Pink's Bottom Line on Media, Money and Sports
Podcasts, used car prices, top NFL quarterbacks and more from the worlds of media money and sports plus my NFL Pick of the Week —Playoff Edition
In today’s newsletter, I discuss podcasts, used car prices, top NFL quarterbacks and more from the worlds of media, money, and sports plus my NFL Pick of the Week —Playoff Edition.
MEDIA
Pink’s Bottom Line: Podcasting, though, is still in a growth phase, but it is existing podcasts, not new ones, that appeal to both the audience and the advertiser.
Pink’s Bottom Line: This deal by CW Network is the first step in a new direction — an emphasis on live sports and events — for the network that’s been known in the past mostly for scripted programming for teenage viewers.
Pink’s Bottom Line: The announcement reflects the rapid and disquieting impact that AI will have across the entire media industry.
MONEY
Pink’s Bottom Line: Look for rents to remain under pressure for the rest of the year though rents still are sharply higher now compared to a year ago.
Pink’s Bottom Line: If that index shows moderating or declining inflation, that will be a key data point that sparks the Fed to consider slowing the size or the pace of interest rate hikes.
Pink’s Bottom Line: Used car prices will continue to slump for the remainder of 2023 thanks to muted consumer demand and an increase in supply of new vehicles.
SPORTS
Pink’s Bottom Line: The quarterback talent in the AFC is far superior to that in the NFC, and it’s why an AFC team will win the Super Bowl this year.
Pink’s Bottom Line: Jokic has led the Nuggets to the best record in the Western Conference, and if Denver stays healthy, the team will be a real threat to win the NBA title.
Pink’s Bottom Line: Expectations are running high for both New York teams this year, and if both the Yankees and Mets do well, it will give MLB a much needed boost in both overall interest and television viewership.
NFL Pick of the Week — Playoff Edition
Cincinnati Bengals (+5.5) at Buffalo Bills
The Bengals dominated the Bills when the two teams met in early January in the game that was cancelled due to the horrific injury of Buffalo’s Damar Hamlin.
Since then, the Bills have looked shaky on offense due to numerous turnovers from quarterback Josh Allen, and the team generated little in the way of a pass rush on defense.
In the past two weeks, Cincinnati beat division rival Baltimore twice — once in the regular season and once in the Playoffs — in hard fought games. The Bengals, though, have suffered injuries to their offensive line, which has been terrific this year protecting quarterback Joe Burrow.
Look for the Bills to continue to struggle on offense and put up little resistance even against a depleted Cincinnati offensive line. Additionally, Burrow will take care of the ball better than Allen, and the Bengals will win the turnover battle.
As such, I am taking the Cincinnati and the 5.5 points, and the Bengals will win the game outright.
Jeremy Pink consults for media, sports and tech companies around the world. He is the former CEO of private-equity backed Broadcast Sports International where he helped lead the company to a successful sale and exit during his tenure there. He is also a former CNBC television executive in New York, London and Singapore. He started his career as a sportswriter for two newspapers in Columbus, Ohio.
The information contained in this communication is strictly for general informational and entertainment purposes and is not meant to be construed as financial, investment, tax, or legal advice. This communication is not a solicitation to buy or sell any securities. I am not a financial advisor or offering professional advice of any kind. Users should not act upon the content or information found within this communication without first seeking professional advice appropriate for their individual situation. Decisions based on information contained in this communication are the sole responsibility of the user, and use of this communication and its contents constitutes an explicit understanding and acceptance of the foregoing disclaimers.
(Newsletter Editor: Karina Pink)