Matt discusses the business of broadcasting the Olympics with guest Mark Lazarus, including differences from the 2020 Olympics, streaming NFL games on Peacock, Al Michaels's AI broadcasting debut, and NBA rights. Matt also predicts the box office success of 'Deadpool & Wolverine'.
NBCUniversal leverages Olympics to boost Peacock success with a tailored multi-platform approach.
NBC focuses on refining strategies for live sports streaming to enhance engagement and retain viewers amidst industry fragmentation.
Deep dives
NBC Universal's Focus on Olympics and Streaming Strategy
NBC Universal, under the leadership of Mark Lazarus, is heavily focused on leveraging the Olympics to drive Peacock's success. The company's multi-billion dollar investment in broadcasting rights through 2032 is part of a broader strategy to utilize the Olympics as a unifying force across all NBC platforms. With a comprehensive approach that includes exclusive coverage on NBC broadcast, cable networks like USA, CNBC, and E!, as well as innovative streaming experiences on Peacock, NBC aims to attract and retain a diverse audience through tailored content delivery.
Challenges and Opportunities in Streaming Sports Content
The increasing fragmentation in the entertainment industry poses challenges for NBC Universal to capture and retain viewership, especially as audience behaviors shift towards online streaming. The success of live sports events on platforms like Peacock is crucial for enhancing user engagement and subscription retention. By learning from previous experiences, such as the NFL wildcard game, NBC is refining its marketing and content strategies to cater to evolving viewer preferences and ensure a seamless viewing experience that encourages long-term consumer loyalty.
Strategic Partnerships and Global Competition in Streaming
While NBC Universal's current streaming focus is primarily domestic, strategic partnerships in other territories with entities like Sky in Germany, UK, and Italy demonstrate a potential expansion beyond US borders. To compete with global streaming giants like Netflix and Amazon, NBC Universal is emphasizing broadcast and streaming exclusivity for major sports and entertainment properties. By prioritizing broadcast and streaming synergy, NBC aims to create a compelling and diverse content ecosystem that resonates with audiences worldwide.
Shifting Trends in Superhero Entertainment and Marvel's Future
The release of 'Deadpool and Wolverine' signifies a potential shift in Marvel's strategy towards X-Men and Fantastic Four IPs while exploring new storytelling avenues. The movie's R-rating presents a unique proposition in the superhero genre, aiming to appeal to a broader demographic, including families. Amid changing audience preferences and competition from other superhero franchises, Disney's focus on standalone successes like 'Deadpool and Wolverine' reflects a calculated approach to rejuvenate the superhero genre and adapt to evolving cinematic trends.
Matt is joined by Mark Lazarus, NBCUniversal Media Group chairman, to discuss the business behind broadcasting the Olympics, how these Games will feel different than the 2020 Olympics, what they learned from streaming an NFL playoff game on Peacock, Al Michaels’s AI broadcasting debut, and NBA rights (2:56). Matt finishes the show with an opening weekend box office prediction for ‘Deadpool & Wolverine’ (28:22).
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