The economics of sportscast revenue sharing

Abstract

Sports are one of the most significant products of the entertainment industry, accounting for a large portion of all television (and even platform) viewing. Consequently, the sale of broadcasting and media rights is the most important source of revenue for professional sports clubs. We survey the economic literature dealing with this issue, with a special emphasis on the crucial problem that arises with the allocation of revenues when they are raised from the collective sale of broadcasting rights.