Variety: "TV Networks Bet on Golf to Lure Sports Audiences Back to the Screen"

Variety’s Brian Steinberg talks to various network types to report on how live golf is garnering interest in the ad world at a time when buys are on a severe decline. Whether it’s a scarcity matter or renewed faith in pro golf as a promotional tool, remains to be scene, according to Steinberg:

Others are placing emphasis on golf, too. WarnerMedia has sold all its commercial inventory for its May 24 broadcast of a celebrity golf match between Tiger Woods, Tom Brady, Phil Mickelson and Peyton Manning. And CBS is seeing high interest for PGA Tour events it plans to air in June, with appropriate social-distancing requirements. “For us, the PGA starts on June 11 in Texas. We’re seeing very strong demand for that,” said ViacomCBS CEO Bob Bakish during a recent call with investors.

Golf has long been important to various networks, which fill hours of their weekend schedules televising the Masters and sundry PGA Tour stops. That relationship was spotlighted in early March, when ESPN, CBS and NBC agreed to a new nine-year pact with PGA Tour that could come to at least $680 million.

Whether the current demand reflects a new desire for golf – or for Nascar, another sport that started up last weekend with a race that took place in South Carolina without fans – remains to be seen.