Kukla's Korner Hockey
Building the NHL as a Media Company
by Alanah McGinley on 10/05/11 at 02:46 PM ET
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From Tom Van Riper at Forbes:
Forbes estimates that league wide revenue grew 29% from 2006 to 2010, to a total of $2.93 billion. That trend would put the league on course to meet Commissioner Gary Bettman’s post-lockout goal to surpass $3 billion. Lacking NBA or MLB-type cable money, NHL clubs fuel a big chunk of their growth both at the gate and through a digital strategy that has yielded increasingly popular content on NHL Network, NHL.com and NHL Mobile.
“We felt we needed a halo on top of the local markets,” says John Collins, the NHL’s Chief Operating Officer. Charging $169 for the season to give fans access to any game on any night, the league’s subscription fees and ad sales from its digital business now account for 60% of national revenue (that money secured by the league over and above individual franchise revenue derived locally). “Over the past five years we’ve transformed ourselves from a licensing company into a media company,” says Collins of the NHL’s decision to build out its own media platforms itself instead of simply licensing the rights.
Filed in: NHL Talk, NHL Business of Hockey, NHL Media, Hockey Broadcasting, NHL Network, | KK Hockey | Permalink
Tags: john+collins,
media
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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