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The Welfare Effects of Vertical Integration in Multichannel
The Welfare Effects of Vertical Integration in Multichannel Television Markets∗ Gregory S. Crawfordy Robin S. Leez Michael D. Whinstonx Ali Yurukoglu{ PRELIMINARY AND INCOMPLETE September 10, 2014 Abstract We investigate the welfare effects of vertical integration of regional sports networks (RSNs) in U.S. multichannel television markets. Vertical integration can enhance efficiency by aligning investment incentives and/or reducing double marginalization, but can also harm welfare due to foreclosure and raising rivals' costs incentives. We measure these competing effects in the carriage, channel placement, and pricing decisions of regional sports networks (RSNs) by affil- iated and unaffiliated cable and satellite television distributors. We first carry out descriptive analyses that compare integrated and non-integrated RSNs and distributors' prices and car- riage, and viewership ratings. We then estimate a model of viewership, subscription, distributor pricing, and input cost bargaining. We use the estimated model to analyze the welfare effects of simulated vertical mergers and de-mergers, and the \terrestrial loophole" introduced in the 1992 Cable Act by the U.S. Federal Communications Commission. 1 Introduction The welfare effects of vertical integration is an important, but controversial, issue. The theoretical literature on the pro- and anti-competitive impacts of vertical integration is vast (c.f. Perry (1990); Riordan (2008)), and typically contrasts potential efficiencies related to the elimination of double marginalization (Spengler (1950)) and the alignment of investment incentives (Willamson (1985); Grossman and Hart (2001)) with the potential for losses arising from incentives to foreclose rivals and raise their costs (Salop and Scheffman (1983); Krattenmaker and Salop (1986); Hart and Tirole (1990); Ordover et al. -
260 Fifth Avenue| Suite 600 |New York, NY | 10001 Our Mission Statement
260 Fifth Avenue| Suite 600 |New York, NY | 10001 Our Mission Statement • ADVOCACY To advance the creation, production and distribution of sports content • COMMUNITY To facilitate a dialogue between the sports video professional and manufacturers, suppliers and technology developers • EDUCATION To provide a knowledge resource for the growing community of sports video professionals at broadcast/broadband organizations, professional teams and leagues, collegiate and secondary schools, stadiums and arenas Giving Back to Sports with Initiatives and Groups An Advisory Board of Sports Industry Leaders Sports Video Group is comprised of leading industry figures, committed to technical excellence in the sports industry. Over the Chairman of the Advisory Board coming years, members will help guide the direction of the Tom Sahara, Turner Sports VP, Operations & Technology organization, consult on various group initiatives, and enable more dialogue across different industry segments. John Leland, PSL International, LLC, Principal Louis Libin, Broad Comm, President Ken Aagaard, CBS Sports, EVP Operations and Production Services Jodi Markley, ESPN, SVP of Operations Adam Acone, NFL Network, Director, Media Operations & Planning Michael Meehan, NBC Sports, VP Glenn Adamo, NFL,VP Media Operations and Broadcasting Ken Norris, UCLA, Director of Video Operations Peter Angell, IEC in Sport, COO Gary Olson, GHO Group, Managing Director Andrea Berry, Fox Network Engineering and Operations, SVP, Broadcast Ops Chuck Pagano, ESPN, EVP and CTO Chuck Blazer, Blazer -
SPONSORED by #Svgsportsgfx
#SVGSportsGFX SPONSORED BY TITLE SPONSOR EVENT SPONSORS THE INNOVATION CONTINUES WITH LYRICX! X Unequalled Creative Freedom X Exceptional Ease of Use X Higher Performance X Buy or Upgrade Today! *4K graphic courtesy of MOOV. GRAPHICS CREATION. REINVENTED. MODERATOR: Karen Hogan Ketchum, SVG, Senior Editor SPORTSGRAPHICS AGENDA PANELISTS: Andrew Lalonde, Oilers Entertainment Group, Digital Display Specialist #SVGSportsGFX Eric Long, Philadelphia Eagles, Director of Production Michael Rocha, Panasonic Xperiences, Director, Creative/Technical Solutions Greg Stocker, ChyronHego, VP, Sports and Live Events 9:00 a.m. REGISTRATION and TECHNOLOGY SHOWCASES OPEN 12:00 – 12:15 p.m. 9:45 – 9:50 a.m. WELCOMING REMARKS AVID AND LIVELIKE CASE STUDY: sponsored by AWARD-WINNING Johan Apel, ChyronHego, President and CEO sponsored by Inside the Super Bowl LI Virtual Reality – Jocelyne Meinert, SVG Graphics Committee Chair A First in the History of the Super Bowl and Big Studios, Owner/Director Super Bowl LI took VR to a new level, with Fox Sports and LiveLike production 9:50 – 10:30 a.m. STATE OF THE ARTS: teams coming together to deliver a six-camera VOD VR experience that took users up close to some of the most important plays in the