From The Gist Team |
Or should we say bonjour? The French Open broke its attendance record when 630K total fans filled Paris’ Stade Roland Garros, and the country’s TV audiences were just as excited. Over 2M watched Iga Świątek take home her fourth Grand Slam title on FTV, the largest figure for the tournament’s women’s singles final since 2014.
The Latest |
The GIST: The FIFA Women’s World Cup (WWC) may be a month away, but it’s already scoring business golazos. Fox announced Monday that it has sold 90% of ad inventory for the Australia and New Zealand–hosted event and is on pace to beat the 2019 WWC’s sales.
The details: Brands in the automotive, insurance, wireless, and tech industries scored the most WWC inventory, including slots during Fox’s broadcasts. Verizon will sponsor the pregame show, Volkswagen will occupy the halftime spot, while Google will back the “bridge show” between games.
The context: The 2019 WWC in France earned $96M in U.S. ad revenue, $85.1M of which came from Fox’s English-language broadcasts. Fox and Spanish-language rights holder Telemundo have more airtime to sell this year — the WWC expanded from 24 to 32 teams, adding 12 more matches to the schedule.
Zooming out: Fox has had seemingly no problem selling inventory despite the much-discussed time difference between the U.S. and the host countries. It speaks to the USWNT’s popularity at home, which is surging across the board as the WWC nears, and the clear benefit of being the team’s primary media partner. Talk about a halo effect.
The GIST: The WNBA just scored some new tires. Yesterday, the league inked a multiyear deal with Discount Tire and one of its top-selling brands, Continental Tire, that will take advantage of the WNBA’s growing broadcast and digital value and marks the tire companies’ first partnership with a U.S. women’s sports league.
The details: Both brands will slap their logos on national WNBA broadcasts, both through TV inventory and in-stadium signage, as well as on the league’s digital and social platforms. The WNBA will also work with Discount and Continental on promotional efforts.
The context: While the WNBA’s TV audience continues to grow, so does its digital reach. Social media followers for the league’s teams increased 10% YoY in 2022, while engagements and impressions rose by 9% and 13%, respectively. The league’s social value also reached almost $40M last year, up 15% from 2021.
Zooming out: Sizable audience growth on TV and digital platforms is making WNBA channels a valuable place for brands to advertise. The increase in viewership only bolsters women’s sports’ business potential — fans are tech savvy and tend to reward sponsors with their own dollars. Purchasing power.
The GIST: We teamed up with MegEmikoArt, a trans activist and artist, to create a “Protect Trans Athletes” clothing drop, with 50% of profits being donated to the The GenderCool Project. Their Play it Out educational campaign helps people understand fact from fiction about transgender kids and their connection to athletics and sports.
The why: In light of the recent anti-trans proposals and policies intending to keep trans youth and athletes out of sport, The GIST and MegEmikoArt felt it was one of the most important messages to raise awareness and funding for heading into Pride month.
How you can support: Learn more about anti-trans in sports movement here, then shop the limited edition “Protect Trans Athletes” line and rock your tee and tote proudly.
Quick Hits |
Sunday’s WNBA doubleheader averaged 663K viewers on ABC — the Washington Mystics’ win over the Seattle Storm (666K viewers) was the third-most watched game this season, while an average audience of 660K tuned into the NY Liberty’s win over the Dallas Wings. Baller.
Clubs in England’s Women’s Super League (WSL) collectively generated nearly $40M in revenue during the 2021–22 season, up 60% YoY. A new domestic broadcast deal worth $10M annually contributed to the earnings increase, while matchday revenue — like ticket and merch sales — comprised 10% of total revenue.
On Monday, the U.S. Senate Permanent Subcommittee on Investigations launched a review of the PGA’s controversial merger with LIV Golf. Subcommittee chair Richard Blumenthal said the deal “raises concerns about … the risks posed by a foreign government entity assuming control over a cherished American institution.”
Canadian sports marketing startup Millions.co is now building athlete influencer campaigns through ChatGPT that start at only $500 each. Its tool enables brands to input simple English sentences to create several campaigns, then share more specifics with the AI including demographics and budget to customize for their target audience. Cookie cutter.
Buzzer Beaters |
🏀 The WNBA’s Phoenix Mercury updated its travel arrangements after Brittney Griner was harassed in an airport on Saturday.
📺 BBC chief content officer Charlotte Moore said the channel is “absolutely committed” to landing U.K. broadcast rights to the WWC, but doesn’t want to overpay.
⚽ The NWSL’s Chicago Red Stars partnered with Ulta Beauty, which will serve as presenting sponsor of the club’s season ticket holder spotlight. Glowing.
🪑 Retired WNBA star Sue Bird collaborated with Corona on the “Finer Recliner,” a limited-edition chair for five lucky fans to win.
🏴 Confectionary brand Mars Wrigley UK renewed its deal to sponsor England’s women’s, men’s, and para soccer teams through 2024.
🎓 NCAA president Charlie Baker said he sees “major opportunity to get into the sports betting space.”
⛳ Netflix is reportedly teeing up a celebrity golf event as its first live sports broadcast. Here’s hoping they avoid an encore of the not-so-live Love is Blind reunion.
The GIST's Picks |
Peep our squad’s MVPs (Most Valuable Picks):
This book. Macaela MacKenzie’s upcoming book highlights the challenges and barriers women’s sports face and the push athletes are making for money, power, and respect.
This article about sponsorship at the 2023 FIFA Women’s World Cup. These companies are betting on women.
Everywhere is Queer. With a click of a button, you can see queer-owned businesses near you. Happy Pride!