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NCAA Tournament Canceled

And Y&R will go on as scheduled. Which speaking of, how long before they suspend production?
 
With the tournament canceled, how will CBS/Turner backfill programming. And will they still be charged a rights fee for an event that never happened.
 
Don CT said:
With the tournament canceled, how will CBS/Turner backfill programming. And will they still be charged a rights fee for an event that never happened.
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This is the first time in its history that the tournament has been canceled. I haven't read anything about the rights fee, but seems to me everything gets returned in some way. There is some event insurance involved covering some costs, but everyone gets a haircut. They may add a year to the new deal CBS & TBS just signed last year. Likely one of those things where the lawyers have to work it out. And the channels just run regular programming.

I was speaking with a exec who told me there's going to be an issue over how this is handled. Insurance companies usually have a clause about "acts of God & nature." So if this is considered an act of God, the NCAA may still be on the hook for venue fees. Someone has to pay, and we'll see how that's handled.
 
Don CT said:
Lots of advertising revenue will be lost. Capital One already started their big campaign.
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In a way, yes, in a way no. Advertising will change and adapt. As I'm typing this, there are agencies for Clorox and hand sanitizers working on strategies. Lots of similar products that will be useful for people in this situation. But yes, the advertising that would have aired in the NCAA Championship and other events will be lost. That is budgeted money that won't be there.
 
This is huge. Great loss for CBS and others, but as someone mentioned there is probably insurance for such instances. Also great loss for athletic departments across the NCAA. Great loss for Vegas too, with potential hundreds of millions lost, combined with the loss of the nfl draft perhaps to come. This is the biggest media interruption in my lifetime. This is going to change the sports landscape for now, hopefully it will be a one and done to use a sports term.
 
seatownmedia said:
Great loss for Vegas too, with potential hundreds of millions lost, combined with the loss of the nfl draft perhaps to come.
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Ah, yes the NFL Draft. That's coming up next month in Las Vegas. So far it hasn't been canceled. Although the NAB Convention that happens the week before in that same town has been canceled. We will likely see an official announcement in a week about that. Also the Masters Golf Tournament. That's happening in less than a month. So far, the PGA has canceled everything up to the Masters. They're waiting to see what happens in the next few weeks.

https://www.al.com/sports/2020/03/pga-tour-calls-abrupt-halt-to-season-until-masters.html
 
TheBigA said:
In a way, yes, in a way no. Advertising will change and adapt. As I'm typing this, there are agencies for Clorox and hand sanitizers working on strategies. Lots of similar products that will be useful for people in this situation. But yes, the advertising that would have aired in the NCAA Championship and other events will be lost. That is budgeted money that won't be there.
Click to expand...

What will ad loads look like two weeks from now? I can't imagine retailers being able to sell advertising in a federal quarantine, or even just statewide quarantines. What if quarantines halt USPS?
Will national network ad breaks be filled with CDC/Federal PSAs about the importance of quarantine? And online apps?
 
crainbebo said:
What will ad loads look like two weeks from now? I can't imagine retailers being able to sell advertising in a federal quarantine, or even just statewide quarantines. What if quarantines halt USPS?
Will national network ad breaks be filled with CDC/Federal PSAs about the importance of quarantine? And online apps?
Click to expand...

Retailers will focus on things like home delivery from local stores, Internet purchases from larger chains.

Services like plumbing, heating, AC and the like will show their employees dressed in protective gear.

New opportunity services like pickup and delivery will emerge.

Over the counter products that sanitize will advertise. There will be new disinfecting services, enhance home and office cleaning and the like.

Remember, even in a quarantine, certain vital services like provision of food, emergency home repairs and the like will be allowed with strict conditions. And those services will thrive.

I was in a 10 day lockdown after a revolution in another country. The leaders recognize that vital services have to continue... of course, in that case each delivery person was accompanied by an armed soldier, which made it a bit intimidating as well as a bit exciting.
 
TheBigA said:
Ah, yes the NFL Draft. That's coming up next month in Las Vegas. So far it hasn't been canceled. Although the NAB Convention that happens the week before in that same town has been canceled. We will likely see an official announcement in a week about that. Also the Masters Golf Tournament. That's happening in less than a month. So far, the PGA has canceled everything up to the Masters. They're waiting to see what happens in the next few weeks.

https://www.al.com/sports/2020/03/pga-tour-calls-abrupt-halt-to-season-until-masters.html
Click to expand...

Yep, even the LPGA in Palm Springs was cancelled today.
 
Don CT said:
With the tournament canceled, how will CBS/Turner backfill programming. And will they still be charged a rights fee for an event that never happened.
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They’ll fill time with programming they have. Someone is tasked with that. Though it hardly seems to be that consequential to know which rerun of NCIS or whatever will air.
 
I visited our Regional Sports Network yesterday afternoon. Most of the folks there were told to go home and wait to hear if and when they need to return to work. When not producing live MLB, NHL, or NBA games, that HQ is a usually a busy place, between hosting various talk shows about regional sports teams, or just building game highlight reels for other networks.

As of today; the only productions still scheduled were a network talk show about sports gambling, and one about fantasy football.
 
AbrahamJSimpson said:
They’ll fill time with programming they have. Someone is tasked with that. Though it hardly seems to be that consequential to know which rerun of NCIS or whatever will air.
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At least TBS and CBS don't depend on sports programming to fill every hour of the broadcast day. Reruns of dramas and sitcoms and even music specials will get more eyeballs on those networks than old games, highlight films and athlete profiles will on any of the sports networks. Especially dire is the outlook for the single-sport channels and dedicated pro league and college conference networks.The entire global sports scene is rapidly shutting down; there won't even be Japanese or Korean baseball, European basketball, hockey, tennis, etc. to throw into the vacated time slots. The only way this could have been more of a disaster for sports television is if it had happened in October, wiping out the World Series and huge chunks of the NFL and college football schedules.
 
Kelly A said:
I visited our Regional Sports Network yesterday afternoon. Most of the folks there were told to go home and wait to hear if and when they need to return to work. When not producing live MLB, NHL, or NBA games, that HQ is a usually a busy place, between hosting various talk shows about regional sports teams, or just building game highlight reels for other networks.

As of today; the only productions still scheduled were a network talk show about sports gambling, and one about fantasy football.
Click to expand...

The latter will click merrily along, because right now, while the draft may be delayed or conducted by teleconference, the NFL season is a long way off and there's always a lot to yap about in the off-season for fantasy players.

But how long will the former go on without games to gamble on? Horse racing, at least in the US, is apparently going to continue without on-site spectators (which won't matter much, since most betting is now online or at remote simulcast locations anyway) but it will only take one sick trainer, jockey or even a groom to shut down any given track -- and hardly anyone has cared about the sport for decades outside of the Triple Crown races, so it's an unlikely vehicle for a TV show about sports gambling.
 
Kelly A said:
I visited our Regional Sports Network yesterday afternoon.
Click to expand...

I have a friend who just took a job a few weeks ago with a company that contracts sports event production (mostly basketball/baseball) with FS1. He's laid off indefinitely.
 
These cancellations, NCAA, NHL, NBA, etc. will have a significant adverse economic impact. Employees in the arenas will lose income, broadcasters will lose advertising revenue and so on.
 
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