Sep 16, 2024, 4:07 PM
Sep 16, 2024, 4:07 PM

NFL Week 1 Ratings Surge: Media Companies Set to Gain

Highlights
  • The 2024 NFL season began with high viewership, including 22.8 million for NBC and Peacock's Sunday Night Football.
  • Media companies like Comcast and Amazon are expected to benefit significantly from the NFL's popularity and their broadcasting rights.
  • The strong ratings demonstrate the financial advantages of NFL rights, leading to increased advertising revenue and streaming subscriptions.
Story

The 2024 NFL season has kicked off with impressive viewership figures, indicating strong interest from fans globally. The opening week featured significant games, including a Sunday Night Football match that attracted an average of 22.8 million viewers across NBC and Peacock, and Disney's Monday Night Football, which garnered 20.5 million viewers across various platforms. Amazon's first Thursday Night Football game of the season also saw a notable average of 14.96 million viewers, marking a substantial increase from the previous year's average. Media companies are reaping the benefits of these high viewership numbers, as they have invested heavily in acquiring NFL broadcasting rights. The strong ratings from the opening week highlight the financial advantages of holding these rights, which can lead to increased advertising revenue and a boost in streaming subscriptions. Comcast, in particular, is poised to gain significantly this season due to its additional primetime game and the potential growth of its Peacock streaming service. Amazon's exclusive streaming deal with the NFL has not only enhanced its brand visibility but has also resulted in a rise in Prime Video subscriptions. This trend is encouraging other streaming platforms, such as Netflix, to consider investing more in live sports rights, which could further change the landscape of sports broadcasting. Overall, the NFL's partnership with media companies creates a mutually beneficial scenario, where the league secures substantial revenue, while broadcasters enjoy high viewership and advertising opportunities. The ongoing success of the NFL season is likely to continue driving interest and investment in sports media rights.

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