My Answer on Quora to: What are some $1B+ markets ripe for disruption?

What are some $1B+ markets ripe for disruption?

Chris McCoyhelping pioneering crowdfunding ...

Sports media rights (sports broadcasting). 

It's a $9B industry here in the U.S. $26B worldwide. Yet 99.99% of the games played around the world still aren't legally broadcast. Anywhere. On TV. Mobile. Web. You name it. 

YouTube and live streaming co's don't count--they're effectively stealing a property's media rights. 

Fans miss lots of games. Teams and leagues miss out on much-needed revenues.

ESPN, Fox Sports Net, Comcast SportsNet, Sky--they're all prime for disruption. Industry needs a new business model first. Ads and PPV aren't profit centers. Without audience guarantees, how does a network know which games to produce and sell brand ads against? They don't. Same goes for the PPV model.

I'm working on trying to change this. 

 

Posted by Chris McCoy