Sport as big business

Cards (6)

  • ABS 2003 - 4: Australian households spent $6.3 billion on sports products
  • everyday athletes as consumers
  • to ensure sales; new products, fashions and technologies
  • growth in modern sports also resulted in a growth of costs
  • e.g. CBS, Foxtel and NBC pay $2 billion to broadcast the Super Bowl
  • Kerry Packer:
    • changed colour of the uniforms to make it easier to watch cricket
    • put lights in stadiums so they could play at night so people could attend
    • they capitalise on the rivalries between nations
    • tiered seating and corporate boxes
    • stadiums branded by their sponsors (Accor stadium)