When you are dealing with sports rights management, there is a great deal more involved with the process today than there has ever been. If you are business owner or manager, and you have spent a considerable amount of time, effort, and money building your brand through the years, then you understand that you investment is worth protecting. Sports federations and agencies have also spent considerable fortunes to promote their activities regionally as well as around the world.
When you are looking to gain new broadcast rights or find new sales and marketing solutions for your company, organization, brand, or other factor, then you have to pay attention to the new modern media that has evolved during the past decade.
Ten years ago the concept that people would be able to connect to the Internet from just about anywhere in the world and download or watch sporting events or other events on their mobile phones or portable computers was an idea that may have been laughable. Today, it’s a way of life for many die hard fans of a variety of sports and activities.
With this new modern media platform, there are new challenges that face entertainment companies from around the world. One cannot broadcast the same level of quality that is viewed on the television to many mobile devices. Web streaming limits the quality significantly, which can affect one’s brand in a negative way.
Also, procuring rights to these events, such as international horse racing, requires consideration of these new media platforms. If your company wishes to procure the broadcast rights of a particular horse race, for example, and does so with only a narrow vision that includes television, then what would be keeping another organization or competitor from acquiring those important modern media broadcast rights?
Horse racing is a major sport around the world and there are many showcase events that are attempting to reach out to a new audience around the world. When these organizations focus on the new modern media as a powerful and legitimate platform, they begin to open themselves up to greater possibilities. That’s why paying attention to the new platforms of modern media, especially those that are broadcast over the Internet, is such a crucial step to success in this day an age.
It doesn’t matter whether your business is seeking more marketing strategies, or a larger audience, sports rights management needs to focus on not just the traditional methods but also the new formats that modern technology provides.