Peter Cohen, Global Head of Media Banking at Barclays PLC, discusses the rapidly changing landscape of sports media -- including Walt Disney Co.’s purchase of a portion of 21st Century Fox’s sports assets, declining TV ratings for the National Football League and the value of regional sports networks. The media banker also discusses the resignation of ESPN President John Skipper, and the emergence of tech companies like Amazon and Twitter as bidders for future media rights. That’s helping fuel the skyrocketing valuations of sports franchises like the NFL’s Carolina Panthers, who will be sold during the off season by embattled owner Jerry Richardson.

Cohen has run Barclays’s media banking division since 2015. Prior to joining Barclays, Cohen ran the Media and Entertainment division at Blackstone Group, where he advised on the $2.15 billion sale of baseball’s Los Angeles Dodgers in 2012, then a record for a franchise transaction. Cohen also represented the Tribune Co. on its 2009 sale of the Chicago Cubs.

Peter Cohen, Global Head of Media Banking at Barclays PLC, discusses the rapidly changing landscape of sports media -- including Walt Disney Co.’s purchase of a portion of 21st Century Fox’s sports assets, declining TV ratings for the National Football League and the value of regional sports networks. The media banker also discusses the resignation of ESPN President John Skipper, and the emergence of tech companies like Amazon and Twitter as bidders for future media rights. That’s helping fuel the skyrocketing valuations of sports franchises like the NFL’s Carolina Panthers, who will be sold during the off season by embattled owner Jerry Richardson.Cohen has run Barclays’s media banking division since 2015. Prior to joining Barclays, Cohen ran the Media and Entertainment division at Blackstone Group, where he advised on the $2.15 billion sale of baseball’s Los Angeles Dodgers in 2012, then a record for a franchise transaction. Cohen also represented the Tribune Co. on its 2009 sale of the Chicago Cubs.

Michael Barr, Vanessa Perdomo and Damian Sassower follow the money in the world of sports, taking listeners inside decisions that power the multibillion dollar industry. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back-page entertainment. The show explains the money behind the games.

Michael Barr, Vanessa Perdomo and Damian Sassower follow the money in the world of sports, taking listeners inside decisions that power the multibillion dollar industry. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back-page entertainment. The show explains the money behind the games.

Scarlet Fu, Michael Barr and Damian Sassower follow the money in the world of sports, taking listeners inside decisions that power the multibillion dollar industry.

Bloomberg Business of Sports

ESPN, NFL Ratings and Sports Media's New World Order

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/239181e4-a17c-4fef-a99d-ae39009de32d/transcript