Sony Pixel Power calrec Sony

NASCAR Renews Rights Deals With Fox, NBC; Embraces Streaming With New Prime Video, TNT Sports Agreements

30/11/2023

NASCAR Renews Rights Deals With FOX, NBC; Embraces Streaming With New Prime Video, TNT Sports Agreements The four deals, covering 2025-31 Cup Series races, total $7.7 billion By Jason Dachman, Editorial Director, U.S.

Thursday, November 30, 2023 - 3:24 pm

Print This Story | Subscribe

Story Highlights

NASCAR is set to drop the green flag on a new era in 2025, after inking seven-year media-rights deals for the NASCAR Cup Series with FOX Sports, NBC Sports, Amazon's Prime Video, and TNT Sports (a division of Warner Bros. Discovery). The quartet of deals, covering all 38 NASCAR Cup Series races per year from 2025 through the 2031 season, are worth a total of $7.7 billion, according to Sports Business Journal. When it's combined with the previously announced CW agreement, NASCAR will reap $1.1 billion per year - up 40% from NASCAR's current deals.

FOX Sports and NBC Sports will continue to carry the majority of NASCAR Cup Series races with 14 events each. The FOX Sports portion of the Cup Series schedule - which kicks off the season with the Busch Light Clash followed by The Great American Race, the Daytona 500 - will also include live events for the entire NASCAR Craftsman Truck Series season. NBC Sports' coverage of the Cup Series will encompass the final 14 events of the season, including the Playoffs and Championship race. Both partners will feature a mix of broadcast and cable events, with five Cup events airing on FOX and four on NBC annually. The remaining events will air on FS1 and USA Network, respectively.

The NASCAR Cup Series will also welcome two new broadcast partners in 2025: Prime Video and TNT Sports will evenly split a series of 10 midseason races. Both have also obtained exclusive rights to practice and qualifying sessions for the entire Cup Series schedule through 2031. NASCAR's first fully direct-to-consumer partner, Prime Video will stream practice and qualifying live for the first half of the season through the last race of the midseason series, except the Busch Light Clash, Daytona 500, and NASCAR All-Star Race, which will remain with FOX Sports. TNT Sports will initiate its coverage with the next five midseason races simultaneously broadcast live on TNT and streaming on the B/R Sports Add-On on Max. Practice and qualifying for the remainder of the season will stream on Max and air on truTV.

Our goal was to secure long-term stability with an optimized mix of distribution platforms and innovative partners that would allow us to grow the sport while delivering our product to fans wherever they are. And we've achieved that today, says NASCAR President Steve Phelps. NASCAR has been a cornerstone property for both new and established platforms for several decades. These agreements demonstrate the staying power of our sport and the consistent, large-scale audience it delivers. This landmark deal underscores our collective growth opportunity to drive engagement across this diverse collection of platforms - whether broadcast, cable, or direct-to-consumer. With the talented young drivers, exciting new teams, and record-breaking racing that we've seen since the Next Gen car was introduced in 2022, we're looking forward to working with each of these partners to bring some of the best racing in the world to fans everywhere.

Says NASCAR SVP, Media and Productions, Brian Herbst, These agreements show not only NASCAR's importance to the sports and entertainment ecosystem but also the willingness of some of the world's largest and most respected media companies to make significant investments in America's leading motorsport. The media landscape is rapidly evolving, with new distribution platforms providing more options to the consumer than ever before. This is the right mix of media partners to promote and deliver content around our sport, positioning NASCAR for growth across different mediums and giving our fans uninterrupted access on the established platforms that they are already using. We are excited to work with this best-in-class group of media companies to deliver the best of NASCAR racing and the excitement of live sports to our fans.

FOX Sports: Clash, Daytona 500, and the First 14 Races Building on a successful relationship of more than two decades, FOX Sports and NASCAR have extended their multi-series agreement covering 14 NASCAR Cup Series races - including practice and qualifying for the Busch Light Clash, Daytona 500, and NASCAR All-Star Race - and exclusive rights for the entire 23-race NASCAR Craftsman Truck Series schedule from 2025 through 2031. As in previous years, NASCAR Cup Series races will appear on both FOX and FS1 with all NASCAR CRAFTSMAN Truck Series races on FS1.

