💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Twitter grabs average 243,000 viewers in NFL livestream debut

Published 09/16/2016, 07:14 PM
© Reuters. People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo  in Warsaw
BAC
-
F
-
AABA
-
VZ
-
META
-

By Amy Tennery and Jessica Toonkel

NEW YORK (Reuters) - Twitter Inc attracted an average of 243,000 viewers to Thursday's National Football League livestream of the New York Jets triumph over the Buffalo Bills, the first time the social media platform has broadcast an NFL game.

The event drew mostly praise from Twitter users and media experts have said the NFL deal helps Twitter maintain its position as a venue for live video.

Still, the Twitter audience was only a fraction of the average of 15.7 million people watching across television and digital platforms, according to NFL data of the game, which the Jets won, 37-31.

Twitter’s arrangement with the NFL comes as sports fans increasingly rely on the internet to watch video at the expense of traditional cable and satellite connections.

The microblogging platform has struggled with user growth and advertising competition, and livestreaming the games gives it a new avenue to attract users as it tries to catch up with rivals such as Facebook Inc (NASDAQ:FB).

Anheuser-Busch InBev SA F) Co, Bank of America (NYSE:BAC) Corp and Verizon Communications (NYSE:VZ) were among the brands that ran video ads during the game's livestream.

The deal with the NFL has the potential to reignite brands’ interest in working more with Twitter after it has had a bumpy ride over the past several months, said Victor Pineiro, senior vice president, social media at Big Spaceship, a Brooklyn, New York-based digital ad agency.

“We still see a big role for it,” he said.

For example, there is an opportunity for brands to be part of the conversation around the games through sponsored tweets and other means, said Edithann Ramey, vice president, marketing for Chili's Grill and Bar, a Dallas-based restaurant chain.

"It's very intriguing to us in terms of the number of impression they bring and ways we can jump in and be part of the conversation," Ramey said.

Twitter is the second tech company to livestream an NFL game. In October, Yahoo (NASDAQ:YHOO) Inc livestreamed a game between the Jacksonville Jaguars and the Buffalo Bills in London, which attracted an average of 2.36 million viewers, versus the 243,000 in the Twitter game.

About 15.2 million viewers watched at least part of the game on Yahoo, while a total of 2.3 million people tuned into Thursday's game or pregame show on Twitter for at least three seconds, according to the NFL.

© Reuters. People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo  in Warsaw

The Yahoo game, however, was not broadcast on U.S. TV nationwide and in some cases, the stream automatically started playing on Yahoo websites.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.