1 00:00:01,280 --> 00:00:03,520 Speaker 1: This episode is brought to you by P and C Bank. 2 00:00:03,920 --> 00:00:06,680 Speaker 1: A lot of people think podcasts about work are boring, 3 00:00:06,880 --> 00:00:10,719 Speaker 1: and sure they definitely can be, but understanding a professionals 4 00:00:10,800 --> 00:00:14,080 Speaker 1: routine shows us how they achieve their success little by little, 5 00:00:14,440 --> 00:00:18,079 Speaker 1: day after day. It's like banking with P and C Bank. 6 00:00:18,560 --> 00:00:21,360 Speaker 1: It might seem boring to save, plan and make calculated 7 00:00:21,400 --> 00:00:24,479 Speaker 1: decisions with your bank, but keeping your money boring is 8 00:00:24,520 --> 00:00:27,840 Speaker 1: what helps you live a more happily fulfilled life. P 9 00:00:27,960 --> 00:00:32,800 Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 10 00:00:32,840 --> 00:00:35,479 Speaker 1: Boring since eighteen sixty five is a service mark of 11 00:00:35,520 --> 00:00:38,760 Speaker 1: the PNC Financial Service Group, Inc. P and C Bank 12 00:00:39,159 --> 00:00:44,319 Speaker 1: National Association Member FDIC says, your husband was up at 13 00:00:44,320 --> 00:00:46,760 Speaker 1: three in the morning watching NBA. I'm gonna tell you 14 00:00:46,800 --> 00:00:51,440 Speaker 1: something that was me last night. It'll probably be meet tonight. 15 00:00:51,520 --> 00:00:54,280 Speaker 1: New York is playing tonight. But it got me to 16 00:00:54,320 --> 00:00:57,800 Speaker 1: thinking about METEA rites and revenue streams and so for 17 00:00:57,840 --> 00:01:05,320 Speaker 1: the DL, is there a next flaire? Is it a 18 00:01:05,440 --> 00:01:10,240 Speaker 1: traditional model where it's it's media rights, it's merchandising, it's tourism. 19 00:01:11,040 --> 00:01:14,600 Speaker 1: How is it structured here and what's the plan for scalability. 20 00:01:14,040 --> 00:01:19,480 Speaker 2: For that, thank you. So mainly four ways that leagues 21 00:01:19,560 --> 00:01:22,760 Speaker 2: like ours can monetize and I think the more common 22 00:01:22,800 --> 00:01:25,600 Speaker 2: one for African for our league is sponsorship and marketing 23 00:01:25,640 --> 00:01:28,640 Speaker 2: partnerships and that's where you see some of the partnerships. 24 00:01:28,640 --> 00:01:31,760 Speaker 2: We have your service now visit round the Africa Zimbak 25 00:01:32,319 --> 00:01:36,200 Speaker 2: and run there. So yes, sponsorship and marketing rights and 26 00:01:36,400 --> 00:01:40,360 Speaker 2: using our platform that we give to market products and services. 27 00:01:41,319 --> 00:01:46,720 Speaker 2: We have overall NBAS over one billion funds. Within Africa 28 00:01:46,760 --> 00:01:49,120 Speaker 2: we have millions. We have one point two you know 29 00:01:49,320 --> 00:01:52,080 Speaker 2: impression billion impressions in the last season. And when you 30 00:01:52,120 --> 00:01:54,200 Speaker 2: look at our social media platforms, we have a big 31 00:01:54,200 --> 00:01:57,440 Speaker 2: breach so that rich allows you know, partners like ours 32 00:01:57,440 --> 00:02:00,160 Speaker 2: to really access the funds that we have and that 33 00:02:00,160 --> 00:02:03,680 Speaker 2: that's how we monitorze one way. The other one is 34 00:02:03,680 --> 00:02:07,200 Speaker 2: merchandise and good news is that we just opened an 35 00:02:07,240 --> 00:02:10,919 Speaker 2: e commas bottom it's called Balstore dot NBA dot com 36 00:02:11,080 --> 00:02:16,040 Speaker 2: where you can buy merchandise from anywhere using our ECMMAS platform. 