if they could.
IZEA found that 54% of 18-to 60-year-olds would quit their jobs to become full-time influencers.
The money they could make is a big factor; 36% had household incomes of over $100,000 in 2023."

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Sean Bos

Sean Bos is a founder of Crowd React Media and VP of Branding & Research at Harker Bos Group.