1 00:00:00,760 --> 00:00:03,240 Speaker 1: This is the Bloomberg Business of Sports show, where we 2 00:00:03,279 --> 00:00:05,240 Speaker 1: explore the big money issues in the world of sports 3 00:00:05,280 --> 00:00:08,719 Speaker 1: on Michael Barr Where is my barbecue? Happy Labor Day. 4 00:00:08,760 --> 00:00:11,719 Speaker 1: We've got the US Open going on and it's doing 5 00:00:11,800 --> 00:00:15,800 Speaker 1: huge numbers all across the board, from revenue to viewership, 6 00:00:15,880 --> 00:00:19,960 Speaker 1: ticket sales, you name it. The Bloomberg Business Week team 7 00:00:20,560 --> 00:00:23,479 Speaker 1: was at the Open this past week and got a 8 00:00:23,560 --> 00:00:26,439 Speaker 1: chance to talk to some of the people who helped 9 00:00:26,440 --> 00:00:28,880 Speaker 1: to put it together this year. Here's a bit of 10 00:00:28,920 --> 00:00:32,040 Speaker 1: their conversation with the U S t A Chief Commercial Officer, 11 00:00:32,479 --> 00:00:34,839 Speaker 1: Kirsten Corea. You do a lot of stuff here and 12 00:00:34,880 --> 00:00:38,800 Speaker 1: we've talked about in terms of ticketing, hospitality, but you've 13 00:00:38,800 --> 00:00:42,640 Speaker 1: taken on a new role of chief Commercial Officer. So 14 00:00:42,720 --> 00:00:44,600 Speaker 1: what does that mean and what does it mean to 15 00:00:44,920 --> 00:00:46,920 Speaker 1: kind of market the U s t O t A, 16 00:00:47,000 --> 00:00:48,839 Speaker 1: which I feel like has such a well known brand 17 00:00:49,720 --> 00:00:52,839 Speaker 1: UM tell us top of mind for you. So it 18 00:00:52,920 --> 00:00:56,400 Speaker 1: also includes our corporate partners UM you know, who are 19 00:00:56,440 --> 00:01:00,000 Speaker 1: our true partners, and ensuring that we have an opportunity 20 00:01:00,040 --> 00:01:02,240 Speaker 1: to deliver this event in such a spectacular way for 21 00:01:02,240 --> 00:01:04,960 Speaker 1: the fans. We can see it from where we sit 22 00:01:05,000 --> 00:01:08,039 Speaker 1: here here right now, but there's spectacular activations across the 23 00:01:08,040 --> 00:01:11,000 Speaker 1: grounds that our partners bring for the fans as well 24 00:01:11,040 --> 00:01:14,480 Speaker 1: as events like, um, you know, our fans are our 25 00:01:14,560 --> 00:01:16,800 Speaker 1: partners are activating in different ways, whether it's the American 26 00:01:16,840 --> 00:01:20,120 Speaker 1: Express Fan Experience that's a beautiful, awesome experience that I 27 00:01:20,200 --> 00:01:22,880 Speaker 1: highly recommend that you should go through our partners a 28 00:01:22,959 --> 00:01:24,920 Speaker 1: chase or have done the Chase sound check that they 29 00:01:24,920 --> 00:01:27,319 Speaker 1: brought d n C. Joe Jonas is band that performed 30 00:01:27,400 --> 00:01:30,000 Speaker 1: last Friday night to cap off the end of fan Week, 31 00:01:30,160 --> 00:01:32,200 Speaker 1: and that was free and open to the public, and 32 00:01:32,240 --> 00:01:34,480 Speaker 1: so they really enhance the event and enable us to 33 00:01:34,520 --> 00:01:36,959 Speaker 1: bring it to just such a higher level. Um, do 34 00:01:36,959 --> 00:01:38,880 Speaker 1: you have a million corporate sponsors? You're like, we want 35 00:01:38,880 --> 00:01:41,800 Speaker 1: to be part of this. We we have many that 36 00:01:41,840 --> 00:01:44,920 Speaker 1: are interested. We are selective in in who we partner 37 00:01:44,959 --> 00:01:47,320 Speaker 1: with and and you know, you can you can look 38 00:01:47,319 --> 00:01:49,560 Speaker 1: around and see who our partners are that really aligned 39 00:01:49,600 --> 00:01:51,880 Speaker 1: really nicely with us. We are such we have such 40 00:01:51,920 --> 00:01:55,080 Speaker 1: an attractive audience, both those that are physically on site 41 00:01:55,120 --> 00:01:57,280 Speaker 1: and those that are global around the world to to 42 00:01:57,400 --> 00:02:01,880 Speaker 1: any corporate sponsor. Really we're very gender neutral, were very diverse. 43 00:02:01,960 --> 00:02:04,240 Speaker 1: If you look around our our our crowd and you 44 00:02:04,560 --> 00:02:07,480 Speaker 1: and you watch the tennis, it's a very diverse crowd. 