37 00:02:16,600 --> 00:02:19,360 Speaker 2: Now we know that the market, not just in Africa, 38 00:02:19,400 --> 00:02:22,240 Speaker 2: but also especially the African diaspora all over the world 39 00:02:22,320 --> 00:02:25,680 Speaker 2: has been looking to own something with bl whenever they 40 00:02:25,680 --> 00:02:28,639 Speaker 2: interact with it. We saw pictures last year of season 41 00:02:28,720 --> 00:02:31,600 Speaker 2: four with a family in Brazil walking around with BA 42 00:02:31,800 --> 00:02:34,240 Speaker 2: L and we wondered where they got the BL merchandise. 43 00:02:35,160 --> 00:02:37,919 Speaker 2: You know, we've seen pictures in Histrow where people crossing 44 00:02:38,000 --> 00:02:41,720 Speaker 2: security and they're wearing BA L and those anecdotes showed 45 00:02:41,800 --> 00:02:44,359 Speaker 2: us that there's really appetite for consuming BL beyond the 46 00:02:44,360 --> 00:02:48,040 Speaker 2: African market, but also with especially African diaspora all over 47 00:02:48,520 --> 00:02:50,799 Speaker 2: the world, who are really big. In fact, one of 48 00:02:50,840 --> 00:02:52,960 Speaker 2: the statistics that you know, a colleago man shared with 49 00:02:53,000 --> 00:02:55,440 Speaker 2: me is, you know, if you take out China and India, 50 00:02:55,600 --> 00:02:57,520 Speaker 2: the African despera is the third country in terms of 51 00:02:57,520 --> 00:03:01,240 Speaker 2: population globally. So interacting with that market as part of 52 00:03:01,280 --> 00:03:03,160 Speaker 2: what we have to offer as BL continues to be 53 00:03:03,200 --> 00:03:06,480 Speaker 2: important for us. The third one is ticketing. You know, 54 00:03:06,480 --> 00:03:08,359 Speaker 2: when you come to watch games, Every year we see 55 00:03:08,360 --> 00:03:11,160 Speaker 2: ticketing revenues go up because more and more funds are 56 00:03:11,400 --> 00:03:13,600 Speaker 2: coming to watch your games and paying to watch your games, 57 00:03:13,840 --> 00:03:16,080 Speaker 2: and that has been really important as well. Now the 58 00:03:16,120 --> 00:03:19,520 Speaker 2: media market obviously as well, is a big part of 59 00:03:19,560 --> 00:03:23,520 Speaker 2: sports leagues. It's a growing aspect in Africa, whether it's PATV, 60 00:03:23,600 --> 00:03:27,200 Speaker 2: it's still very limited in terms of the coverage free 61 00:03:27,200 --> 00:03:30,240 Speaker 2: to air. Many of the free to air broadcasters are 62 00:03:30,400 --> 00:03:33,440 Speaker 2: national and therefore kind of free access in the countries 63 00:03:33,760 --> 00:03:36,240 Speaker 2: where they serve. But we see that changing, and I 64 00:03:36,240 --> 00:03:38,680 Speaker 2: think one when you say what does the future look like, 65 00:03:39,160 --> 00:03:42,120 Speaker 2: one of the areas we see the future, you know changing, 66 00:03:42,400 --> 00:03:45,280 Speaker 2: is very much around what the w All talked about, 67 00:03:45,560 --> 00:03:48,560 Speaker 2: which is integrating markets in Africa. I think the more 68 00:03:48,600 --> 00:03:52,000 Speaker 2: integrated markets are, the more integrated services are, The more 69 00:03:52,040 --> 00:03:55,560 Speaker 2: integrated we can be, the more you can actually use 70 00:03:55,600 --> 00:03:59,240 Speaker 2: platforms to you know, provide