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SportBusiness Podcast: MLS & Big Apple Deal News

by Alex Carter - Sports Editor

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Soccer (MLS) is renegotiating its landmark Apple TV deal, taking a percentage of subscription revenue. Learn about the financial implications and future of MLS broadcasting.">

MLS Takes Slice of⁣ Landmark Apple TV Deal

Major League soccer (MLS) ​is poised too receive a percentage of ⁢subscription revenue from ⁢its groundbreaking ten-year​ broadcasting deal ⁢with ⁣Apple, according to sources familiar with the⁣ negotiations. This marks a meaningful shift from the initial agreement,where MLS received a guaranteed fee regardless⁣ of subscriber ⁢numbers.The move reflects the league’s growing confidence ⁣in the partnership and ⁣the increasing value of its content.

The original deal, announced in 2022, saw‌ Apple‌ become‌ the sole distributor of MLS matches globally via its Apple TV platform. It represented a bold move for ⁤both parties, aiming‌ to reach a wider audience and build a direct-to-consumer model.This ​is a transformative moment for Major League Soccer, said Don Garber,​ MLS commissioner, at ‍the ⁤time‍ of the declaration.

Financial Implications and ‌Timeline

The renegotiation comes⁣ as Apple TV’s subscriber⁣ numbers for MLS Season Pass have exceeded expectations. While Apple has not publicly disclosed specific figures,⁢ industry analysts estimate the service has⁣ attracted hundreds of ​thousands of subscribers. The exact percentage MLS will⁢ receive remains ⁢confidential, ​but sources indicate it will be ⁣a substantial share of the incremental ⁤revenue generated beyond a certain subscriber ⁣threshold.

Event Date
Original Apple/MLS deal Announced June 2022
MLS Season Pass Launches on apple TV February 2023
Renegotiation Discussions Begin Late 2023
Agreement⁢ on Revenue Share Reached Early 2024

Did You Know?

The Apple/MLS⁣ deal was ⁤the first time a major north American sports league had partnered with‌ a streaming⁤ service for exclusive⁢ global distribution of its‌ games.

Impact on League and Clubs

The revenue share agreement is expected ‌to ⁢considerably ​boost the financial‍ health of ‍MLS and its clubs. ⁢ It provides a‌ direct incentive for the league to⁣ continue growing its⁤ subscriber base and enhancing the quality of its broadcasts. This could⁤ lead⁣ to increased investment in player growth, ‍stadium infrastructure, and marketing initiatives.

Pro Tip: ‌Keep an⁣ eye on ‌Apple TV’s subscriber numbers for MLS Season Pass – ⁢they will be​ a key indicator of the deal’s⁤ success and⁤ future negotiations.

Future ‌of MLS Broadcasting

This renegotiation signals a broader trend in sports ‌broadcasting,where leagues are seeking greater control⁤ over their content and a larger share of the revenue generated from streaming services. The success of the Apple/MLS partnership could ⁣serve as ‌a model for other leagues‌ looking ‌to ‌explore direct-to-consumer options.⁢

SportBusiness Group ⁤- Provides ⁤ongoing coverage‍ of the business of sport, including broadcasting deals and financial​ analysis.

The deal’s long-term implications are still unfolding, ⁢but it’s clear that MLS is positioning‍ itself for‍ continued growth and success in the evolving landscape of sports broadcasting.

What are‌ your thoughts on MLS’s decision to renegotiate⁤ its Apple ⁤TV deal? Do you think this model will become more common in other sports leagues?

Background and Trends in Sports streaming

The shift towards streaming in sports is driven by changing consumer habits and the desire for⁣ greater adaptability⁣ and accessibility. ​Customary cable‍ television subscriptions are declining, while ⁢streaming services are gaining popularity. This trend has created new opportunities for leagues ⁣and teams to connect directly with ⁤fans⁣ and generate revenue. The Apple/MLS deal is a prime example of ‌this evolving landscape, demonstrating the potential of direct-to-consumer streaming ‌models.

Frequently Asked questions about‍ the MLS ⁣Apple Deal

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