After a year of delays, the Tokyo Olympics is finally here.
But the growth in streaming is expected to lower broadcast viewership numbers. About 27.5 million people tuned into the 2016 Rio Olympics each night during Primetime, and around 86 million households had a cable or satellite subscription that year. This time around, the Tokyo Olympics are at least 13 hours ahead of the U.S.' main broadcasting hours, and 11 percent fewer households still maintain their cable or satellite bundles. On top of this, NBC Sports is saving the live feed of several popular sports, including mens' and women's gymnastics and track and field, for its streaming service Peacock in order to drive viewers to the platform.
But despite the protests and concerns over safety during COVID-19, advertisers haven't stopped backing the Games. While sponsor Toyota announced it would pull its ads running in Japan during the Olympics, it is still moving forward with its plans in other countries. In fact, NBC Sports said it has at least 120 advertisers this year, 80 of which are brand new. It is expecting to bring in more than $1.2 billion in ad revenue, which was the last benchmark set by the 2016 Rio Olympics.
"I think it shows a sensitivity to their specific region and a respect, which the Japanese people are known for, so I think it was the right thing to do," said Influencer marketing agency Takumi CMO Kristy Engels about Toyota.
"When you look at the other advertisers out of the major ad sponsors, no one else has pulled out to date so they're all sticking with their existing programs so you'll still see the Toyota ads running here in the U.S.," she added.
The third baseman — a seven-time All-Star and eight-time Gold Glove winner — will be inducted to the hall at Cooperstown, New York in July with Fred McGriff, the first baseman and five-time All-Star elected in a separate process last month.
American Mikaela Shiffrin just became the most decorated woman skier in World Cup history, winning
her 83rd championship on the Alpine World Cup circuit on Tuesday. Shiffrin surpassed former teammate Lindsay Vonn who retired four years ago due to injury.
Jeff Gordon, NASCAR Hall of Famer, four-time Cup champion, and vice chairman of Hendrick Motorsports, joined Cheddar News to celebrate the 75th anniversary of NASCAR, the evolution of racing and what lies ahead.
Anticipation around Super Bowl LVII was already mounting with the reveal of Rihanna as the halftime performer and now the league has unveiled its full slate of scheduled performances for the big day.
Cincinnati Bengals wide receiver Ja'Marr Chase (1) and Cincinnati Bengals running back Joe Mixon (28) motion for a touchdown against the Buffalo Bills during the third quarter of an NFL division round football game, Sunday, Jan. 22, 2023, in Orchard Park, N.Y. (AP Photo/Joshua Bessex)
Damar Hamlin was released from a Buffalo hospital and will continue to recover at home, just 10 days after the Bills player collapsed on the field and suffered a cardiac arrest.