game. Avid also played a major REAL-TIME GRAPHICS Sports Graphics Today and Tomorrow part in the efforts, and this presentation by LiveLike, in association with Avid, will The third-annual Sports Graphics Forum kicks off with a top-tier discussion focus on the virtual-reality setup at Super Bowl LI. featuring creative directors and top graphics-production pros. What are the PRESENTERS: significant creative and technological trends? What are the industry’s greatest Fabrice Lorenceau, LiveLike, Co-Founder and Head of Production challenges and opportunities, and what lies ahead for the sports-graphics sector? Jan Umansky, Twizted Design, CEO and Founder MODERATOR: Jocelyne Meinert, Big Studios, Owner/Director SOLUTIONS PANELISTS: 12:15 – 12:30 p.m. -
Advancing the Creation, Production, and Distribution of Sports Content SPORTS VIDEO GROUP AT-A-GLANCE
2017 DECK Advancing the creation, production, and distribution of sports content SPORTS VIDEO GROUP AT-A-GLANCE SVG plays an important role in supporting the growth and sustainability of the businesses and people who create, produce, and distribute sports video. EXPERT EDITORIAL TEAM SVG has the largest, full-time dedicated editorial teams covering sports technology. KEN JASON BRANDON KAREN KERSCHBAUMER DACHMAN COSTA HOGAN Executive Director, Chief Editor Senior Editor Senior Editor Editorial Focus Areas: Focus Areas: Focus Areas: LIVE VIRTUAL VISUALIZATION MICHAEL FUCHS THEATER at HBO AN FORUM INITIATIVE ADVISORY BOARD OF INDUSTRY LEADERS “Sports Video Group is comprised of leading industry figures, committed CHAIRMAN OF ADVISORY BOARD to technical excellence in the sports industry. Over the coming years, members will help guide the direction of the organization, consult on various group TOM SAHARA, Turner Sports initiatives, and enable more dialogue across different industry segments.” Ken Aagaard, CBS Sports, EVP, Operations and Production Services John Kvatek, University of Central Florida Knights, Associate AD, Multimedia and Creative Adam Acone, NFL Network, Director, Media Operations and Planning John Leland, PSL International, LLC, Principal Glenn Adamo, Ivanhoe Media and Entertainment, President Louis Libin, Broad Comm, President Peter Angell, Lagardère, SVP Jodi Markley, ESPN, EVP, Content Operations and Creative Services Andrea Berry, Industry Consultant Michael Meehan, NBC Sports, SVP, Operations Grant Nodine, NHL, SVP Technology -
SVG-Value-Proposition-2012.Pdf
Our Mission Statement • ADVOCACY To advance the creation, production and distribution of sports content • COMMUNITY To facilitate a dialogue between the sports video professional and manufacturers, suppliers and technology developers • EDUCATION To provide a knowledge resource for the growing community of sports video professionals at broadcast/broadband organizations, professional teams and leagues, collegiate and secondary schools, stadiums and arenas Association Initiatives and Groups Advisory Board Members The Sports Video Group is comprised of leading industry figures Deb Honkus, NEP Broadcasting, CEO who are committed to technical excellence in the sports industry. George Hoover, NEP Broadcasting, CTO Over the coming years members will help guide the direction of the Jeff Jacobs, MTV Networks, VP Production Planning and Strategies organization, consult on various group initiatives, and enable more Robert D Jordan, CFE, New Meadowlands Stadium LLC, VP Design and dialogue across different industry segments. Construction John Kvatek, University of Central Florida Athletics Association, Director of Video Services Chairman of the Advisory Board John Leland, Origin Digital, VP Global Media Operations Steve Hellmuth, NBA, Louis Libin, Broad Comm, President EVP Operations and Technology Jodi Markley, ESPN, SVP of Operations Michael Meehan, NBC Sports, VP Ken Norris, UCLA, Director of Video Operations Ken Aagaard, CBS Sports, EVP Operations and Production Services Gary Olson, CONCACAF, CTO Adam Acone, Industry Consultant Chuck Pagano, ESPN, -
Adam Abbate Senior Business Analyst ESPN Kay Adams Host NFL Network Fareeda Ahmed Associate Partner MAG Consulting Lauren Alford
