Product and Service
Companies included in sport stream sector in video &audio goods and service industry primarily develop sport content and present it by subscription network, TV, online, and live events.
Demand for Product and Service
As indicated by the typical company data, the demand for sport and other entertainments has been increasing significantly in the past several years. The increased demand has been proved by the increased revenue from media rights of those sport leagues, sponsorship, and admission.
Sector’s Current, Trend, Causes behind trend, and Future
Current and Trend
It seems that the demand for sport stream from individuals and for broadcasting content as a media of advertising from business customers in US market has been strong.
We have seen continuingly increasing paid network subscription for major stream provider in this sector. However, the growth may be slowing down.
We have also seen increased licensing contract from TV media and increasing advertising demand and sponsorship.
However, for live events attendance seems to be declining while companies seem to have been able to raise price of ticket. Revenue of toys declined with fewer events and less attendance. Demand for physical media products has declined.
Consolidation activities have been increasing as demand for entertainment increases.
Causes behind the trend
The upward trend in this industry may be consistent with what is happening in other entertainment and leisure industries and presents undergoing, deep changes in lifestyle and consumption habit in current society. One of examples is that people increasingly spent more time on online media.
This trend is also driven by changes in demographic trend.
As upward trend in this industry continues, companies may be able to continue to see large growth in their revenue.