Welcome back to The Varsity, where my attention will be on tonight’s Stanley Cup Final,
tomorrow’s NBA Finals… and the Orioles in between.
My Puck partner Matt Belloni broke some news on X this afternoon about Netflix comms chief Emily Feingold, who is leaving the streamer after eight years. “Pretty big shocker, she’s very good,” Matt posted. No word yet on where Feingold is headed or who’s going to replace her.
In
tonight’s issue, ESPN content chief Burke Magnus stops by to discuss how his team seamlessly absorbed Inside the NBA’s movable feast, what life is like in Bristol now that NFL Network is fully part of the family, and the NHL’s future as a media property. Our conversation is an early preview of our full discussion on the Varsity podcast. Be sure to listen when the full episode drops tomorrow.
Also up top, I explore some fresh research that will put dollar
signs in the eyes of every sports league doing business with a streaming platform, and some news on Roger Goodell’s invite to the House Judiciary Committee’s upcoming hearing on the Sports Broadcasting Act.
Also mentioned in this issue: Mike Breen, Tim Corrigan, Gordon Gee, Tim Legler, Clay Travis, Richard Jefferson, Ted Cruz,
Lance Holtzclaw, Jim Jordan, Pete Bevacqua, Teresa Gould, Stephen A. Smith, Pat McAfee, Mike McQuaid, Nick Saban, and more.
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- Goodell will send his regrets: As Donald Trump’s Washington continues to explore regulatory solutions for the very many pressing issues rattling pro and college sports, a fresh batch of athletes and officials will be making their way to the capital for testimony in the coming days. Late Monday, Senator Ted Cruz announced a witness list for a Wednesday hearing at the Senate Commerce Committee on the Protect College Sports Act. Notre Dame
A.D. Pete Bevacqua, former Alabama coach Nick Saban, University of West Virginia president emeritus Gordon Gee, Pac-12 commissioner Teresa Gould, and Utah defensive end Lance Holtzclaw are all set to testify. Oh, and I have been reliably told that none other than Dan Marino is supposed to be on the Hill tomorrow to brief legislative directors on Cruz’s bill.
Meanwhile, NFL commissioner
Roger Goodell is going to “politely decline” Rep. Jim Jordan’s request to appear at a House Judiciary hearing on the Sports Broadcasting Act set for next Wednesday, per some of my D.C. sources. Seems the subcommittee will have to make due with Outkick’s Clay Travis, who is reportedly already scheduled to appear. - A big-event feel: ESPN and the NBA were criticized last year for
failing to make the Finals games feel like big events—a tall order, I suppose, considering the games were played in the provincial backwaters of Oklahoma City and Indianapolis. If you remember, the games had the look and feel of regular-season games: Courts carried no special championship series signage and ESPN decided not to telecast team introductions, at least not for the first few games of the seven-game series won by the Thunder.
That’s all going to change this week. When
the Finals start tomorrow in San Antonio, the court will have the NBA Finals logo. And ESPN has committed to showing the national anthem and player introductions for each game in the series, something NBC has done before every game this season. ESPN will also roll out a new graphics package “to make sure it doesn’t look and feel like everything else we’re doing,” said ESPN’s senior V.P. of sports production, Tim Corrigan. They’ll also have an 80-second open for each
game. “We considered doing one open for the Finals, which is what we did for a number of years,” Corrigan said, “but once you start considering all the people and all the moments, you don’t want to leave anybody out.” Of course, the games will also feature the collective bloodlust and anxiety of tens of thousands of Knicks fans, who are watching their first credible contender since 1994. (Enough with the 1999 stuff, please…) - The
migration to streaming: Here’s some research that every sports league and conference will want to staple to the whiteboard: Ad-supported tiers are growing faster than the ad-free options for streaming services. In fact, 78 percent of new streaming subscribers over the past nine quarters picked an ad tier, per a report released by Antenna this morning. All told, ad tiers now account for 48 percent of total streaming subs.
