So far, even the Olympics can’t budge our outdated TV models
[Commentary] Once again, NBC is irritating the heck out of millions of Americans by messing around with the Olympics. Once again, the decision to show the opening ceremony in prime time via a time delay has resulted in people accusing NBC of “not getting it,” and of thinking “it’s 1992.” Once again, the decision to edit the games has some sports fans irked about cuts NBC made in the opening ceremony. And once again, U.S. consumers don’t get it.
Sure, people are frustrated because they can’t easily stream the Olympics online without a cable subscription, and there will always be sports fans who don’t want the edited version of The Games with the life stories on athletes and dramatic cuts. But frankly, for now, NBC doesn’t really care what those people want. NBC paid $1.18 billion for the right to broadcast the Olympics and it will be a cold day in hell before it dilutes the amount it can charge advertisers or the value it has to cable providers. In many ways, even though NBC depends on huge audiences to justify the rates it’s charging advertisers, it can afford to alienate some of them.
So far, even the Olympics can’t budge our outdated TV models