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NBA annual TV revenue: $4B China (CCTV & Tencent) versus $24B USA (ESPN & TNT). Those numbers are outdated and incomplete, but basically describe the relative
by wtn 7y ago
NBA annual TV revenue: $4B China (CCTV & Tencent) versus $24B USA (ESPN & TNT).
Those numbers are outdated and incomplete, but basically describe the relative market size.
Maybe you are thinking of rate of growth.
EDIT: As tanilama pointed out my numbers are wrong. The USA (ESPN & TNT) TV deal is about ~$2.6B per year. The Tencent streaming deal is ~$1.5B over 5 years. I don't know about CCTV.
- tanilama 7y ago$24B USA is for 10 years? https://www.cbc.ca/sports/basketball/nba/nba-tv-deal-how-the-new-24b-contract-stacks-up-against-other-leagues-1.2790143 https://www.cbc.ca/sports/basketball/nba/nba-tv-deal-how-the... Annually it says the revenue is 2.6B. Not sure how much revenue they are making from China on a yearly basis (Tencent's contract is 5 years).
- cat199 7y ago> basically describe the relative market size. pretty sure that basically describes the relative market valuation - given income differences/relative cache of the two different leagues, market size vs valuation would be vastly different.