NFL Sunday Ticket-YouTube TV deal: Here's what Google will need to break even – Yahoo Finance

Execs at Alphabet (GOOG, GOOGL) better hope people really, really enjoy watching football on YouTube instead of — or in addition to — their broadcast networks.
Baird internet analyst Colin Sebastian estimates in a new note that Alphabet-owned YouTube TV will need to attract 2.25 million annual subscribers for Sunday NFL Ticket to reach a revenue breakeven point.
"We estimate that roughly 1.7 million would be new subscribers to YouTube TV (and pay the standard YTTV monthly fee), with about 500k up-sells to the NFL service. We also estimate that YouTube would generate about $125 million in annual streaming ad revenues from the NFL deal," Sebastian adds.
Sebastian reiterated an outperform rating on Alphabet shares.
Earlier this month, Alphabet became the latest tech giant with almost unlimited cash to enter the pricey NFL streaming waters.
YouTube signed an exclusive streaming deal for the NFL's Sunday Ticket package of games in the U.S. The price tag on the deal for Google is a reported $2 billion a year. The deal kicks in at the start of the 2023 NFL season.
Alphabet is a touch late to the party.
Amazon (AMZN) shelled out a whopping $11 billion in 2021 to obtain the exclusive streaming rights for Thursday Night Football over the next decade. Games began getting streaming this NFL season.
Apple's (AAPL) new MLS Season Pass will debut on February 1, 2023, on Apple TV.
The next player eyeing the sporting arena is reportedly Netflix (NFLX). To date, the company has had success with sports franchises such as "Formula 1: Drive to Survive."
Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.
Click here for the latest trending stock tickers of the Yahoo Finance platform
Click here for the latest stock market news and in-depth analysis, including events that move stocks
Read the latest financial and business news from Yahoo Finance
Download the Yahoo Finance app for Apple or Android
Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and YouTube
Related Quotes
Travelers also are increasingly interested in going abroad, somewhere sunny, or places focused on self-care.
Sam Bankman-Fried said in an affidavit he bought Robinhood shares with funds borrowed from Alameda. The admission throws a wrinkle into a lawsuit from crypto lender BlockFi, which says it was promised the shares as collateral against a loan taken out by Alameda.
Fox scored the most-watched telecast on Christmas Day with 25.9M people tuning in to watch the Green Bay Packers vs. the Miami Dolphins. This marks the third year in a row that an NFL game on Fox has delivered the highest viewership on December 25, competing with two other NFL matchups on other networks — […]
The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% in the last 12 months, trailing a 7.1% increase in the cost of living. The personal saving rate — meaning personal saving as a percentage of disposable income, or the share of income left after paying taxes and spending money — hit 2.4% in the third quarter from 3.4% in the prior quarter, the Bureau of Economic Analysis said. Are people buying stocks during a bearish market, and/or have they run out of their pandemic-era savings?
This is not exactly a winning weekend upcoming of NFL football. The Monday night matchup between Buffalo (12-3) and Cincinnati (11-4) is the only one in Week 17 that features two teams with winning records. The last time it happened was in Week 16 of the 2011 season when Atlanta (9-5) faced New Orleans (11-3).
A major winter storm struck most parts of the U.S. over the holidays, leading to thousands of flight cancellations. Southwest Airlines bore the brunt of it, with more than 8,000 flights canceled between Dec. 22 and 26.
The popular NFL Sunday Ticket is getting a new home for the first time in almost 30 years. The Sunday Ticket package, which once lived on DirecTV, is now making its way to YouTube TV after being part of DirecTV’s satellite service since its inception in 1994. The NFL announced news of the recently inked […]
China’s re-opening may take a bite out of the country’s all-important auto sector. The South China Morning Post (SCMP) reports that a flare-up in Covid-19 cases will hit China’s EV industry, resulting in a loss of 600,000 in EV sales in the first quarter of next year. Citing data from the partially owned China International Capital Corporation (CICC), the report finds that the flare up in cases will create disrupted production, and reduced demand.
Once a symbol of extravagant wealth, $1 million is now the retirement-savings goal for millions of Americans. For retirees able to accumulate $1 million in savings, the funds translate into inflation-adjusted income of $40,000 in the first year of a three-decade retirement using the 4% spending rule. With the addition of the average annual Social Security payment for retirees of about $20,000, a $1 million nest egg can replace about 85% of a $70,000 median household income.
He spoke with Judy Battista for NFL Network.
Congress passed the long-awaited SECURE 2.0 Act of 2022 that promises to restructure most Americans' 401(k) plans and change retirement contribution and withdrawal rules to help Americans grow and preserve their nest eggs. The SECURE 2.0 Act came as part … Continue reading → The post The SECURE 2.0 Act and Your Retirement Savings: Expect to See These Big Changes appeared first on SmartAsset Blog.
The S&P 500 is down nearly 20% year-to-date with only a few trading days left in 2022, on pace for its biggest calendar-year drop since 2008. The carnage has been even more severe for the Nasdaq Composite, which had tumbled by nearly 34% so far for the year. High-profile casualties include the once-soaring shares of Amazon.com Inc, which have slumped around 50% this year, while those of Tesla Inc are down some 70% and Facebook parent Meta Platforms Inc shares have lost about 65%.
Yahoo Finance sports reporter Josh Schafer breaks down the outlook for Amazon's own sports streaming app amid its Thursday Night Football broadcasts and competition with cable providers.
The worst may be over for the stock market for this cycle, but many economists see more pain ahead for 2023, including a possible recession that will create poor financial-performance comparisons for companies and send stock prices even lower. Greg Adams, director of quantitative and risk management at fund manager Alger, recommends that investors focus on companies with solid balance sheets and strong cash flow to endure tough times. Alger is based in New York and has $26 billion in assets under management.
U.S. stocks sank Wednesday, extending a sharp year-end slide as investors hobbled toward the end of a gruesome 2022.
Best Buy's (BBY) stock may be slightly outperforming the S&P 500 in December, but that doesn't mean it's sitting on bang-up holiday quarter financials amid a more cautious consumer-spending backdrop.
BETH PINSKER If you’re getting crushed by inflation and you have any money sitting in your 401(k), you may be wondering how you can get at it. In that kind of situation, something called a “hardship withdrawal” sounds like it would fit the bill.
Assets in direct indexing are expected to climb to $825 billion by 2026, from roughly $462 billion now.
At least one analyst on Wall Street sees Tesla's stock recovering.
Dozens of changes are coming to America's retirement landscape.

source