We are proud to begin the next chapter of what will soon be a three-decade relationship with our friends at NASCAR, says FOX Sports CEO/Executive Producer Eric Shanks. As the continued home of the Daytona 500, we look forward to getting every season off to a roaring start.

Of the 14 races to be aired by FOX Sports, five will be on the FOX broadcast channel and the rest on FS1.

NBC Sports: Cup Series Championship Race and the Last 14 Races Continuing coverage of the NASCAR Cup Series Playoffs for an additional seven years, NBC Sports will air the final 14 races of the season, culminating with the Cup Series Championship Race. This multi-platform agreement will feature a mix of races and content on NBC, USA Network, and Peacock in 2025-31. NBC Sports digital platforms will live-stream all television coverage via authentication. Of the 14 races to be aired by NBC Sports, four will be on the NBC broadcast channel, and the rest will be on USA Network.

We are thrilled that the NASCAR champion will continue to be crowned on our platforms for years to come, says NBC Sports President Rick Cordella. Whether it's the unpredict
LINK: https://www.sportsvideo.org/2023/11/30/nascar-renews-rights-deals-with...
See more stories from svg

North America Stories

26/02/2024

Scripps Posts Loss Amid Charges Against National Networks Unit

The E.W. Scripps Co. reported a fourth-quarter loss as the company took charges against its weak national networks division and restructuring costs....

26/02/2024

The Sweet Spot with Grammy-Nominated Producer 6ix

Logic's Grammy-nominated producer breaks down his Sweet Spot. Before he found success as an avant-garde hip hop producer, 6ix was just 30 units shy of a de...

26/02/2024

NVIDIA RTX 500 and 1000 Professional Ada Generation Laptop GPUs Drive AI-Enhanced Workflows From Anywhere

With generative AI and hybrid work environments becoming the new standard, nearl...

25/02/2024

The Sweet Spot with Multi-Platinum Producer Warren Huart

The Grammy-nominated multi-Platinum producer breaks down his Sweet Spot. From the studio with chart-topping artists like Aerosmith and The Fray, to empowering ...

24/02/2024

Berklee International Hip-Hop Symposium Spotlights Local Artists, Entrepreneurs

Berklee International Hip-Hop Symposium Spotlights Local Artists, Entrepreneurs SAMMUS, DJ Troy Frost, and DJ WhySham are among featured guest speakers for th...

24/02/2024

NBC Sports Chicago Covering Chris Chelios Jersey Retirement

NBC Sports Chicago plans live coverage Sunday of the ceremony retiring Chris Chelios' No. 7 Blackhawks jersey....

24/02/2024

Apple TV Kicks Off Year 2 of MLS Season Pass

Apple TV is kicking off its second season offering MLS Season Pass....

24/02/2024

Impact Network Licenses Content From A+E Networks

Impact Network said it signed a multiyear content licensing deal with A+E Media Group that will give Impact Network access to A+E's Black Excellence collect...

24/02/2024

Comscore Upgrades Local Cross-Platform Measurement Product

Comscore said it has enhanced its Comscore Campaign Ratings product, enabling advertisers to optimize digital campaigns alongside linear schedules in flight....

24/02/2024

CNBC To Air Documentary on Weight-Loss Drug Ozempic

CNBC will air a one-hour documentary on weight-loss drug Ozempic on February 29....

24/02/2024

Innovid Provides Outcome Data Across Platform Ad Buys

Innovid said it can provide publisher-level outcome analysis for companies bought through demand- and supply-side platforms....

24/02/2024

Frasier' Renewed for Second Season on Paramount Plus

Paramount Plus said it renewed Frasier, starring Kelsey Grammer, for a second season....

24/02/2024

Gray Television Reports Loss In Non-Election Year 4th Quarter

Gray Television said it turned in a fourth-quarter loss following record political advertising revenue a year ago....

24/02/2024

Warner Bros. Discovery Cuts Fourth-Quarter Losses

Warner Bros. Discovery continued to cut its losses in the fourth quarter, but not enough to meet Wall Street expectations....

