Football fans will now be able to stream their favorite games on their phones, after Verizon signed a multi-year deal with the NFL. Paul Kelly, Chief Revenue Officer of Whistle Sports joins Cheddar to discuss the ever-changing landscape for sports media.
He says the changing landscape of sports media is a plus for the leagues, because they can make revenue on traditional TV and mobile at the same time. He believes this is a long-term strategy for Verizon to deliver an OTT platform in the future.
In addition, Kelly also talks about the price of viewing your favorite sports team. He explains how inflating the value of live sports impacts ESPN. Plus, how millennial viewing habits have changed over the past few years.
Despite COVID-19, sports betting has skyrocketed. In January, Americans spent approximately $4 billion on sports wagering according to the American Gaming Association.
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