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NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

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Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#51

Post by wtn »

reaperducer wrote: post #26
tw04 wrote: post #20

The NBA really needs to grow a spine on this one. They have nothing to lose but incremental profits and in the long run China will lose. It will just be one more reminder for the populace that their current government restricts them from luxuries the rest of the world gets to experience. And if that doesn't bother them, good riddance I guess, it's not like China is going to come up with their own basketball league th…

While I agree that the NBA has stand up and to do the right thing, I'm not sure that "incremental" is the correct description of the league's profits. I read an article very recently (NY Times, maybe?) that laid out the numbers, and the amount of money the NBA earns in China dwarfs its U.S. revenue. not like China is going to come up with their own basketball league It already has basketball leagues. And considering…

NBA annual TV revenue: $4B China (CCTV & Tencent) versus $24B USA (ESPN & TNT).

Those numbers are outdated and incomplete, but basically describe the relative market size.

Maybe you are thinking of rate of growth.

EDIT: As tanilama pointed out my numbers are wrong. The USA (ESPN & TNT) TV deal is about ~$2.6B per year. The Tencent streaming deal is ~$1.5B over 5 years. I don't know about CCTV.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#52

Post by yourbandsucks »

nostromo wrote: post #14

It's not much of a dilemma though, is it? Already-rich folks kowtowing to fascists for a quick buck is beyond pathetic. US companies should stop targeting China for growth. If they don't steal your IP completely, they'll eventually freeze you out like they just did the NBA. It's happened to many companies and will eventually happen to you too. Play stupid games, win stupid prizes.

It's a dilemma in that neither the NBA nor their Chinese fans necessarily want to be dragged into this particular crossfire. Even if you're pro-confrontation over various issues, shared enjoyment of basketball is like the last battlefield I'd choose.

I liked Silver's response. Respectfully but firmly refusing to get into regulating the politics of however many players and employees.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#54

Post by ChuckNorris89 »

Shivetya wrote: post #27

NBA? How about the US government? I know in another post I made the point that we could not just call out Blizzard or other game companies but instead have to call out ALL companies that do business in China and worse crack down on their own and related who dare say something China does not approve of. However the real party that has to be taken to task is our own governments. In the US that means both Congress and t…

>How it plays out in the EU I have no idea, news of any of their businesses or governments bending to China's will are pretty much absent from US news

EU governments and companies bend over for China way easier than in the US as there's a huge lack on unity in the EU where it's every country for itself like when China protested on Norway's leaders not meeting the Dalai Lama and Norway complied.[1]

[1]https://www.nytimes.com/2014/05/08/world/europe/norways-lead...

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#56

Post by davidw »

johnchristopher wrote: post #35
nostromo wrote: post #14

It's not much of a dilemma though, is it? Already-rich folks kowtowing to fascists for a quick buck is beyond pathetic. US companies should stop targeting China for growth. If they don't steal your IP completely, they'll eventually freeze you out like they just did the NBA. It's happened to many companies and will eventually happen to you too. Play stupid games, win stupid prizes.

What if it impacts US citizen's pension funds or other (public?) investing strategies ? It's not like financial assets aren't intermixed.

So what if it does? Some things are not worth that additional bump in stock prices.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#57

Post by tyre »

nugget wrote: post #38
nostromo wrote: post #14

It's not much of a dilemma though, is it? Already-rich folks kowtowing to fascists for a quick buck is beyond pathetic. US companies should stop targeting China for growth. If they don't steal your IP completely, they'll eventually freeze you out like they just did the NBA. It's happened to many companies and will eventually happen to you too. Play stupid games, win stupid prizes.

>Already-rich folks kowtowing to fascists for a quick buck is beyond pathetic. Most NBA team owners are already billionaires. I believe most of them are self-made and have signed the giving pledge, meaning they will donate much of their wealth to charities at or before their death. If anyone can afford to take a stand, it would seem to be them.

The owner of the Nets is an executive at Alibaba. He will follow the party line and has (calling Hong Kong protestors “separatists”, etc.)

The jersey sponsor of the LA Lakers is Wish.com, a company doing drop shipping from China.

LeBron James is sponsored by Nike (as are all of the jerseys) and Nike has significant interest in keeping the Chinese market open. LeBron is leading production of Space Jam 2. He won’t jeopardize international acclaim and box office revenue for this.

This is the same for every other player. Sponsorship deals with apparel companies are a huge source of income. Few stars are untouchable and the ones who are wont risk other business interests.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#58

Post by danem »

tw04 wrote: post #20

The NBA really needs to grow a spine on this one. They have nothing to lose but incremental profits and in the long run China will lose. It will just be one more reminder for the populace that their current government restricts them from luxuries the rest of the world gets to experience. And if that doesn't bother them, good riddance I guess, it's not like China is going to come up with their own basketball league th…

> it's not like China is going to come up with their own basketball league that's going to overtake the NBA, ever.

Why not? Is it inconceivable that in the future the CBA will be able to compete with the NBA for top talent? I guarantee that down the road a future Zion Williamson will choose to play in China over New Orleans. This won't be in the near future mind you, but as the Chinese economy grows, and as basketball gets more popular, I don't see why this couldn't be the future.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#59

Post by 5trokerac3 »

madiathomas wrote: post #46
5trokerac3 wrote: post #32

Earlier quoted context omitted.

https://en.wikipedia.org/wiki/Great_Leap_Forward#Consequence... https://en.wikipedia.org/wiki/Social_Credit_System#Implicati... https://www.businessinsider.com/china-xinjiang-prisoners-bli... https://www.theatlantic.com/international/archive/2013/02/ch...

Show me evidence of China travelling to other countries and kill millions of people like the United States. As a non-citizen of China, I am not worried about social credit system and any monitoring that happens in China. Every country does have some human rights violations. I am worried about a country that thinks they can travel to any country and bomb civilians when they want to loot their resources.

I have a feeling you're not going to want to admit this, but the current administration is actively reversing that policy. Also look into what China is doing economically in Africa and you might be reminded of pre-Gulf War America in the Middle East.

Re: NBA's China dilemma: $4B at risk as Chinese TV cancels game broadcasts

#60

Post by duxup »

whitebread wrote: post #45

Can we relax with the self-made, altruistic view of billionaires? Self-made is a myth, and an NBA owner just released a book titled "Shut Up and Listen." Money talks, and it seems pretty clear that all of the moves previously made were actually for profits, not social causes.

>Can we relax with the self-made, altruistic view of billionaires?

I'm not sure that user is pushing a particular agenda you describe. Nor does the name of a book prove much of anything.

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