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Sports Economics: Media companies benefit from broadcasting sporting events by selling advertising slots. Name and explain...

Sports Economics:

  1. Media companies benefit from broadcasting sporting events by selling advertising slots.
  1. Name and explain two other ways media companies benefit from broadcasting sports. (5 points)
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Answer #1

Two other way:

1. In other way media company can broadcast the sports event live over internet. Here view count is calculated. More the number of view counts more the revenue generated.

2. Secondly the media company can earn by the add provided in internet broadcasting also.

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