whether it's streaming or broadcasting 71 00:03:59,280 --> 00:04:02,720 Speaker 2: to markets across the continent. Now people like to say 72 00:04:02,800 --> 00:04:05,240 Speaker 2: we need to integrate Africa more, and we really need to. 73 00:04:05,240 --> 00:04:07,760 Speaker 2: We've talked about the African continent a free trade area. 74 00:04:07,880 --> 00:04:10,040 Speaker 2: It's a big aspiration to really break down all this 75 00:04:10,160 --> 00:04:12,480 Speaker 2: barrier so we can trade as one market. But a 76 00:04:12,480 --> 00:04:14,040 Speaker 2: lot has to be done for that to happen, and 77 00:04:14,080 --> 00:04:15,720 Speaker 2: I think we all touched on a couple of those. 78 00:04:16,040 --> 00:04:17,960 Speaker 2: How do you adjust a business in Randa and be 79 00:04:18,000 --> 00:04:20,760 Speaker 2: able to give your services across the fifty four countries 80 00:04:20,800 --> 00:04:23,800 Speaker 2: that's not happening yet today. How do you get a 81 00:04:23,839 --> 00:04:27,320 Speaker 2: license to broadcasts in one country and broadcast in many countries, 82 00:04:27,360 --> 00:04:29,159 Speaker 2: so you can actually access a much bigger market on 83 00:04:29,200 --> 00:04:31,719 Speaker 2: the continent. Those kinds of things need to be solved 84 00:04:32,080 --> 00:04:34,760 Speaker 2: so that we can actually provide services across the continent. 85 00:04:35,080 --> 00:04:37,520 Speaker 2: The good news, I think, especially for metea ites, is 86 00:04:37,560 --> 00:04:39,400 Speaker 2: what we see in some of what they tell us 87 00:04:39,440 --> 00:04:41,680 Speaker 2: are doing. If you give an example of empty and 88 00:04:42,279 --> 00:04:45,599 Speaker 2: three hundred million subscribers across the continent, I know that 89 00:04:45,600 --> 00:04:48,560 Speaker 2: they're thinking about using that platform that already is connected 90 00:04:48,600 --> 00:04:52,320 Speaker 2: by subscription all over the continent to provide contents such 91 00:04:52,320 --> 00:04:54,720 Speaker 2: as content that we would be interested in. So I 92 00:04:54,760 --> 00:04:56,440 Speaker 2: think that's going to change, and I think we're going 93 00:04:56,480 --> 00:04:58,919 Speaker 2: to see more access to media, more media integration, and 94 00:04:58,960 --> 00:05:01,680 Speaker 2: media contributing a lot more than missing today. And for me, 95 00:05:01,720 --> 00:05:02,480 Speaker 2: the future is bright. 96 00:05:09,600 --> 00:05:12,479 Speaker 3: Claire. Just to piggyback on that, you talked about the 97 00:05:12,560 --> 00:05:16,679 Speaker 3: challenges as far as only having five arenas in continent 98 00:05:16,680 --> 00:05:19,000 Speaker 3: in Africa, and obviously that makes it difficult to expand. 99 00:05:19,040 --> 00:05:22,680 Speaker 3: But when you're looking at expanding to either having different 100 00:05:22,680 --> 00:05:25,840 Speaker 3: teams or just focus in a different area, what are 101 00:05:25,920 --> 00:05:28,479 Speaker 3: some of the top areas on the continent that you 102 00:05:28,560 --> 00:05:31,159 Speaker 3: guys have on your board as far as you want to, 103 00:05:31,200 --> 00:05:32,719 Speaker 3: you know, have more expansion in. 104 00:05:34,000 --> 00:05:36,160 Speaker 2: Well, we would like to be in all the countries 105 00:05:36,160 --> 00:05:40,560 Speaker 2: in Africa if we could. But today we're playing four countries, 106 00:05:40,680 --> 00:05:43,800 