Of course, streamers have figured out that the surest way to grow ad tiers is
through live programming, especially popular sports. Forty-four percent of the audience for Netflix’s Christmas Day NFL doubleheader was composed of “light viewers”—i.e., drive-by subscribers who don’t stream as much programming as their peers. Typically, a December Netflix audience includes just 32 percent of those light viewers. That’s a covetable demo for advertisers to extend their reach, the report noted, and this tier obviously offers media companies the value of two
revenue streams. Worth keeping in mind the next time the streamers come looking for a game or six.
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And now for the main event…
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ESPN’s indomitable content chief, Burke Magnus, on losing talent to the NBA
sidelines, the heat around the NHL, and what he learns from the way his kids watch sports.
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| John Ourand
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Under Burke Magnus’s leadership, ESPN’s content group has undergone a ton of
changes. In just his first three years as president of the division, Magnus has leaned into leveraging ESPN programming on other platforms—the impetus behind deals with Pat McAfee and Stephen A. Smith. This season, Magnus also pushed to carry Inside the NBA, the beloved studio show that is still produced in Atlanta by TNT Sports. Moving forward, he’ll run point on integrating NFL Media content into ESPN and figuring out whether ESPN should renew and
expand its MLB.TV deal. Magnus discussed these issues (and more) during an appearance on the Varsity podcast, which posts tomorrow. We’re giving you a sneak preview tonight with a transcript that has been lightly edited. Enjoy!
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“Fandom Looks Totally
Different”
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John Ourand: You’ve made moves like giving Pat McAfee an
afternoon timeslot and signing Stephen A. Smith to a $20 million-per-year deal. You’ve leaned into more remote productions. Where have you made the biggest impact on ESPN’s content?
Burke Magnus: This is where I’ve really leaned on my two kids as they went through high school and college. Kids can be every bit as big a sports fan as I was when I was their age, but their experience looks totally different. The way they express their fandom looks totally different. One of
the great secret weapons that we have is our digital and social, how ESPN shows up on apps like Instagram or TikTok. It’s critically important for relevance, and critically important to reach younger fans that might not be experiencing you as much on television.
One of your biggest moves was to bring over Inside the NBA. You’re one season in—give us a report card. Does it need tweaks?
It has worked wonderfully. The
production crew at Turner and the talent have all been fantastic to work with. All we did was put the ESPN logo on the desk and let those guys do their thing. If I could change something, it’s really unrelated to how the show appears onscreen. I would like to spread the shows over more of the regular season. It’s quite back-loaded at this point—we didn’t really get going until Christmas Day. It’s been incredible in the postseason because they’re on basically every single
night.
Let’s talk about the NBA booth. Two years ago, you had Mike Breen, Doc Rivers, and JJ Redick. Then Doc and JJ both left for NBA coaching gigs.
We’re the cradle of coaches, that’s what I like to say.
How do you stand on ESPN’s NBA booth right now?
Mike Breen is the best in the business, so that was a great foundation to work from. We very consciously put Richard Jefferson and Tim
Legler together on almost every single game they worked, because we wanted them to get as many reps as they could going into the postseason, and I think that’s really paid off. Credit to [E.V.P. of sports production] Mike McQuaid on that decision, and [S.V.P. of sports production] Tim Corrigan, for putting them in a position to really hit their stride. I feel like we have now landed on a combination that can take us through a bunch of
years.
You are at the end of year one on a new NBA deal, sharing rights with Amazon Prime and NBC. How has this year been different from previous ones?
That was a bit of a learning curve. Turner had been our partner for many, many years and we knew exactly how things were going to come down. Having two new players, and three partners on the national level instead of two, led to a different scheduling matrix—both during the regular season and into the postseason—in
terms of who got what and when. That all works itself out.
ESPN’s NHL viewership was up across the board. In fact, the NHL saw close to a 70 percent ratings jump in the first round of the playoffs this year. What do you attribute that to?