24/02/2024

Animated Aliens in Space Behind The Second Best Hospital in the Galaxy'

The Second Best Hospital in the Galaxy, a peculiar animated show about a couple aliens who are best friends and doctors, debuts on Prime Video February 23. Dr. ...

24/02/2024

Meet the Additional Cast of City Hunter' and Their On-Screen Personas

Back to All News Meet the Additional Cast of City Hunter' and Their On-Screen Personas Entertainment 24 February 2024 GlobalJapan Link copied to clipb...

23/02/2024

5 Takeaways From a Sundance Collab Conversation With Alexander Payne, Director of The Holdovers

By Stephanie Ornelas Alexander Payne has deep roots with Sundance Institute, h...

23/02/2024

Zixi, Verizon Business Partner on 5G Solution for Live IP Video

WALTHAM, Mass. Zixi has announced a co-sell agreement with Verizon, coupling their network infrastructure with Zixis live IP video software-defined solutions to...

23/02/2024

Live Czech Philharmonic Concert Productions Hit a High Note with Help from AJA Gear

Live Czech Philharmonic Concert Productions Hit a High Note with Help from AJA G...

23/02/2024

Feature Film Touch the Water Captured with Pocket Cinema Camera 6K

Feature Film Touch the Water Captured with Pocket Cinema Camera 6K Brie Clayton February 23, 2024 0 Comments Blackmagic Design today announced that in...

23/02/2024

Pixelogic Acquires mediafellows, Expanding its Digital Distribution Solutions for Content Owners

Pixelogic Acquires mediafellows, Expanding its Digital Distribution Solutions fo...

23/02/2024

Sports Increasingly Influencing Consumer Streaming Choices

PORTSMOUTH, NH According to a new survey from Hub Research, sports is having an increasingly larger impact on consumers choice of streaming services....

23/02/2024

Student filmmakers of ArtFX School of Digital Arts in France embrace Autodesk Maya, AI to win big at VES for Silhouette

Student filmmakers of ArtFX School of Digital Arts in France embrace Autodesk Ma...

23/02/2024

Malaysian Feature Film Pagari Bulan Graded and Edited Using DaVinci Resolve Studio

Malaysian Feature Film Pagari Bulan Graded and Edited Using DaVinci Resolve Stud...

23/02/2024

Avid MediaCentral provides broadcasters with enhanced workflow efficiencies from anywhere

Avid MediaCentral provides broadcasters with enhanced workflow efficiencies from...

23/02/2024

Video Creators Virtual Summit Extended VIP Offering - Expert Instruction Less Than $5 per Class!

Video Creators Virtual Summit Extended VIP Offering - Expert Instruction Less Th...

23/02/2024

Explorer Post 5 Students Learn from WRAL-TV Doc Team

WRAL-TV's Documentary Team recently took time out of their busy schedules to talk to students in the WRAL Explorer Post 5 program. WRAL-TV Documentary & Inv...

23/02/2024

How'd They Do It? SXSW, TED, EA, and Intel Share Their Behind-the-Scenes Stories From Key Productions

How'd They Do It? SXSW, TED, EA, and Intel Share Their Behind-the-Scenes Sto...

23/02/2024

SVG Sit-Down: SimpleBet's Chris Bevilacqua on the Need for Sports Productions To Embrace In-Game Micro-Betting

SVG Sit-Down: SimpleBet's Chris Bevilacqua on the Need for Sports Production...

23/02/2024

MLS Kickoff 2024: Behind the Scenes With MLS Productions' New SVP and Executive Producer Ignacio Garcia

MLS Kickoff 2024: Behind the Scenes With MLS Productions' New SVP and Execut...

23/02/2024

Don't Make This Mixing Mistake!

By Craig Anderton Do you think of mixes in absolute terms, or relative terms? Knowing the difference, and when to apply which approach, can make a huge differe...

22/02/2024

Sundance Institute Announces 2024 Momentum Fellows

PARK CITY, UTAH, February 21 or 22, 2024 - Today the nonprofit Sundance Institute announced eight storytellers selected for the 2024 Momentum Fellowship. Now in...

