The economics of sportscast revenue sharing

TL;DR

This paper surveys the economic literature on revenue sharing in sports broadcasting, highlighting the challenges of revenue allocation from collective media rights sales in the sports industry.

Contribution

It provides a comprehensive review of existing economic analyses related to revenue sharing mechanisms in sports broadcasting.

Findings

Highlights key economic issues in revenue sharing

Identifies challenges in allocating collective broadcasting revenues

Summarizes existing models and approaches

Abstract

Sports are one of the most significant products of the entertainment industry, accounting for a large portion of all television (and even platform) viewing. Consequently, the sale of broadcasting and media rights is the most important source of revenue for professional sports clubs. We survey the economic literature dealing with this issue, with a special emphasis on the crucial problem that arises with the allocation of revenues when they are raised from the collective sale of broadcasting rights.