will present an alternate live-streamed feed of the games that includes commentary on betting analysis and odds. The feed, known as “TNT Bets” and made available to cable and satellite subscribers via the Watch TNT app, will be hosted by Bleacher Report’s Cabbie Richards, Kelly Stewart and Tim Doyle, and gaming company“We haven’t done anything like this to date,” says Will Funk, executive vice president of sports partnerships and branded content at WarnerMedia’s Turner Sports, in an interview.
Many of WarnerMedia’s rivals are making similar moves as more states give the nod to legalized sports gambling. Earlier, this week, Walt Disney’s ESPN unveiled pacts with Caesars Entertainment, Inc. and DraftKings Inc. that put links in ESPN content connecting fans to sportsbooks affiliated with the two companies, and launched a new YouTube channel devoted to wagering. Fox Corp.’s betting unit, Fox Bet, on Tuesday struck an agreement with the Philadelphia Eagles that puts an interactive sports lounge on site at Lincoln Financial Field.
The companies are gambling that linking their sports broadcasts to wagering will foster a deeper connection with viewers, who are increasingly moving away from traditional linear broadcasts to on-demand streaming. And they see the potential to tap new revenue streams. Morgan Stanley last year projected that the U.S. sports-betting marketPrognosticators originally envisioned the activity would simply attract the people making illegal wagers, says Matt King, FanDuel’s CEO, in an interview.
The NBA games may just be the tip-off for WarnerMedia. “We are going to take the learnings from this and apply it to the future,” says Funk. The company quietly tested alternate feeds via NBA TV earlier in the year and intends to make more of them available. “This is not just a one-game kind of thing,” adds Funk.
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