Speaker 2: but we have twelve teams that play. So ideally in 107 00:05:43,839 --> 00:05:46,200 Speaker 2: those twelve, you know, those twelve teams should be representing 108 00:05:46,240 --> 00:05:50,440 Speaker 2: countries that we have that there's interest in playing in 109 00:05:50,520 --> 00:05:53,560 Speaker 2: playing in. But beyond the twelve, even before we get 110 00:05:53,600 --> 00:05:56,159 Speaker 2: the qualifiers for the twelve, we have the broad to 111 00:05:56,200 --> 00:05:59,920 Speaker 2: be a lot more countries actually participate. So actually countries 112 00:05:59,920 --> 00:06:03,320 Speaker 2: are participating in the wider community that BL brings together 113 00:06:03,440 --> 00:06:05,320 Speaker 2: is more than you know, four countries at horses, more 114 00:06:05,360 --> 00:06:07,800 Speaker 2: than twelve teams at play. It's a lot more, you know, 115 00:06:07,800 --> 00:06:10,440 Speaker 2: if you come from the qualification road to BL until 116 00:06:10,440 --> 00:06:13,760 Speaker 2: the final competitions. And so our goal is to work 117 00:06:13,800 --> 00:06:17,160 Speaker 2: with as many countries as possible that wish to be 118 00:06:17,240 --> 00:06:19,000 Speaker 2: part of this story, and they're there every day we 119 00:06:19,080 --> 00:06:21,400 Speaker 2: get as I said, you know, I know Nigeria is 120 00:06:21,400 --> 00:06:24,000 Speaker 2: building an arena. Benin is building an arena. You know, 121 00:06:24,040 --> 00:06:27,560 Speaker 2: we went Morocco for the first time after Egypt. You know, 122 00:06:27,600 --> 00:06:30,240 Speaker 2: we are going South Africa. The many countries Kenya, for example, 123 00:06:30,240 --> 00:06:33,960 Speaker 2: we have an office in Kenya and then Aerobicity Thunders came, 124 00:06:34,120 --> 00:06:36,200 Speaker 2: you know, for the first time representing Kenya in the 125 00:06:36,200 --> 00:06:40,039 Speaker 2: BL and so you can Uganda had a team City 126 00:06:40,040 --> 00:06:42,120 Speaker 2: Oilers that has been coming for the last seasons. So 127 00:06:42,120 --> 00:06:44,159 Speaker 2: there's potential in a lot more countries. I think the 128 00:06:44,240 --> 00:06:47,320 Speaker 2: question is how do we work with investors, how do 129 00:06:47,360 --> 00:06:49,440 Speaker 2: we work with the governments to put in place that 130 00:06:49,560 --> 00:06:53,080 Speaker 2: environment of infrastructure that could allow this to happen. The 131 00:06:53,160 --> 00:06:56,120 Speaker 2: good news is that every year, as we grow and 132 00:06:56,160 --> 00:06:58,760 Speaker 2: we see the impact of b AL, we get more interests, 133 00:06:58,839 --> 00:07:03,960 Speaker 2: including from development financial institutions like a Frigzen Bank, a FDBM. 134 00:07:04,040 --> 00:07:06,560 Speaker 2: We've seen investors come to us and say what does 135 00:07:06,560 --> 00:07:09,440 Speaker 2: it take to build an arena? Who do we build 136 00:07:09,480 --> 00:07:11,680 Speaker 2: an arena for? And I think that's going to change. 137 00:07:11,680 --> 00:07:13,880 Speaker 2: I really think that over the next five years you're 138 00:07:13,920 --> 00:07:17,040 Speaker 2: going to see a lot more standardized arenas than you've 139 00:07:17,040 --> 00:07:18,680 Speaker 2: seen today, and that's going to allow us to plan 140 00:07:18,760 --> 00:07:21,160 Speaker 2: as many countries as we could. 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