Adam Abbate Senior Business Analyst ESPN Kay Adams Host NFL Network Fareeda Ahmed Associate Partner MAG Consulting Lauren Alford Business Development Specialist Vinson & Elkins LLP Sam Altiero CEO Division-Won Niki Angleton Commercial Partnerships Manager, USA Genius Sports Hunter Ansley Director, Social Media Learfield Marc Appleman CEO HOME: The Baseball Experience Portia Archer VP, Direct-To-Consumer Services NBC Sports Group Mike Aresco Commissioner American Athletic Conference Kevin Armstrong New York Daily News Katina Arnold VP, Corporate Communications ESPN Tom Arrix Good Sport Paul Asencio Senior VP, Global Partnerships UFC John Atkinson Sports Partnership Manager Genius Sports Richard Au Director, Sports & Content Acquisition—Prime Video Amazon.com Pete Axtman Senior Account Director Sunshine Sachs Seth Bacon Senior VP, Media MLS & SUM Ryan Baise Director, Partnerships & Content Fanatics Chuck Baker Co-Chair, Sports Industry Group O'Melveny Jordan Bazant WME Agent & Partner WME Jim Bell President; Executive Producer NBC Olympics Production & Programming; Telemundo World Cup Jeff Bennett VP, Stats & Information ESPN Martellus Bennett The Players' Tribune Creative Ambassador Megi Beqiraj Advertising Coordinator Sports Business Journal Brittany Berckes Associate, Entertainment Department Loeb & Loeb LLP Ross Bernard VP, Programming NHL Bonnie Bernstein Broadcaster Freelance Host - ESPN/Fox Sports Radio Doug Billman President Pixellot Anders Bjoerkman Partner & CEO Lumaby Media AB Christian Bochicchio Manager, Series Marketing NASCAR -
Competitive Advantage: the Actions Espn Must Take in Order to Maintain a Leadership Position in the Wake of Cable Un-Bundling
197 EDWARDS (DO NOT DELETE) 11/22/2016 12:45 PM COMPETITIVE ADVANTAGE: THE ACTIONS ESPN MUST TAKE IN ORDER TO MAINTAIN A LEADERSHIP POSITION IN THE WAKE OF CABLE UN-BUNDLING “What’s going on here is we’re redefining the nature of choice.”1 The words of Laura Martin, entertainment & internet analyst at Needham & Co., sum up the direction of television programming in the United States. For decades, pay-TV consumers have been subjected to the reality of the “bundle.”2 Monthly over-charges and consumer choice limited to very similar bundles have both been par for the course.3 Content distributors are unable to compete on price in a meaningful way because the contracts they have with content creators essentially dictate their own bottom lines.4 The emergence of millennials in the marketplace, coupled with heightened animosity towards the anti-competitive structure of the way pay-TV is developed and distributed to consumers, paint the picture of an industry on the brink of drastic and certain change.5 Whether it be through anti-trust litigation, legislative action, FCC intervention, or the eventual decay of the current business model by consumers who independently choose to “cut the cord” with cable, a new landscape of content distribution will emerge.6 Currently, sports programming accounts for much of a pay-TV monthly bill regardless of whether a consumer has any interest in sports.7 A Los Angeles subscriber, for example, is charged roughly $5 per month for Dodger 1. Charlie Frankel, Media Execs Believe OTT Nets are Here to Stay, But Questions Remain About the Future, SPORTS BUS. -
SVG-Value-Proposition-201124.Pdf
Our Mission Statement • ADVOCACY To advance the creation, production and distribution of sports content • COMMUNITY To facilitate a dialogue between the sports video professional and manufacturers, suppliers and technology developers • EDUCATION To provide a knowledge resource for the growing community of sports video professionals at broadcast/broadband organizations, professional teams and leagues, collegiate and secondary schools, stadiums and arenas Association Initiatives and Groups – Improving the safety of industry professionals within production facilities, compounds, and venues – Bringing together women across the landscape of sports production, creation, and distribution – Document best practices and successful strategies; moving the production standard from surround to 5.1 – Mark Schubin brings his expertise to SVG in a series of luncheon discussions. – Encouraging the next generation of professionals to get together; learn and network. Advisory Board Members The Sports Video Group is comprised of leading industry figures Deb Honkus, NEP Broadcasting, CEO who are committed to technical excellence in the sports industry. George Hoover, NEP Broadcasting, CTO Over the coming years members will help guide the direction of the Jeff Jacobs, MTV Networks, VP Production Planning and Strategies organization, consult on various group initiatives, and enable more Robert D Jordan, CFE, New Meadowlands Stadium LLC, VP Design and dialogue across different industry segments. Construction John Kvatek, University of Central Florida Athletics -
New York, NY | 10001 | Fax: (212) 696-1783 Our Mission Statement
