Envibe
With its sleek good looks and easy-to-use yet powerful functionality, Envibe is the premium fitness club software for the Australasian leisure, recreation and fitness industry. We are the most…
read moreLatest analysis from Omdia - a technology research and advisory group based in London and part of Informa Tech - has revealed the FIFA Women's World Cup to be the most valuable women's competition globally in terms of media rights with revenues of $70-100 million expected in 2023.
The new research published ahead of this week's Women's World Cup tournament identified seven of the top-11 most valuable women's events are football league championships, reflecting the global appeal of the sport and the success the women's game has had establishing itself across the world.
However, the gap with men's competitions remains stark. Omdia Senior Data Analyst, Ed Ludlow notes "FIFA caused a stir when it announced that the offers it had received for rights to the Women's World Cup were 1-2% of the value it had collected for the men's competition, but a quick glance at other leading leagues reveals that the problem is endemic.
“As of 2023, Women's Tennis Association rights are only worth a third of the Association of Tennis Professionals; and the WSL is 0.2% of the value of the Premier League.
"In recent years, women's sport has seen an uptick in television coverage, healthy attendances at live events, and growing sponsorship revenue. The next hurdle for women's leagues is securing media rights deals that rival men's sport."
The US women's basketball league, the WNBA, is worth 58 times less than its equivalent male league, the NBA, which takes $3.1 billion annually for its media rights.
Women's sport can attract audiences that do not engage with men's events. Omdia's consumer research indicates that 22% of WNBA viewers do not watch the NBA in the US and 12% of WSL viewers do not watch the Premier League in the UK.
Sports streaming service DAZN has launched women's sport on free ad-supported streaming TV (FAST) channels as well as behind a paywall. Other smaller leagues are joining this trend on a trial basis.
"Streaming service DAZN is placing a heavy emphasis on women's sport, paying more for media rights globally than any other broadcaster or platform," concluded Ludlow.
More information on Omdia
Image top: Building upon their role as an Official Broadcaster of the tournament through Optus Sport, Optus has also been named as an Official Supporter of the FIFA Women’s World Cup Australia & New Zealand 2023™; Infograph. Media rights values of 10 largest women's leagues and equivalent men's competition 2023. Credit: Omdia
17th July 2023 - State Football Centre in Perth’s Queens Park unveiled ahead of FIFA Women’s World Cup 2023
17th July 2023 - New Tourism Australia campaign looks to leverage FIFA Women’s World Cup 2023
16th July 2023 - State Library of Western Australia celebrates FIFA Women’s World Cup 2023 with interactive exhibition
15th July 2023 - No rainbow armbands or ‘political’ symbols for players or fans at FIFA Women’s World Cup
13th July 2023 - adidas launches new campaign to celebrate 2023 FIFA Women’s World Cup Australia and New Zealand
5th July 2023 - Yadea becomes tournament supporter of FIFA Women’s World Cup 2023
29th June 2023 - FIFA and Destination NSW to host FIFA Fan Festival in Sydney’s Tumbalong Park
24th June 2023 - Optus named an Official Supporter of the FIFA Women’s World Cup Australia & New Zealand 2023
16th June 2023 - Major venue upgrades completed at Wellington Stadium ahead of FIFA Women’s World Cup 2023
1st June 2023 - FIFA Women’s World Cup 2023 sells over 850,000 tickets
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