Streaming services are experiencing a level of growth that would have not even seemed feasible just a few years ago. Collectively, they have managed to become one of the most popular entertainment services to date. However, one area where they have yet to fully indulge is that of sports streaming, with only a select few niche platforms currently opting to cater to sports fans.
Whilst this may seem a little strange at first, the reasons as to why this is the case become seemingly apparent once a little analysis has been conducted, and this is precisely what we are going to be doing in this article. Let’s dive straight into it and discuss the potential for whether or not current streaming services will enter the sports streaming space en masse soon.
It Has Already Begun
The first thing we need to take a look at when talking about whether or not streaming services will begin to implement sports is that it has already happened. There are more than just a few exemplary sports streaming websites that accomplish this exact purpose, and while they might not be as popular as some of the bigger names in the entertainment industry, they certainly have a sizable number of dedicated users. Sports streaming site contains dozens of hosted links for whatever sport and event you want to watch live.
This gives us a pretty good indication that streaming services are at least thinking about implementing sports, with there already being numerous options out there that are more than willing to accommodate people with a fierce passion for the hobby. Whether you like professional football, NFL, basketball, baseball, cricket, soccer, tennis, rugby, or college sports, one of these services has you covered.
In truth, the only reason why some of the more popular options in the industry have yet to implement sports is likely because they are watching how these aforementioned sports streaming services fare – if it isn’t going to be profitable in the long term, the chances that we are going to see the wide-scale implementation of sports streaming are slim to none.
However, it would be a little negligent to not mention the revenue that streaming services would make from betting app sponsorships, with options like the best sports betting app in Arizona having the potential to bring the streaming industry millions of dollars in revenue year on year.
The Rising Popularity Of Streaming Services
It is widely accepted that online streaming is the future. Whilst the names at the top of the industry may be somewhat interchangeable, it is likely that streaming services as a whole will become much more popular, and their current popularity pays testament to this ten-fold. We have to watch and see where the popularity graph goes from here.
As streaming services become more popular, the revenue they bring in is going to increase exponentially. This means that the dominant forces in the industry are likely going to have much more expendable income to play around with and try new things, and sports streaming is undoubtedly going to be one of these experiments.
Furthermore, it is highly likely that this venture is going to be incredibly profitable, and following this development, it would not be a surprise to see other streaming services follow suit shortly after if this is shown to be successful. Now you’ll watch your favorite sports and teams whenever and wherever needed. So you can stay up to date on the sports world and your team.
So, what do you think is going to come of streaming services in the future? Do you think they will begin to implement sports in droves, or do you think sports are going to fade out into obscurity? In reality, it is looking incredibly likely that it is going to be the former.
YouTube TV already contains a decent number of live sports channels in its lineup. There would be no surprise if the live TV streaming service started showing sports and premium channel add-ons on the platform. Do not be shocked when you begin to see services like Netflix, Hulu, and Amazon Prime adding sports into their rosters in the near future – if all goes well, this is almost guaranteed to come to fruition. Catch you in the next one.