Nov.9 (GMM) F1 looks set to finally enter the world of live streaming.
Internet broadcasting has always been ruled out by Bernie Ecclestone, on the basis that the success of the sport’s commercial rights was built on the sale of traditional television rights.
But F1 is being taken over by Liberty Media, whose president and CEO Greg Maffei said this week is looking to expand the sport into ‘OTT’ – or ‘over the top’ internet broadcasting.
“Given the global nature and the dedicated fan base we have, it would seem like an OTT product is something that makes a lot of sense for them (F1) and us,” he said during an analyst call, according to Hollywood Reporter.
However, he admitted that F1’s current setup of traditional television rights means that there are obstacles.
“I don’t think they’re impenetrable, but there’s things to be worked through,” said Maffei.
23/01/2018 Bratches defends F1 internet-pay TV plans Jan.23 (GMM) Sean Bratches has defended Liberty Media's plans to ramp up internet coverage of F1 while moving the sport away from free-to-air television.
Fans have noticed recently that […]
15/11/2016 Ecclestone cool on internet streaming idea Nov.15 (GMM) Bernie Ecclestone has given a cool reception to some of Liberty Media's apparent plans for the future of F1.
One rumoured change is that the sport will move into the realm […]
21/10/2017 F1 eyes Netflix deal for 2018 Oct.21 (GMM) F1 could be set to team up with the popular internet streaming service Netflix.
Germany's Welt newspaper reports that Liberty Media is in talks with the American internet […]
13/03/2019 Liberty admits finding F1 sponsors difficult Mar.13 (GMM) Liberty Media bosses admit they thought it would be easier to attract sponsors to F1.
Chase Carey, the new CEO, and Liberty chief Greg Maffei took over from Bernie […]
20/01/2017 Liberty urges teams to buy into F1 Jan.20 (GMM) New F1 owner Liberty Media has urged the teams to buy into the sport.
Earlier this week, we reported that because the share offer would not include actual voting rights on […]
16/03/2017 Azerbaijan hits back at Liberty over GP jibe Mar.16 (GMM) The promoter of Azerbaijan's grand prix has hit back hard at the chief executive of F1's new owner Liberty Media.
Forbes this week quoted Liberty CEO Greg Maffei as strongly […]
07/03/2017 Liberty scoffs at F1 TV deal in US Mar.7 (GMM) Liberty Media chief executive Greg Maffei has scoffed at the amount paid for F1's television rights by the American broadcaster NBC.
Headed by US media tycoon John Malone, […]
26/08/2018 F1 ‘not a business’ under Ecclestone – Bratches Aug.26 (GMM) Sean Bratches says formula one is working hard to improve.
Last week, Liberty Media's F1 commercial boss agreed with Fernando Alonso that a lack of track excitement was a […]
19/12/2016 Liberty still striding towards F1 takeover Dec.19 (GMM) Liberty Media is continuing to formalise its takeover of formula one.
Last week, the company said it had lined up $1.55 billion in investments to support the deal.
"We look […]