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I think what's often missing from these discussions is the cost of the professional sports( excluding maybe chess). Football is probably the best example,where
by cosmodisk 6y ago
I think what's often missing from these discussions is the cost of the professional sports( excluding maybe chess). Football is probably the best example,where clubs spend astronomical amounts of money on players. Right now it's probably cheaper to get NASA to send a few people to the space station than to get 2 full football teams. And this gets more and more expensive with each additional layer before it even reaches the end consumer.
To me, the big sports industry ( F1, Football, Basketball,etc.) is where the film/music industry was 10-15 years ago,when every monkey in the world did Emule and Torrents and then along came Netflix and Amazons of this world and now we pay pennies for it.