2) Here's how the financials work:
• NFL signs a $50M sponsorship deal
• Artists get a $10M to $15M production budget
This budget covers 2,000 to 3,000 part-time workers, including set design, security, dancers, and marketing.
But artists don't get any of the money.
• NFL signs a $50M sponsorship deal
• Artists get a $10M to $15M production budget
This budget covers 2,000 to 3,000 part-time workers, including set design, security, dancers, and marketing.
But artists don't get any of the money.
4) The Super Bowl is watched by 200 million people globally.
So while brands spend $7 million for 30-second commercials during this year’s game, Rihanna will receive a 15-minute commercial for free.
That is much more valuable than her performance fee.
And the data backs it up.
So while brands spend $7 million for 30-second commercials during this year’s game, Rihanna will receive a 15-minute commercial for free.
That is much more valuable than her performance fee.
And the data backs it up.
10) If you enjoyed this thread, you should:
1. Follow me; I tweet cool stories like this every day.
2. Join 86,000+ others and subscribe to my free newsletter, where I break down the business and money behind sports.
huddleup.substack.com
1. Follow me; I tweet cool stories like this every day.
2. Join 86,000+ others and subscribe to my free newsletter, where I break down the business and money behind sports.
huddleup.substack.com
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