Is There a Market for NFL Rights?

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There's no more value in distribution and all the value is accruing to the content creator. You could make an analogy to the airline industry where no one was willing to pay for a better experience on a flight. All the airlines had to merge because you had to have massive, massive scale. That's also what happened to these media companies that are distributing the content. And it's pretty genius that the NFL doesn't do this themselves, that they rely on broadcast partners.

The NFL — it’s almost synonymous with America today. And its history is a fascinating lens to explore the nation’s development over the last 100 years, from WWII to TV and suburbs to the Internet and social media. What began as a quasi-illicit league in small midwestern towns is now the single largest media property in the world today by revenue. And whether you watch football or not, this is one incredible business story. Acquired is ready for some football — let’s kick this Season off right!

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‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.