Facing shrinking stadium attendance and cord-cutting at home, sports leagues and networks are clamoring to get ahead of new revenue-rich opportunities.
What to watch: Esports, despite still being in its infancy, is exploding in terms of both revenue and audience. The legalization of sports betting could cause the sports market to balloon by tens of billions of dollars, driving an entirely new content industry.
During tomorrow's Super Bowl, more than 100 million of us will do something that's becoming rarer in the era of streaming and smartphones: We'll watch a live event — together — with friends and family.
But there's already a certain nostalgia to the day.
The big picture: The global esports economy was estimated to reach nearly $1 billion in 2018 and is expected to nearly double by 2021, thanks in part to the incredible success of games like Overwatch and Fortnite.
The bottom line: The sports industry is booming. But the ways people experience, consume and engage with the game are changing faster than ever.
Go deeper: Read the full special report