45 00:02:07,520 --> 00:02:10,400 Speaker 1: It's just a very attractive audience for partners to reach. 46 00:02:10,880 --> 00:02:13,639 Speaker 1: And our broadcast rights holders were global. You know, we're 47 00:02:13,639 --> 00:02:16,560 Speaker 1: in We're broadcasting over two hundred countries and territories around 48 00:02:16,560 --> 00:02:18,560 Speaker 1: the world. And while we're here in the U s 49 00:02:18,600 --> 00:02:21,600 Speaker 1: and we're celebrating a US icon and in Serena williams 50 00:02:22,080 --> 00:02:24,280 Speaker 1: um Are, our players come from all over the world, 51 00:02:24,280 --> 00:02:26,080 Speaker 1: and our fans are are from all over the world, 52 00:02:26,160 --> 00:02:28,639 Speaker 1: and and our global rights holder partners enable us to 53 00:02:28,680 --> 00:02:31,200 Speaker 1: do that in the various territories and regions. So all 54 00:02:31,240 --> 00:02:33,200 Speaker 1: that becomes part of the purview and part of the 55 00:02:33,200 --> 00:02:36,520 Speaker 1: privilege to work on those relationships and ensure that we 56 00:02:36,560 --> 00:02:38,200 Speaker 1: deliver as best we can for them and for the 57 00:02:38,200 --> 00:02:40,160 Speaker 1: fans around the world. I have to change the subject 58 00:02:40,160 --> 00:02:42,440 Speaker 1: a little bit because as you were talking, I look 59 00:02:42,480 --> 00:02:44,640 Speaker 1: over your shoulder, Kirston, and I see some of the 60 00:02:44,639 --> 00:02:47,079 Speaker 1: best tennis players in the world walking in and out 61 00:02:47,080 --> 00:02:50,520 Speaker 1: of the media center, but also just walking amongst fans 62 00:02:50,560 --> 00:02:53,639 Speaker 1: here being escorted to their play their games, you know, 63 00:02:53,720 --> 00:02:55,520 Speaker 1: their matches with what they're going to play, to their 64 00:02:55,520 --> 00:02:58,919 Speaker 1: courts and I think to myself, what other sporting event 65 00:02:59,280 --> 00:03:03,520 Speaker 1: do you have acts tess to literally come here to 66 00:03:03,560 --> 00:03:09,040 Speaker 1: watch and encounter the best people in that sport in 67 00:03:09,080 --> 00:03:13,280 Speaker 1: the entire world. It's pretty extraordinary. And you're seeing that 68 00:03:13,320 --> 00:03:15,320 Speaker 1: now in the middle of the first week of the 69 00:03:15,320 --> 00:03:18,160 Speaker 1: main draw. Last week during the fan week, we're open 70 00:03:18,240 --> 00:03:20,720 Speaker 1: and free to the public where there's the qualifying tournament, 71 00:03:20,760 --> 00:03:24,120 Speaker 1: but there's also all the top pros are practicing freely 72 00:03:24,240 --> 00:03:27,440 Speaker 1: across the courts, including an Arthur ash Stadium. So we 73 00:03:27,520 --> 00:03:29,520 Speaker 1: have something called the Fan Pass it's free to register 74 00:03:29,600 --> 00:03:32,480 Speaker 1: for and and the Ash Experience where people could show 75 00:03:32,520 --> 00:03:34,320 Speaker 1: that fan Pass and come in and sit in the 76 00:03:34,360 --> 00:03:36,840 Speaker 1: first row courtside in Arthur ash Stadium where they may 77 00:03:36,920 --> 00:03:39,600 Speaker 1: never ever have a chance to sit there in their 78 00:03:39,640 --> 00:03:42,360 Speaker 1: lifetime and see those players up close and personal. And 79 00:03:42,400 --> 00:03:46,000 Speaker 1: people are actually applauding for points that they're playing in practice. 80 00:03:46,360 --> 00:03:49,240 Speaker 1: And the players stay and they signed autographs, they signed 81 00:03:49,240 --> 00:03:51,440 Speaker 1: the ball as they signed the hats. They're really free 82 00:03:51,440 --> 00:03:53,280 Speaker 1: and loose during that fan week, and it's it's just 83 00:03:53,400 --> 00:03:57,560 Speaker 1: an extraordinary opportunity. And you're right, it's the the ability 84 00:03:57,600 --> 00:04:01,200 Speaker 1: to get close to global superstars and its sport is 85 00:04:01,480 --> 00:04:04,280 Speaker 1: not something that fans are offered every day, regardless of 86 00:04:04,320 --> 00:04:06,560 Speaker 1: the sport. By the way, they're carrying their own tennis racket. 