Brian Smith (No, not that one)
12/28/2016 9:31 AM
One man's opinion: Live sports content is where online advertising was in the early 2000s. A lot of money being poured into a product that ultimately reaches relatively few people. Someday soon, it will become clear that a lot fewer eyeballs are watching intently than originally imagined and there are cheaper, more effective ways to market and the system will implode.
Disney has been battening the hatches for a couple years now. Any system that delivers D2 college basketball and professional drone racing to my house for free with repetitive placeholder ads is one doomed to fail. Seriously. They've overextended themselves. The gigantic events are watched, but they've tied a bunch of dead weight onto them and overpaid for the rights. (Sadly, I believe the MAC is one of those dead weights they paid tens of millions of dollars for. That money is going to be disappearing soon.)
We've already started to see Disney push the on-air personalities it hasn't cast off to be more active with advertising campaigns to add value. That means the advertisers aren't getting enough bang for the buck already. We're going to start to see more and more concessions to the advertisers in terms of integrating their products into the content. It's a bad road to go down. They're little by little devaluing their own advertising space and brand. They're being held ransom by their own advertisers. We've watched it happen in newspapers and in radio. It's finally reached the television screen.
I know this all sounds amateurish (and it is), but I really believe advertising is becoming less and less effective as it ages, as we all become more and more attuned to the tricks and gimmicks.
Then again, not to go all alarmist Alvin Toffler or anything, I think we're living in a sports bubble that formed in the 1980s and is about to burst. We poured the same amount of dedication, hard work and thought into sports over the past 40 years that we used to save for the space program, warfare, good governance, industrialization. We've literally wasted a lot of the world's skills on managing sports franchises. Look, I'm a post-modernist and believe we can create and build value based on anything and that it's the inherent right of every human being to do just that, but we can't keep using 100 percent of our finest, rarest resource — our attention spans — on games, whether they be sports, video games or social media. If we do, reality will create a wall we'll speed headlong into.
Last Edited: 12/28/2016 10:04:03 AM by Brian Smith (No, not that one)