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People love to stream sports but is this a problem for the streaming platforms themselves? Find out more later in this email. |
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💵 Today’s Top Stories |
| | It may be tempting to purchase roadside assistance when you buy car insurance. But it’s usually a horrible idea, as Clark explains. Read more. |
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| | It’s natural to get flustered and upset when a customer service agent isn’t interested or helpful. Rather than get angry, here are Clark’s seven steps for getting what you want. Read more. |
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| | The SIPC, similar to the FDIC for banks, protects investment accounts up to $500,000. Does that mean it’s dangerous to invest more than that through a single company? Read more. |
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| | Did you know you can access the T-Mobile network while paying bargain-basement prices? Here’s the cheapest overall plan, unlimited plan and the best hotspot plan among those networks. Read more. |
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📣 Today’s Top News |
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🏈 Streaming Loves Sports … Except For the Churn |
As one of the only things people prefer to watch live, sports is becoming an ever-more-important part of the streaming landscape. |
Netflix, Amazon and Google are upping the ante by competing with traditional companies such as CBS, FOX and NBC. |
The NBA just secured $77 billion in new broadcast rights deals. NBCUniversal’s Peacock added 2.8 million signups in the first six days of the Paris Olympics alone. |
But streaming signups invested in sports seem especially finicky. For example, in Q1, YouTube TV lost 150,000 subscribers for the first time in its seven-year history. It came during the same quarter as the NFL season ended. |
Peacock itself saw a large bump after an NFL wild card game streamed exclusively on the platform in January. But it later lost 500,000 subscribers who churned out. |
It will be interesting to observe the percentage of the millions of new subscribers who leave Peacock now that the Paris Olympics have closed. |
If sports rights cause such seasonality among subscribers, will it force platforms to attempt to grab rights to enough popular sports properties to avoid “off-season” dips? Or will it eventually start to create a headwind for major sports leagues as they renew their broadcast rights? |
Time will tell. |
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📊 Stat of the Day |
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💰️ Deal Alert: Today’s Top Deals |
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🎙️ Podcast |
| Full Show: QR Code Scam Warning and Clark’s Secret To Avoid Rental Car Toll Fees |
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QR codes are everywhere – and so are scams. Before you scan a QR code at a restaurant, parking structure, or anywhere, Clark has tips you need to know to protect yourself. Also, rental car companies are known for fees on just about everything, including tolls. Clark shares a few secrets to help you save. |
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☎️ Need Money Help? |
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information. |
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Did You Enjoy Today’s Newsletter?Let us know what you think so we can better serve you! | |
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