Asia Summit 2016
The Business of Sports and Entertainment
Friday, September 16, 2016 / 2:15 pm - 3:15 pm
For multitudes around the world, professional sports cut across race, class and borders. Football, basketball, golf, baseball and tennis are just a few of the sports that have attracted global followings driven by an almost religious zeal. The world of international sports also is dominated by multibillion-dollar businesses battling for market share among a burgeoning number of entertainment options. Television networks pay huge sums for rights to transmit competitions. For example, this year Sky Sports signed a deal to air Chinese Super League football in the UK after Chinese clubs spent more than $350 million to acquire top players from European leagues. This panel will explore where Asia's multibillion-dollar sports and entertainment business is headed.