Entertainment Exec: New NBA Media Deals An Example Of 'Transfer Of Wealth From Hollywood To Sports Leagues'

[RealGM Wiretap]

Hollywood agents and writers have begun complaining that the NBA's 11-year, $76 billion deals with Disney, NBC and Amazon will impact their businesses as there will be fewer new scripted television shows and fewer reruns, which will result in lower residuals. 

NBC’s deal alone will replace more than 150 hours of broadcast TV entertainment with live NBA programming on Sunday and Tuesday nights, which excludes the playoffs. 

One veteran media executive who wished to not be named in the Hollywood Reporter story described the deals as a “transfer of wealth from Hollywood to the sports leagues.”

Disney said that it expects to spend $25 billion on content this year, down from $27 billion in 2023. Forty percent of its content budget is dedicated to sports and sports-adjacent programming. 

“There’s less money overall, and more of that money is being allocated toward sports,” says Jonathan Miller, a former NBA executive who serves as CEO of Integrated Media, which specializes in digital media investments. “The sports audience is a more or less a guaranteed audience: predictable, you can sell against it, you kind of know where it’s going to fall within ranges.”

Via Alex Weprin/Hollywood Reporter

[Revived]

If you have a kid that’s tall, better teach him how to dribble a ball or run a route asap.

What a time to be genetically gifted.

[Kent]

Cry me a freaking river, agents and writers lol

Produce better and cheaper entertainment then.

[Cyclonus12]

If writers are concerned that Disney is going to spend $2 billion less on "content" next year, and that the amount of that budget spent on sports will grow to 40%, maybe they should take it upon themselves to make the most of the money they do get, and write some actual good "content", as opposed to complete horse$hit like The Marvels and The Acolyte.

[the_process]

If writers are concerned that Disney is going to spend $2 billion less on "content" next year, and that the amount of that budget spent on sports will grow to 40%, maybe they should take it upon themselves to make the most of the money they do get, and write some actual good "content", as opposed to complete horse$hit like The Marvels and The Acolyte.

Yep, there is a lot of bad content out there.

As an artist, you are entitled to make the project you want. However, you are not entitled to have it paid for by a producer nor are you entitled to have it viewed in any medium by anyone.