Photo
Business Update

Reuters business newsletter, your daily business coverage.

Subscribe

Sports execs see room for improvement at ESPN

Tue Nov 27, 2007 3:27pm EST

Reporter's Notebook

[-] Text [+]

By Gina Keating

NEW YORK (Reuters) - The chiefs of U.S. hockey and stock car racing on Tuesday said they saw room for improvement at ESPN, the largest U.S. sports network, such as making programming slicker and giving better perks and time slots to smaller leagues.

NASCAR Chairman and Chief Executive Brian France told the Reuters Media Summit in New York that ESPN, owned by Walt Disney Co (DIS.N: Quote, Profile, Research, Stock Buzz), was in the midst of a learning curve in its new contract with U.S. stock car racing. He said fans have become more demanding and vocal than when the network last carried NASCAR in 2000.

ESPN, which broadcasts races along with sister network ABC, lost its contract with NASCAR in 2000 and renewed it in 2007, along with several other networks, in an eight-year deal valued at almost $4.5 billion in total.

"The production and (fan) expectation they have to be at are much higher than before ... They are finding that out," he said of ESPN, pointing to red-carpet treatment given to racing by Fox, NBC and TNT, which continued to carry NASCAR as it grew into an American sporting phenomenon.

NASCAR would like to see ESPN do more sophisticated graphics, more detailed commentary, and more original programming about NASCAR figures, such as its recent film about the late championship driver Dale Earnhardt, France said.

However, he said the relations were good with the sports network.

"We have a very, very good relationship with them from top to bottom ... the amount of money they have invested in us is unprecedented," France said.

ESPN could not be reached for comment.  Continued...

 
Paper Aug 20 - 21, 2008 Manufacturing
Japan Investment Jul 01 - 2, 2008 Country Summits
Global Real Estate Jun 23 - 25, 2008 Real Estate
Consumer and Retail Jun 16 - 18, 2008 Consumer Retail
Investment Outlook Jun 09 - 12, 2008 Financial Services / Exchanges

What are Summits?

Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits.  Launch Full Video 

 

Stay connected. Get e-mailed alerts with schedules, speaker lists, and headlines from upcoming and live Industry Summits.