Why live sport is a 'magic serum' for TV - but not everyone is winning
Briefly

Mark Shapiro described sports broadcasting as 'a unicorn' and 'the magic serum', underscoring its unique appeal in an era of declining TV viewership as media rights soar.
Despite a general drop in television audiences, live sports rights surged to a record value driven by major events and increased global competition, reaching unprecedented heights.
The Premier League's overseas media rights have increased by 23% for the 2025-28 cycle, highlighting growing global demand for top-level football content.
The NBA's recent deal with Disney, NBC, and Amazon, worth $59bn, exemplifies the shift towards streaming services engaging with live sports, marking a pivotal industry trend.
Read at www.bbc.com
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