11/14/2013

North American sports media rights are projected to grow to $17.1 billion in 2017 from $11.8 billion in 2012, PricewaterhouseCoopers reports. "Fundamental ratings for the telecasts will remain strong," said Adam Jones, director of the firm's Sports Advisory Services. "Live sports provide a value for advertisers to reach audiences that are not nearly as susceptible to competing on-demand consumption trends." Meanwhile, the entire sports market, which also includes sponsorships, merchandise and gate revenue, is set to rise to $67.7 billion from $53.6 billion in 2012.

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