Latest / Earn Your Leisure / Unlocking the Business of Basketball_ NBA Africa’s Expansion, Media Rights & Global Reach
Transcript
- 0:00Speaker 1: Said, your husband was up at three in the morning
- 0:01Speaker 1: watching NBA. I'm gonna tell you something that was me
- 0:05Speaker 1: last night. It'll probably meet tonight. New York is playing tonight.
- 0:10Speaker 1: But it got me to thinking about media rights and
- 0:13Speaker 1: revenue streams. And so for the BA, L is there
- 0:18Speaker 1: a nickname? Is it a traditional model where it's media rights,
- 0:25Speaker 1: it's merchandising, it's tourism. How is it structured here? And
- 0:29Speaker 1: what's the plan for scalability for that?
- 0:32Speaker 2: Thank you? So mainly four ways that leaks like ours
- 0:37Speaker 2: can monetize, and I think the more common one for
- 0:40Speaker 2: African for our league is sponsorship and marketing partnerships and
- 0:43Speaker 2: that's where you see some of the partnerships. We have
- 0:45Speaker 2: your service now visit Ruanda, Africa, Zimbak and run there.
- 0:50Speaker 2: So yes, sponsorship and marketing rights and using our platform
- 0:54Speaker 2: that we give to market products and services. We have
- 0:59Speaker 2: overall in years over one billion funds within Africa. We
- 1:03Speaker 2: have millions. We have one point two you know impression
- 1:06Speaker 2: billion impressions in the last season. And when we look
- 1:09Speaker 2: at our social media platforms, we have a big reach.
- 1:11Speaker 2: So that rich allows you know, partners like ours to
- 1:14Speaker 2: really access the funds that we have and that's how
- 1:17Speaker 2: we monitorze one way. The other one is merchandise and
- 1:22Speaker 2: good news is that we just opened an e commas
- 1:24Speaker 2: bottom it's called b alstore dot NBA dot com where
- 1:28Speaker 2: you can buy merchandise from anywhere using our ecommas platform.
- 1:33Speaker 2: Now we know that the market, not just in Africa,
- 1:36Speaker 2: but also especially the African diaspora all over the world
- 1:39Speaker 2: has been looking to own something with b L whenever
- 1:42Speaker 2: they interact with it. We saw pictures last year of
- 1:45Speaker 2: season four with a family in Brazil walking around with
- 1:48Speaker 2: b A L and we wondered where they got the
- 1:50Speaker 2: bl merchandise. You know, we've seen pictures in hist Row
- 1:53Speaker 2: where people crossing security and they're wearing BA L and
- 1:57Speaker 2: those anecdotes showed us that there's really appeted for consuming
- 2:00Speaker 2: BLB on the African market, but also with especially the
- 2:03Speaker 2: African aspora all over the world, who are really big.
- 2:06Speaker 2: In fact, one of the statistics that you know, a
- 2:08Speaker 2: colleague of man shared with me is, you know, if
- 2:11Speaker 2: you take out China and India, the African the aspora
- 2:13Speaker 2: is the third country in terms of population globally. So
- 2:15Speaker 2: interacting with that market as part of what we have
- 2:18Speaker 2: to offer as bl continues to be important for us.
- 2:21Speaker 2: The third one is ticketing. You know when you come
- 2:23Speaker 2: to watch games. Every year we see ticketing revenues go
- 2:26Speaker 2: up because more and more fans are coming to watch
- 2:28Speaker 2: your games and paying to watch your games, and that
- 2:30Speaker 2: has been really important as well. Now the media market
- 2:34Speaker 2: obviously as well, is a big part of sports leagues.
- 2:37Speaker 2: It's a growing aspect in Africa. Whether it's PATV, it's
- 2:40Speaker 2: still very limited in terms of the coverage free to air.
- 2:44Speaker 2: Many of the free to air broadcasters are national and
- 2:47Speaker 2: therefore kind of free access in the countries where they serve.
- 2:51Speaker 2: But we see that changing and I think one when
- 2:53Speaker 2: you say what does the future look like, one of
- 2:56Speaker 2: the areas we see the future, you know changing, is
- 2:59Speaker 2: very much around what lou All talked about, which is
- 3:02Speaker 2: integrating markets in Africa. I think the more integrated markets are,
- 3:07Speaker 2: the more integrated services are, the more integrated we can be,
- 3:11Speaker 2: the more you can actually use platforms to provide whether
- 3:14Speaker 2: it's streaming or broadcasting to markets across the continent. Now
- 3:18Speaker 2: people like to say we need to integrate Africa more,
- 3:21Speaker 2: and we really need to. We've talked about the African
- 3:23Speaker 2: continent a free trade area. It's a big aspiration to
- 3:26Speaker 2: really break down all these barriers so we can trade
- 3:27Speaker 2: as one market. But a lot has to be done
- 3:30Speaker 2: for that to happen, and I think we all touched
- 3:31Speaker 2: on a couple of those. How do you adjust a
- 3:33Speaker 2: business in Randa and be able to give your services
- 3:36Speaker 2: across the fifty four countries that's not happening yet today.
