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Friday Press Review I September 18, 2020

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  Here are some of the most interesting articles of the last weeks selected by The Consultancy Group:

Friday Press Review I July 24, 2020

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Here are some of the most interesting articles of the last weeks selected by The Consultancy Group: 

The pandemic way: how esport is living its best life and traditional sports are keeping the pace

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Ninja Early 2020 got off to a rough start, as we all know, with the outbreak of the COVID-19 virus and the measures taken to slow its spread, literally blocking a big chunk of the economy. Without a doubt, the sports industry has been hit hard . Almost all big events have been cancelled or postponed, pushing event organizers, leagues and federations to the brink of bankruptcy. The latest announcement to postpone the Tokyo 2020 Olympics was the final blow : the Olympics have only been canceled three times (1916, 1940 and 1944) because of war, but never postponed. This will have huge repercussions for all stakeholders.  Jae C Hong/AP But if we want to focus on the positive, inside the reign of sports, the younger esports has the potential to gain terrain on its elder sibling by seizing new opportunities during these unprecedented times. Still unaware of exactly what esport is and its origins? Check out the three-part article we wrote on that subject a while ago! ...

The net worth of sports teams: US domination and what Europe needs to do to compete

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Getty Images When speaking about sports teams , which come to mind first? It depends where you’re from, but an average sports fan will always give you a few team names like the Los Angeles Lakers, New York Yankees, Real Madrid, Barcelona , and so on. The most popular teams are also some of the most valuable in terms of net worth. Every year, Forbes establishes a ranking of the 50 most valuable sports teams in the world . This ranking is based on a calculation where team values reflect enterprise values (equity plus debt). Analyzing the ranking Forbes Let’s analyze the top 25 ranked teams. There’s a lot of stars and stripes , right? As a matter of fact, only five of them are non-US. Even though Europeans are not part of the majority, they still get a nice share of the cake with some of the highest-ranking positions, thanks to Real Madrid and Barcelona in third and fourth place, respectively. Looking even closer, we notice that only four sports are represented in this ranki...

Netflixing the sport: The DAZN model

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Source: Perform Group (2018) Over the top (OTT), media services provider Netflix is by far the biggest name in the streaming world. They have paved the way for a new generation of movies and series, burying the “Blockbuster model” (DVD and VHS renting service) once and for all. Founded in 1997, the company started by renting DVDs via regular mail, before finally moving into the streaming business in 2007. The model as it stands is pretty simple: pay a monthly fee (around U$S10 depending on the country) for an all-you-can-watch subscription. The general public has bought into the simplicity of the model, and the growth of the customer base has been exponential. In 2017, they hit 125 million subscribers worldwide . From acclaimed television series to Oscar-worthy movies, the platform lets users watch (almost) anything they want, wherever they want. The success has been so monumental that Netflix is now producing its own movies and series, absorbing the production market to...