September 09, 2017
As a former professional sports league commissioner, I once held the responsibility of assessing the state of a game. In my case it was basketball and while the setting was Australia where basketball was not among the top three most popular sports, the challenge of acknowledging and solving the problems of the present could never outweigh the obligation of shaping the future.

For football in North America, whether we are talking about the NFL or CFL or whether we include the Power Five conferences of the ACC, Big 10, SEC, Big 12 and Pac 12, we have to make projections about the forces shaping this particular game and where those currents are taking us. For now, I think most of the league commissioners are watching the following sectors and logically taking steps to address the issues suggested:

1) Supply Chain Management: The players are always the game and if fewer talented players select football as their primary sport, the business model will struggle. This is not wholly about concussions but also about the global growth of European football (soccer) and the salaries paid in European football plus esports avidity (video gaming) that is removing vital ‘ingredients’ from the supply mix.

2) Media Landscape Disruption: As millennials cut cables, reject the purchase of television sets and eliminate paid advertising from their various media platforms, rights fees for football broadcasts are threatened. Said another way, this discussion is not about Colin Kaepernick or the Florida State-Alabama game but rather about the way in which ‘fans’ will consume American football in the next decade. If the rights fees flatten, much of the incremental sizzle of promoting the game may diminish.

3) Asset Appreciation and the Next Greatest Fool: Ownership in pro leagues like the NFL is predicated on buying a team for $X and eventually selling it for more than $2X. This always attracts wealthy investors because they know that regardless of what premium they pay for a franchise, they will see their money doubled (and usually sooner than later). They can also generally count on someone else paying a larger premium than they did for that team. When those assets don’t double, there are fewer “fools” in the market and that means an owner has a harder time getting out. If assets don’t appreciate, commissioners get fired.

4) The scarcity of time: In an age when a minute is too long and 140 characters too many, game forms that exceed three hours may force changes to game operations, traditions and consumption. Traditionalists and fans who live for the protection of certain statistics aside, the game form offered in 2017 may require notable alterations to maintain audience engagement. European football enjoys a running clock (as does Australian Rules football and rugby union). Neither sport is built around logical advertising breaks as is found between innings in baseball and possessions in American football. One way or another, the game must change or lose relevance.

5) Labor Disruptions and Work Stoppages: the NFLPA is already signaling they intend for the game to stop at the next round of negotiations. This will be a fascinating showdown between really wealthy individuals and fabulously wealthy individuals. And the result could be the removal of the game from the ala carte menu that either already exists or is coming. If we imagine that the toymakers might refuse to sell their toys during the holiday season, we may finally see a fiery backlash truly threaten the future of American football (in an age of numerous other attractive options).


Football Is A Thriving Business, But For How Long?

Business
Global Vehicle to Grid Market 10 Year Forecast Report 2024-2034 - Supportive Government Regulations and Financial Incentives for V2G Deployment
DUBLIN, March 18, 2024 /PRNewswire/ -- The "Vehicle to Grid (V2G) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering. World revenue for Vehicle-to-Grid (V2G) Market is forecast to surpass US$ 4.31 billion in 2024, with strong revenue growth through to 2034. Escalating Demand for Electricity, Coupled With a Global Commitment to Reduce Reliance on Fossil Fuels, Resulting in a Surge in the Adoption of Electric VehiclesThe vehicle-to-grid (V2G) market is witnessing unprecedented growth driven by a confluence of factors shaping the future of sustainable transportation and power management. Key drivers include the escalating demand for electricity, coupled with a global commitment to reduce reliance on fossil fuels, resulting in a surge in the adoption of electric vehicles (EVs). This market is characterized by opportunities that lie in the integration of renewable energy sources, such as solar and wind, to meet energy demands, while also addressing challenges associated with the variable nature of these sources.The primary driver for the V2G market is the escalating demand for electricity worldwide. Governments and industries are increasingly recognizing the need for sustainable and low-emission solutions, driving the widespread adoption of EVs. The electrification of the transportation sector not only addresses environmental concerns but also provides a unique opportunity for EVs to serve as mobile energy storage units. This bidirectional flow of power, where EVs can both draw and supply energy to the grid, is a key driver propelling the V2G market forward.Opportunities in the V2G market are abundant, particularly in the integration of renewable energy sources. As countries strive to meet ambitious renewable energy targets, V2G technology becomes an enabler for managing the intermittent nature of solar and wind power. This creates opportunities for smart grid solutions and advanced energy storage systems. Additionally, the idle times of parked EVs present an untapped opportunity for bidirectional ...Full story available on Benzinga.com
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SkyPixel 9th Annual Photo & Video Contest Winners Announced
Mar 19, 2024
Competition Receives a Record Number of Submissions that Highlight the Power of Innovation SHENZHEN, China, March 19, 2024 /PRNewswire/ -- SkyPixel, one of the world's most popular online communities for aerial photography and videography, today announces the winners of the SkyPixel 9th Annual Photo & Video Contest. Co-organized with DJI, this year's competition attracted over 130,000 submissions – a 100% increase from the previous year. The contest welcomed submissions from across the creator community, which includes professionals, aerial enthusiasts, and creative newcomers, showcasing their personal histories through the art of visual innovation. A Contest Shaped by You The SkyPixel Annual Photo & Video Contest is a testament to the power of innovation led imagery, honoring stories that shape the art of image capture both on solid ground and amidst the clouds. SkyPixel has cultivated a community-driven platform that reflects the dreams and aspirations of creators worldwide, and the annual competition has been a conduit for people who love image creation to express themselves as it authentically reflects the desires and aspirations of creators worldwide. Industry-Leading Judges The 9th Annual Photo & Video Contest was assessed by a Judging Panel of incredible professionals in the industry. In photography, seasoned experts include Wen Huang, a World Press Photo judge and Senior Editor, and Anne Farrar, Assistant Photography Chief Editor at National Geographic, Nan Li, the Photo Director of Southern Weekly, and Daniel Kordan, a renowned landscape photographer. In the video category, the judges include Michael Fitzmaurice, the Aerial Director of Photography of "Jumanji: Welcome to the Jungle," and Xiaoshi Zhao, known for his award-winning work on "Forever Enthralled." Bing Xi, a prominent figure in the Chinese TVC industry, and celebrated filmmaker Brandon Li round out the panel. After careful deliberation, the panel proudly presents the final winners for the year. 9th Annual Best Work Prize – Video: "Haines Alaska Through the Eyes of Luke Bredar" by Luke Bredar This year's video judging panel, which includes award-winning Cinematographers and Directors of Photography, chose Luke Bredar's video, "Haines Alaska Through the Eyes of Luke Bredar." This short film mixes heart-pounding action shots of a skier racing down a snowy mountaintop landscapes with breathtaking shots of Alaska's mountainous, winter terrain. Luke Bredar details the thought process behind the short film, "The motivation behind creating this video was to evoke themes of otherworldliness, objective risk, the interplay between risk and the essence of human spirit, solitude, impermanence, self-sufficiency, and the journey of incomplete wandering intertwined with heartbreak." This short film is an epic story made in collaboration with Matchstick Productions. Bredar explains how he pursues a better visual presentation through his creative process "I think to myself. How would my child self want to see this filmed? And I almost always get a clear vision in response. There are a myriad of challenges shooting aerial cinematography in mountain environments, but they are all ...Full story available on Benzinga.com
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