(08-03-2022 11:53 AM)RUScarlets Wrote: (08-03-2022 09:30 AM)Frank the Tank Wrote: It's more nuanced than this here as, once again, we have to look at data like viewership in terms of the broader context of the entire entertainment industry as opposed to a vacuum. We have to remember that EVERYTHING on TV is getting lower viewership with every passing year, but college football and sports in general are actually retaining a much higher level of those viewers than every single other type of program on TV. This means that on a *relative* basis compared to everything else on TV, college football is stronger than ever. Both the Big Ten and SEC have multiple games per year that draw more viewers than EVERY regularly scheduled prime time TV program on OTA network television COMBINED.
It's not that the money is consolidating within sports, but rather the TV networks are shifting much more of their spending from other types of TV shows TO sports. The proper comparison isn't whether more people are watching the Big Ten or SEC game of the week compared to a decade ago, but rather where does the Big Ten or SEC game of the week rank compared to every other program on TV compared to a decade ago. The latter figure has actually *skyrocketed*, which is why rights fees are exploding and streaming services like Amazon want to get in on the action. This is the single most important item that sports fans NEED to remember whenever they want to understand what's going on with media rights (and not just in college sports, but in pro sports like the NFL and NBA).
Money is also consolidating into a smaller number of brands in the entertainment industry. We see this pretty directly in the movie theaters: any movie with any sort of substantial budget is a franchise. Entertainment companies with scarce dollars don't want to take material bets on something new. That's right in line with what we're seeing in college sports and the focus on the top brands.
You have to measure things on an absolute basis. The History Channel sucks now because of creative choices. Reality TV... we know where that's gone over the last decade. Does that really relate to college football and its growth trajectory? No... of course I haven't done my own data analysis on the matter, but has the market share increased, decreased, or stayed about the same for CFB? Best case you can argue is the latter which is extremely debatable. Realistically, it's probably decreased in popularity when you factor overall streaming services and digital content from independent creators, etc.
We have decreased BIGLY in popularity from the inception of the CFP. Look at the ratings then when we seemingly had decent parity among the power conferences. The buzz that was generated. Did everything go to streaming? It did not...I get that it was novel and all, but we've fallen off precipitously since 15'. Look at Disney stock. A lot of that is a reflection of ESPN. People have chosen to stream (or do) other things. And I'd argue streaming is still one of the most cheapest discretionary things there is to do, even when you factor in phone and internet costs. CFB has declined in popularity in the last ten years on any absolute metric.
This is where you're totally wrong... and why the Big Ten was already on pace to get over $1 billion per year in rights fees even before the USC/UCLA expansion.
The market share of college football compared to the rest of television has absolutely increased. If you want to try to throw in all of the streaming services and other platforms, that's all well and good, but the market share of college football (and several other sports) for televised programming where people actually watch commercials (AKA the programs that are the most valuable) has ABSOLUTELY increased.
95 of the 100 most watched TV shows in 2021 were sporting events. 3 of the other shows were news programs related to the presidential inauguration, 1 was the Oprah interview of Harry and Meghan, and the ONLY actual scripted TV show on that list was an episode of The Equalizer... which was only there because it was what CBS chose to put on after the Super Bowl. That figure is completely astounding compared to when we were growing up (I'm a child of the 1980s and 1990s) - there might have been the Super Bowl, the AFC/NFC Championship Games and a couple of World Series games on that top 100 list in terms of sporting events, but not too much past that. Instead, it would be filled with tons of prime time TV network shows - Cheers, Seinfeld, Friends, ER, etc. We certainly wouldn't be seeing *every* NFL game plus multiple college football games per week beating EVERY prime time network TV show in the ratings.
Look - if you're just going to look at absolute numbers, then there's no point in arguing with you since we're not going to get anywhere. To me, the absolute numbers are generally worthless (or at a minimum highly misleading when look at alone) because everything needs to be put into context with other forms of entertainment that would be competing with sports... and those other forms of entertainment are getting COMPLETELY pummeled.
There will never be a TV show like Friends or Seinfeld again that's ubiquitous throughout the broader culture. Music is similarly fragmented with streaming - what constitutes a hit song has a totally different meaning today. This is what you're missing: the ONLY thing that comes close to having any type of "monoculture" that we used to see is sports. It's literally the only type of program that has any type of audience aggregation anymore, which is why all of these networks are falling all over themselves to pay billions of dollars to the NFL, NBA, MLB, Big Ten, SEC and even entities like the NHL and PGA.
It's a supply and demand issue: 30 years ago, pretty much every network TV show gave you an audience larger than a college football game, so there was tons of supply of shows that advertisers could utilize. That world is gone: sports is IT in terms of supply.
We don't even need the data. Once again, you can follow the checkbooks of every major media company. They're certainly not sending the Big Ten and SEC billions of dollars out of the goodness of their hearts. If there were better options to spend their money than sports, then they would be doing so... but the point is that there is NOT a better option in today's world.
Now, will this continue forever? Maybe not. However, sports will always have the advantage of the live viewing element, which inherently makes them valuable because nothing else on TV or especially streaming has such element.