- 3:39Speaker 2: How do you get a license to broadcast in one
- 3:42Speaker 2: country and broadcast in many countries so you can actually
- 3:44Speaker 2: access a much bigger market on the continent. Those kinds
- 3:47Speaker 2: of things need to be solved so that we can
- 3:49Speaker 2: actually provide services across the continent. The good news, I think,
- 3:52Speaker 2: especially for meteorites, is what we see in some of
- 3:55Speaker 2: what they tell us are doing. If you give an
- 3:57Speaker 2: example of empty and three hundred million subscribers across the continent,
- 4:02Speaker 2: I know that they're thinking about using that platform that
- 4:04Speaker 2: already is connected by subscription all over the continent to
- 4:08Speaker 2: provide content, such as content that we would be interested in.
- 4:11Speaker 2: So I think that's going to change, and I think
- 4:13Speaker 2: we're going to see more access to media, more media integration,
- 4:15Speaker 2: and media contributing a lot more than you're seeing today
- 4:18Speaker 2: and for me, the future is bright.
- 4:26Speaker 3: Claire. Just to piggyback on that, you talked about the
- 4:29Speaker 3: challenges as far as only having five arenas in continent
- 4:33Speaker 3: in Africa, and obviously that makes it difficult to expand.
- 4:35Speaker 3: But when you're looking at expanding to either having different
- 4:39Speaker 3: teams or just focus in a different area, what are
- 4:42Speaker 3: some of the top areas on the continent that you
- 4:45Speaker 3: guys have on your board as far as you want
- 4:47Speaker 3: to have more expansion in.
- 4:50Speaker 2: Well, we would like to be in all the countries
- 4:53Speaker 2: in Africa if we could. But today we're playing four countries,
- 4:57Speaker 2: but we have twelve teams that play. Ideally in those twelve,
- 5:01Speaker 2: you know, those twelve teams should be representing countries that
- 5:04Speaker 2: we have that there's interest in playing in playing in.
- 5:08Speaker 2: But beyond the twelve, even before we get the qualifiers
- 5:11Speaker 2: for the twelve, we have the road to b a
- 5:13Speaker 2: l a lot more countries actually participate. So actually countries
- 5:16Speaker 2: that are participating in the wider community that bl brings
- 5:19Speaker 2: together is more than you know, four countries at HOSS
- 5:22Speaker 2: is more than twelve teams at play. It's a lot more.
- 5:24Speaker 2: You know, if you come from the qualification road to
- 5:26Speaker 2: b L until the final competitions, and so our goal
- 5:30Speaker 2: is to work with as many countries as possible that
- 5:32Speaker 2: wish to be part of this story, and they're there
- 5:35Speaker 2: every day. We get as I said, you know, I
- 5:37Speaker 2: know Nigeria is building an arena. Benin is building an arena.
- 5:40Speaker 2: You know, we went Morocco for the first time. After Egypt.
- 5:44Speaker 2: You know, we are going South Africa, the many countries. Kenya,
- 5:46Speaker 2: for example, we have an office in Kenya and then
- 5:48Speaker 2: Arab City Thunders came, you know, for the first time
- 5:52Speaker 2: representing Kenya in the b al And, so you can.
- 5:55Speaker 2: Uganda had a team City Oilers that has been coming
- 5:57Speaker 2: for the last seasons. So there's potential in a more countries.
- 6:00Speaker 2: I think the question is how do we work with investors,
- 6:03Speaker 2: how do we work with the governments to put in
- 6:05Speaker 2: place that environment of infrastructure that could allow this to happen.
- 6:09Speaker 2: The good news is that every year, as we grow
- 6:12Speaker 2: and we see the impact of BL we get more interests,
- 6:15Speaker 2: including from development financial institutions like Afrigsen Bank, a FDB.
- 6:20Speaker 2: We've seen investors come to us and say what does
- 6:23Speaker 2: it take to build an arena? Who do we build
- 6:26Speaker 2: an arena for and I think that's going to change.
- 6:28Speaker 2: I really think that over the next five years, you're
- 6:30Speaker 2: going to see a lot more standardized arenas than you've
- 6:33Speaker 2: seen today, and that's going to allow us to plan
- 6:35Speaker 2: as many countries as we could. Our goal is to
- 6:38Speaker 2: have many countries come to be part of the bal experience.