It’s a combination of things, including the Olympics and the 4 Nations. We have a Stanley Cup matchup with Carolina and Vegas that’s different from the past two years, when we had Florida and Edmonton two years in a row. Plus,
the NHL has been creative with their tentpole events, like the Winter Classic and the Stadium Series. There’s a lot of heat around the sport right now.
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Eventizing the Schedule Release
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The NFL now owns 10 percent of ESPN, and you’re the executive overseeing NFL Network. NFL
Network had its own distinct draft coverage this year, but ESPN decided to simulcast its schedule release show. What kind of changes should we expect?
It’s going to be situational. The schedule-release show is much smaller than the draft, so that was an easy opportunity. What you’ll see in those cases is, we’ll incorporate NFL Network talent where we might simulcast a show on ESPN and NFL Network. But in terms of the draft, I think we’ll take the opposite approach. The draft is
such an enormous thing. We’re already doing multiple shows on ESPN and ABC. I would argue it’s an easy decision in that case to have NFL Network do its own draft coverage, as they have before—in their voice and with their talent and from their perspective. It’s very likely you’ll see that continue. One opportunity could come on the third day of the draft, when they’re ripping through multiple rounds really quickly. That’s an opportunity for us to maybe combine forces and create a combined ESPN
and NFL Network show that would air in both places. We haven’t made that decision yet, but to me, that’s low-hanging fruit.
What about Monday Night Football? Can NFL Network have an alt telecast?
To be determined. We haven’t gotten there yet. We have a lot of work to do between now and when the season starts. I’m sure there’ll be a lot of pregame and postgame elements. I’m just not certain what we’re going to be doing
during the game.
You are a couple of months into a new MLB deal where ESPN carries MLB.TV. Is that performing like you thought it would?
When we were purely in the Sunday Night Baseball national business, we made game selections based on what we thought would drive the most audience. That’s why you saw so many Sunday Night Baseball games with the Yankees, Red Sox, Dodgers, Cubs, Cardinals, Giants. It’s a handful of teams that drove the
conversation on a national basis and drove an audience for us. With MLB.TV, it really is too early to tell how the teams that, maybe, are not on that list are performing both locally and in the out-of-market. We’re excited to see where we are as we get deeper into the season.
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On cord-cutting: “Charter’s trend is not the whole industry’s trend. That’s
nonsense. Charter’s customers are down 1.9 percent, but revenue is down 9.1 percent. I’m not holding my breath for the others to follow.” —A media type
On the Petitti-Sankey feud: “Your article on Thursday was very fair. But you seemed to hold back a bit!” —A media executive
On Steph Curry’s new deal: “I can’t believe the guy who went to Davidson and played for Steve Kerr is
selling out for Li-Ning.” —A journalist
On the Protect College Sports Act: “If Ole Miss, Tennessee, LSU, and Indiana can win because of unlimited transfers and uncapped N.I.L. spending, are the senators from those states going to do anything to prevent that?” —A Varsity subscriber
On F1
TV: “On Thursday, you published an email from an aggrieved F1 fan complaining about the Apple deal. That fan should know that they can also watch F1 through F1 TV itself, where I have had no problems. It’s 99 percent the same as it was in previous seasons, with the option to listen to either the F1 TV broadcast team or Sky.” —A Varsity subscriber
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See you all on Thursday, John
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Join Puck’s chief political columnist, John Heilemann, as he roams the corridors of power and influence in America on
this twice-weekly interview show, taking you beyond the headlines with the people who shape our culture: icons and up-and-comers, incumbents and insurgents, moguls and machers in the overlapping worlds of politics, entertainment, tech, business, sports, media, and beyond. The conversations are rich and revealing, unrehearsed and unexpected… and reliably impolitic. A Puck-Audacy joint, new episodes drop every Wednesday and Friday.
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An essential, insider-friendly Hollywood tip sheet from Matthew Belloni, who spent 14 years in the trenches at
The Hollywood Reporter and five before that practicing entertainment law. What I’m Hearing also features veteran Hollywood journalist Kim Masters, as well as a special companion email from Eriq Gardner, focused on entertainment law, and weekly box office analysis from Scott Mendelson.
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