260 Fifth Avenue| Suite 600 |New York, NY | 10001 | Fax: (212) 696-1783 Our Mission Statement • ADVOCACY To advance the creation, production and distribution of sports content • COMMUNITY To facilitate a dialogue between the sports video professional and manufacturers, suppliers and technology developers • EDUCATION To provide a knowledge resource for the growing community of sports video professionals at broadcast/broadband organizations, professional teams and leagues, collegiate and secondary schools, stadiums and arenas Giving Back to Sports with Initiatives and Groups An Advisory Board of Sports Industry Leaders Sports Video Group is comprised of leading industry figures, committed to technical excellence in the sports industry. Over the Chairman of the Advisory Board coming years, members will help guide the direction of the Tom Sahara, Turner Sports VP, Operations & Technology organization, consult on various group initiatives, and enable more dialogue across different industry segments. John Leland, PSL International, LLC, Principal Louis Libin, Broad Comm, President Ken Aagaard, CBS Sports, EVP Operations and Production Services Jodi Markley, ESPN, SVP of Operations Adam Acone, NFL Network, Director, Media Operations & Planning Michael Meehan, NBC Sports, VP Glenn Adamo, NFL,VP Media Operations and Broadcasting Ken Norris, UCLA, Director of Video Operations Peter Angell, IEC in Sport, COO Gary Olson, GHO Group, Managing Director Andrea Berry, Fox Network Engineering and Operations, SVP, Broadcast Ops Chuck Pagano, ESPN, EVP and -
Supponor Sport Virtual Advertising Technology Solutions
MEDIA & BROADCAST MEDIA & BROADCAST WELCOME The Sports Tech Annual is an industry research publication that brings Welcome to the inaugural Sports together the most comprehensive and complete directory of companies Tech Annual, brought to you by in the global sports tech landscape. Each Chapter features interviews with industry experts sharing their insights on the current challenges, Sports Tech World Series (STWS). innovative use-cases, industry trends and future predictions in sports technology. STWS Sports Tech Annual is your resource to navigate the revolutionary impact technology is having on how sports are played, administered and consumed around the world. SPORTS TECHNOLOGY INDUSTRY FRAMEWORK The 2020 Sports Tech Annual is divided into eight chapters reflecting Categorizations are therefore based on the company’s primary function the eight categories in the STWS Sports Technology Framework, and area of product/service expertise. If a company is not present in a highlighted below. This Framework was developed to give structure to chapter it may be because they are better suited to another chapter/ the amorphous term “sports technology” and provides an exhaustive category. overview of the ecosystem. This chapter focuses on companies working within Media & Broadcast, Although the Framework provides an exhaustive overview of the including solutions that enable and enhance the sharing and distribution sports tech ecosystem, each category is not mutually exclusive. There of sports content such as streaming platforms, automated broadcast will inevitably be companies that fit amongst several categories. graphics and online content publishers. ATHLETE PERFORMANCE & TRACKING ATHLETE, TEAM & EVENT MANAGEMENT Devices and platforms used to measure or Solutions that support the management of track athletes with the purpose of testing and athletes, teams, leagues and events, with a focus improving performance such as GPS, activity on improving overall efficiencies at an individual trackers and sensors. -
SMT, Official Results and Graphics Provider for the Reebok Crossfit Games, Expands Offerings with Simultaneous Multi-Stadium Displays
Media Contact: Patricia Hopkins SMT VP, Marketing [email protected] (919) 602-4392 SMT, official results and graphics provider for the Reebok CrossFit Games, expands offerings with simultaneous multi-stadium displays The Reebok CrossFit Games move to the Alliant Center in Madison, Wis., and expand to new festival-style fan experience and new broadcast partnership with CBS Sports Madison, Wis., Aug. 2, 2017 –SMT (SportsMEDIA Technology), the leading innovator in real-time data delivery, in- stadium and broadcast graphics solutions for the sports and entertainment industries, has expanded its role for the 2017 Reebok CrossFit Games, delivering simultaneous multi-stadium video board productions and broadcast productions in addition to continuing to serve as the Games’ official results provider. SMT has supported the CrossFit Games since 2011, delivering the first scoring services and, in 2013, adding timing services to the CrossFit Games, where 40 women and 40 men compete for the title of “Fittest on Earth” and $2.4 million in cash prizes. SMT is providing a myriad of services for this year’s Reebok CrossFit Games, taking place Aug. 3-6 across five sites at the Alliant Energy Center campus in Madison, Wis., in a new format event promotors are billing as “equal parts festival, concert and sporting event.” SMT’s video board productions will operate simultaneously across the five venues, helping the estimated 14,000 attendees keep up with the competitions, navigate the grounds, and enjoy the Games. SMT’s design firm, (n+1) designstudio, created the graphics package for the boards, with schedules, lane assignments, live scores, results, competition standings, social media, sponsors, competition clock and live video.