Broadcasting rights are the largest source of revenue for any sports event – Nahaz

Broadcasting rights are the largest source of revenue for any sports event – Nahaz

Organising sporting events is a lot of costs. Often times it is not covered by merchandising and ticket sales. One of the biggest sources of revenues is via selling broadcasting rights to the highest bidder. In esports, broadcasting has always been associated with twitch. Last year we saw ESL Move towards Youtube in an attempt to diversify their movement.

However this year we saw ESL sell the exclusive broadcasting rights to Facebook, a move which has received a huge backlash from the community. The ESL One Genting tournament saw record low viewership numbers and definitely unbecoming of a tournament which is supposed to be hyped.