Mic Drop #27: NBCU & WarnerMedia Seem Skeptical About Sports Streaming's Future

Bids on NHL national TV rights, and the expiring EPL deal with NBCU, tell a surprisingly bearish story about the future of sports streaming

There is a detail from the Sports Business Journal reporting on the NHL-WarnerMedia rights deal that sticks with me: why did NBCU only offer $100MM/year to keep its NHL rights, before pulling out of the bidding altogether?

Several weeks ago, the network put forth a bid for the league’s second package that would have put most games on its Peacock streamin…