Lesson 1.6 Where Are We Now? Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? 200 million Americans, or 7 of every 8 adults, consider themselves sports fans American fans spend an average of 8 hours per week consuming sports content According to ebizmba.com (a site that tracks web traffic), in the month of June alone (in 2015), the Yahoo Sports website had 125 million visitors Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? The fantasy sports industry has an estimated total market impact of $4.48 billion dollars annually Fantasy sports have grown to include everything from Premier League soccer to fantasy bass fishing leagues Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? An estimated 3 million American workers spent one to three hours a day during work watching the 2013 NCAA men’s basketball championship tournament, according to a study from outplacement firm Challenger, Gray & Christmas. American companies lost an estimated $134 million in “lost wages” in the first two days of the tournament alone. At $122 billion, the amount of spending the NCAA's annual basketball tournament generates is equal to Iceland's GDP. A study conducted by the European Central Bank suggests that the soccer World Cup (played every four years) significantly slows down activity in the world’s stock exchanges Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? MOVIES The top 10 biggest combined grossing movies in a single weekend at the box office ever were movies released within the last five years. Actors and actresses are being paid more now than ever, particularly those with proven “star power” who can draw a crowd (Robert Downey Jr. earned a reported $80 million last year) Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? MUSIC Over 25 billion songs have been downloaded from Apple’s iTunes store By contrast, 2006 was the first year to see over 1 billion digital download tracks sold HOWEVER, as the industry has shifted from vinyl, to compact disc, to digital downloads, streaming music is the fastest-growing segment of the recorded-music industry (according to the Recording Industry Association of America). Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? BOOKS The wild popularity of Author Veronica Roth’s Divergent series of books shows the crossover appeal books have with other forms of entertainment, spawning a box office smash and successful soundtrack sales Amazon reported that the final book in the trilogy, Allegiant, surpassed sales of The Hunger Games book three, Mockingjay at a pace of nearly five to one First-day sales for Allegiant surpassed 455,000 — a company record for publisher HarperCollins Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? BOOKS Divergent opened with a $54 million weekend at the box office and took just 14 days to surpass $100 million in sales The film soundtrack debuted in the top 30 on the Billboard charts in its first week despite being release well before the film hit the theaters As of August of 2014 (at the time this text was published), Divergent has crossed the $250 million plateau globally Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? BOOKS In 2011, author John Locke became the first self published writer to sell over one million copies of books in Amazon’s kindle digital bookstore Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? VIDEO GAMES According to guinessworldrecords.com, last year’s launch of the video game Grand Theft Auto V broke six world records, including the highest revenue generated by an entertainment product in 24 hours and the fastest entertainment property to gross $1 billion. Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? VIDEO GAMES The most popular video game in the world is EA Sports’ FIFA 14. In fact, the company reports that the game is played so frequently that 459,000 games of FIFA 14 are being played around the world every 90 minutes. Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? THEATRE Comedian Larry David’s play, "Fish in the Dark," set a record in 2015 for advance ticket sales by racking up $13.5 million before a single performance while “The Book of Mormon”, which has been on Broadway for over four years, is still performing to crowds of 103% capacity Copyright © 2014 by Sports Career Consulting, LLC History of SEM LESSON 1.6 Where Are We Now? THEATRE Broadway raked in nearly $1.4 billion during its 2014-2015, 53-week season, making it the highest grossing season in Broadway's history (click here to see a year by year review of gross sales) Copyright © 2014 by Sports Career Consulting, LLC
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