Women athletes now have their own sports network

Women athletes now have their own sports network


Finding women’s sports is about to get easier.

The first-ever network to focus on female athletes, the Women’s Sports Network, launched Wednesday, offering 24/7 streaming of original programming, competitions, documentaries and a daily studio show “Game On.”

The Women’s Sports Network is a free, ad-supported network featured on streaming services including Amazon.com‘s Freevee, Fox Corp.’s FuboTV and Tubi, along with smart TVs. The new network comes at a time when investment and viewership numbers for women’s sports are on the rise, yet women only receive a small fraction of media coverage.

“It’s a significant step towards narrowing the gap in media coverage for female athletes, for female sports,” said Angela Ruggiero, CEO and co-founder of Sports Innovation Lab and four-time ice hockey Olympian, who is on the board of advisors for the new network.

The network was first announced back in February by Los Angeles-based Fast Studios.

The Women’s Sports Network has partnerships with the Women’s National Basketball Association, Women’s Football Alliance, Ladies Professional Golf Association, U.S. Ski and Snowboard, Sports Innovation Lab and World Surf League, among others. It plans to broadcast games starting in January.

Fast Studios was founded in 2020 by long-time ad executive Stuart McLean with a focus on ad-supported streaming television services. Fast Studios has also launched streaming networks focused on auto racing and spartan obstacle course competitions.

This past year has seen a steady rise in viewership numbers for women’s sports. The WNBA postseason saw a 22% increase in viewership year over year. Female athletes at the collegiate level are also proving to be winners in the NIL era, garnering deals with brands including Nike now that college athletes can be paid for their name, image and likeness.

Yet women’s sports receive only 5% of media coverage, according to a recent study by the University of Southern California and Purdue University.  

“The Women’s Sports Network is exactly what athletes, fans and sponsors have been asking for,” Mollie Marcoux Samaan, commissioner of the Ladies Professional Golf Association, said in a release announcing the network launch.

According to a study conducted by the National Research Group and Ampere Analysis, 39% of Gen Zers are watching more women’s sports than they were a year ago, along with 29% of millennials. But the study found that the hurdles remain high: 79% of U.S. sports fans still claim to not actively follow women’s sports. Meanwhile, 74% of fans cannot name a single corporate sponsor of any major women’s league.    

“There’s a pent-up demand for women’s sports, but women’s sports typically go under-invested, under-supported, under-viewed, because the ecosystem underneath it hasn’t really been built,” Ruggiero said. “We don’t have enough female writers. We don’t have enough female broadcasters. We don’t have enough female producers. The media ecosystem is still fairly male dominated, and women aren’t getting the ratings,” Ruggiero added.

Traditional networks have put little effort into promoting women’s sports, with the National Research Group and Ampere Analysis finding that U.S. broadcast networks spent 0.2% of media-rights budgets on women’s-only sporting events (excluding events with both men’s and women’s sports such as the Olympics). 

“Every men’s league has had decades of a jumpstart on the traditional women’s leagues,” Ruggiero said. “These women’s sports properties are still fairly early in their lifecycle, and anything early in its lifecycle requires more investment to build the brand, to build the awareness, to build the audience, to build the platform. And it’s on the business side, not just the performance side,” she said. 

The network’s studio show, “Game On,” is hosted by former Harlem Globetrotter and social influencer Crissa Jackson, sports reporter Taylor Felix, sports influencer and former college basketball player Jenna Bandy, and sports reporter and producer Jess Lucero.

—CNBC’s Jessica Golden contributed to this report.



Source

Here are the retailers raising prices as Trump tariffs take hold
Business

Here are the retailers raising prices as Trump tariffs take hold

A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023.  Vincent Alban | Reuters Consumers who hoped tariffs would not […]

Read More
This is why Jamie Dimon is so gloomy on the economy
Business

This is why Jamie Dimon is so gloomy on the economy

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan […]

Read More
Summer rentals in the Hamptons are down 30%
Business

Summer rentals in the Hamptons are down 30%

Key Points Summer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio of William Raveis Real Estate. Brokers who focus on ultra-high-end rentals are seeing an even bigger drop and say their rental business is down between 50% and 75%. Some renters may be holding out […]

Read More