Expand chart
Data: PwC Sports Outlook 2018; Chart: Lazaro Gamio/Axios

Media rights are the biggest sector within the sports industry in North America, according to a new report from PwC. Amid a flurry of increased digital competition for rights, they are expected to be the fastest growing,

Between the lines: More digital streamers, including Big Tech companies and media conglomerates, are vying to win the rights to lucrative sporting events, many of which are up for renegotiation over the next few years.

  • CNBC reported last week that Amazon has tossed a bid into the ring for Disney's 22 regional sports networks. It comes amid a broader push by the tech giant to win live sports rights, like its Thursday night NFL streaming deal.
  • John Skipper, who resigned as head of ESPN late last year, is back and looking to build a new global sports media giant in the U.S. called DAZN. Last week DAZN announced a deal with Major League Baseball that will allow it to show live look-ins throughout its prime-time programming in the U.S.

Yes, but: As Bloomberg's Gerry Smith notes, "Sports is moving to the internet. But the internet still isn’t ready for sports."

  • Last week, "AT&T Inc. was forced to make a pay-per-view golf match between Phil Mickelson and Tiger Woods free to watch on Friday after suffering a glitch processing customers’ online purchases."
  • "In August, Amazon had problems live streaming the U.S. Open for U.K. viewers, with fans complaining about poor picture quality and functionality.
  • "In July, YouTube’s TV service crashed while England and Croatia played in the World Cup semifinals."
  • "In February, some Hulu viewers got error messages during the final moments of the Super Bowl.

The bottom line: Digital streamers want to win sports rights to lure customers, but they're going to have to prove that their service will be a better live experience than linear television.

Go deeper:

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Pence chief of staff Marc Short tests positive for coronavirus — COVID-19 looms over White House Halloween celebrations
  2. Health: Fauci says maybe we should mandate masks if people don't wear them — America was sick well before it ever got COVID-19
  3. World: Polish President Andrzej Duda tests positive for COVID-19.

Pence chief of staff Marc Short tests positive for coronavirus

Marc Short with Katie Miller, Vice President Pence's communications director, in March. Photo: Doug Mills/The New York Times via Reuters

Marc Short, Vice President Mike Pence’s chief of staff, tested positive for the coronavirus Saturday and is quarantining, according to a White House statement.

Why it matters: Short is Pence's closest aide, and was one of the most powerful forces on the White House coronavirus task force.

9 hours ago - World

Opposition leader Leopoldo López flees Venezuela

Venezuelan opposition politician Leopoldo López outside the Spanish embassy in Caracas, in 2019. Photo: Juan Barreto/AFP via Getty Images

Leopoldo López, a former political prisoner and prominent Venezuelan opposition leader, has left the country, his Popular Will party confirmed in a statement Saturday.

Why it matters: He's been highly influential in the push to oust President Nicolás Maduro's regime and a mentor to opposition leader Juan Guaidó. He'd been in the Spanish ambassador's Caracas residence since escaping house arrest in April 2019 following a failed military uprising.