🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

U.S. ratings for Tokyo Olympics plunge to half of 2012 Games

Published 08/09/2021, 06:56 PM
Updated 08/09/2021, 08:02 PM
© Reuters. FILE PHOTO: Tokyo 2020 Olympics - Water Polo - Women - Group B - United States v Russian Olympic Committee - Tatsumi Water Polo Centre, Tokyo, Japan - July 30, 2021. The Olympic rings are reflected on the pool. REUTERS/Kacper Pempel
CMCSA
-

By Lisa Richwine

LOS ANGELES (Reuters) -U.S. viewership for the Summer Olympics in Tokyo, a competition clouded by the COVID-19 pandemic, dropped to about half the audience for the London Games in 2012, according to data released by Comcast Corp (NASDAQ:CMCSA)'s NBCUniversal on Monday.

The 17-day event averaged 15.5 million primetime viewers on the NBC broadcast network and digital platforms including the Peacock streaming service, the company said in a statement. That represented the smallest audience for the Summer Games since NBC began broadcasting them in 1988.

The total slumped below the 31.1 million viewers who watched the Summer Olympics in London via TV and online outlets, and 26.7 million who tuned in for the 2016 Games in Rio de Janeiro, an NBC spokesman said.

Comparisons with previous Olympic Games are imperfect given the different times zones, the pandemic and fewer streaming options in the past. The Tokyo events, delayed a year due to the global health crisis, were held without spectators and offered less of the usual spectacle.

Executives at NBCUniversal have said they expect to turn a profit despite the ratings declines. The competitions still pulled in the biggest audiences on television when they aired, making them attractive showcases for advertisers.

"There is nothing more powerful in media than the 17 straight days of Olympics dominance," NBC Sports Chairman Pete Bevacqua said in a statement. "Despite being thrown a series of curveballs over the last 18 months, the power of the Olympics delivered to audiences across the various platforms of NBCU has proven itself unequaled."

The company said viewers streamed nearly 6 billion minutes of Tokyo Olympics programming, a record for an Olympics, across NBC's digital and social media platforms, the company said.

NBCUniversal aired the Games across two broadcast networks, six cable networks, and multiple digital platforms including Peacock. That left some viewers confused and struggling to find the events they wanted to watch.

Some high-profile athletes were absent from major events. U.S. superstar gymnast Simone Biles pulled out of five of her six events, citing concerns for her mental and physical health, and American sprinter Sha'Karri Richardson was disqualified after testing positive for marijuana.

© Reuters. FILE PHOTO: Tokyo 2020 Olympics - Water Polo - Women - Group B - United States v Russian Olympic Committee - Tatsumi Water Polo Centre, Tokyo, Japan - July 30, 2021. The Olympic rings are reflected on the pool. REUTERS/Kacper Pempel

The TV ratings drop reflects a trend among live events, including Hollywood awards shows and sports championships.

NBC owns the U.S. media rights to the Olympics through 2032. The next games, the Winter Olympics in Beijing, take place in February 2022.

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.