22/02/2024

Comscore Significantly Upgrades Its Cross-Platform Audience Measurement

NEW YORK Comscore has announced that it is calling a groundbreaking advancement to its measurement tools with a significant update to its Comscore Campaign Ra...

22/02/2024

Berklee's Signature Series Celebrates Vibraphone Master, Composer, and Educator Joel Ross

Berklee's Signature Series Celebrates Vibraphone Master, Composer, and Educa...

22/02/2024

PlayBox Neo Selected for Full-Scale Playout at Florida G...

A government access television station in the Sunshine State has committed to modernizing their playout capabilities with a full-scale system from PlayBox Neo. ...

22/02/2024

Actus Digital Unveils New Monitoring Standard Featuring...

Actus Digital, a global leader in the intelligent monitoring platform sector, is prepared to make a substantial impact at METexpo 2024, the premier broadcast an...

22/02/2024

EMG GRAVITY MEDIA ANNOUNCES NEW EXECUTIVE LEADERSHIP TEA...

Actus Digital, a global leader in the intelligent monitoring platform sector, is prepared to make a substantial impact at METexpo 2024, the premier broadcast an...

22/02/2024

Maxon Release Offers Apple M3 Optimization Streamlined Wo...

Maxon, developers of professional software solutions for editors, filmmakers, motion designers, visual effects artists, and creators of all types, today announc...

22/02/2024

Central Control Integrates Magewell Production and IP Con...

Magewell and Central Control announced today that the newest version of the latter's show control application now offers integrated support for two of Magew...

22/02/2024

Emotion Systems and CIS Group partnership focuses on grow...

Emotion Systems, the provider of practical solutions to real-world professional audio problems, has formed a new partnership with CIS Group. With existing custo...

22/02/2024

Micro LED Panels and AlfaArt from FOR-A Strategic Partner...

Revolutionary Micro LED panels along with a new line of turnkey LED displays and media processor and players from Alfalite will be an integral part of the FOR-A...

22/02/2024

Acronis Sets the New Standard in Cybersecurity and Data P...

Acronis, a leading provider of cyber protection, is proud to introduce the latest release of its flagship product Acronis Cyber Protect 16. Acronis Cyber Prot...

22/02/2024

NRJ Audio chooses Eolementhe to optimise its audience mea...

The NRJ group holds a leading position in radio with its four national networks: NRJ, Nostalgie, Ch rie FM and Rire & Chansons. The radio division offers conten...

22/02/2024

Vinten Predicts Every Move with VEGA Presenter Tracking

Vinten, a leading provider of robotic camera support systems and a Videndum brand, has announced the release of version 1.1 of its VEGA Control System Software,...

22/02/2024

Quasar Science Introduces Ossium Ladder - A New Flexible...

Quasar Science, a leading provider of advanced lighting solutions and a Videndum brand, has announced the release of the Ossium Ladder, a flexible tube light ri...

22/02/2024

Sachtler Draws on Cinematic Heritage to Create New Series...

Sachtler, a leading manufacturer of camera support and accessories for broadcast and cinematography, and a Videndum brand, has launched a new range of fluid hea...

22/02/2024

Vigil Series Two Relies on DaVinci Resolve Studio for Picture Finishing

Vigil Series Two Relies on DaVinci Resolve Studio for Picture Finishing Brie Clayton February 21, 2024 0 Comments Blackmagic Design today announced th...

22/02/2024

Maxon Release Offers Apple M3 Optimization, Streamlined Workflows and More

Maxon Release Offers Apple M3 Optimization, Streamlined Workflows and More Brie Clayton February 21, 2024 0 Comments Redshift optimization for Apple&#...

22/02/2024

Sony's Creators' Cloud now enables Cloud upload of photos and videos shot with FX3 and FX30

Sony's Creators' Cloud now enables Cloud upload of photos and videos sho...

22/02/2024

Walmart Agrees To Buy Smart-TV Maker Vizio for $2.3 Billion

Walmart said it agreed to buy smart TV set maker Vizio for $2.3 billion....