87 00:04:07,000 --> 00:04:09,160 Speaker 1: They do, yes, they're carrying their big bag. And Serena 88 00:04:09,160 --> 00:04:12,320 Speaker 1: Williams carries her own tennis racket bag, which is wonderful 89 00:04:12,320 --> 00:04:14,280 Speaker 1: to see. Well. And then speaking of fans, like as 90 00:04:14,320 --> 00:04:15,880 Speaker 1: you look at the crowd, first of all, I love 91 00:04:15,960 --> 00:04:18,680 Speaker 1: that the US Open is an international crowd. I love 92 00:04:18,720 --> 00:04:21,360 Speaker 1: that I see kids all over the space, of all 93 00:04:21,440 --> 00:04:23,520 Speaker 1: ages and stuff. So how do you think about that 94 00:04:23,560 --> 00:04:27,000 Speaker 1: from a marketing perspective as well? Our mission is to 95 00:04:27,000 --> 00:04:29,000 Speaker 1: grow and develop the game of tennis in the United States, 96 00:04:29,040 --> 00:04:31,040 Speaker 1: and we want tennis to look like America. And it's 97 00:04:31,080 --> 00:04:34,160 Speaker 1: so gratifying to see the fandom here really look like 98 00:04:34,200 --> 00:04:37,960 Speaker 1: a microcosm, you know, cross section of America and um, 99 00:04:38,000 --> 00:04:41,440 Speaker 1: you know, the kids, tremendous amount of kids during fan week, 100 00:04:41,640 --> 00:04:44,880 Speaker 1: also during the main draw of every age, and and 101 00:04:44,920 --> 00:04:47,640 Speaker 1: there's something here for all of them aside from the tennis. 102 00:04:47,680 --> 00:04:50,479 Speaker 1: It's just a spectacular experience. It's a festival in the ground. 103 00:04:50,520 --> 00:04:52,680 Speaker 1: Sometimes we say it's a food and wine festival with 104 00:04:52,760 --> 00:04:55,000 Speaker 1: tennis on the side. Can we talk about the food 105 00:04:55,000 --> 00:04:56,760 Speaker 1: and wine, Like how do you I mean that is 106 00:04:56,800 --> 00:04:59,880 Speaker 1: part of experience. I mean it's just so fun. Like i' 107 00:05:00,080 --> 00:05:01,600 Speaker 1: when we get done, like we go up and we 108 00:05:01,600 --> 00:05:04,000 Speaker 1: either have a drink or something. But it's just wonderful. 109 00:05:04,040 --> 00:05:07,120 Speaker 1: It's like a lot of fun. It's great food, great drinks, 110 00:05:07,720 --> 00:05:10,080 Speaker 1: great food, great drinks. How do you think about that too? 111 00:05:10,200 --> 00:05:12,719 Speaker 1: And and feeding and and being here for the whole 112 00:05:12,720 --> 00:05:14,359 Speaker 1: crowd that's year. I mean, it's a lot of people. 113 00:05:14,640 --> 00:05:16,680 Speaker 1: It's a ton of people. Well, Danny Zauzer and his 114 00:05:16,720 --> 00:05:19,520 Speaker 1: team do a fabulous job of feeding everyone here and 115 00:05:19,560 --> 00:05:21,680 Speaker 1: not just feeding them, but feeding them in a way 116 00:05:21,680 --> 00:05:24,040 Speaker 1: that they are thrilled about it, and they talk about 117 00:05:24,080 --> 00:05:26,360 Speaker 1: it's all their friends and family. But the Honeydus is iconic. 118 00:05:27,160 --> 00:05:29,360 Speaker 1: I think we will sell over a couple hundred thousand 119 00:05:29,440 --> 00:05:33,240 Speaker 1: of them bucks of pop. But whence the last time 120 00:05:33,240 --> 00:05:35,119 Speaker 1: you got a cocktail in New York City and paid 121 00:05:35,120 --> 00:05:37,320 Speaker 1: twenty two dollars and had a beautiful commemorative cup to 122 00:05:37,320 --> 00:05:39,120 Speaker 1: take away with you. That's right, last time I was 123 00:05:39,120 --> 00:05:44,120 Speaker 1: at the US Open that which actually I mean that 124 00:05:44,200 --> 00:05:45,640 Speaker 1: was years ago that I got that. So this has 125 00:05:45,680 --> 00:05:48,400 Speaker 1: been happening for a long time. Okay, the next generation 126 00:05:48,720 --> 00:05:53,120 Speaker 1: of American tennis players. Perhaps we see Serena Williams play 127 00:05:53,279 --> 00:05:55,800 Speaker 1: in her last major this time around. We don't know 128 00:05:55,880 --> 00:05:59,359 Speaker 1: for sure, who are the youngest American tennis players that 129 00:05:59,440 --> 00:06:01,680 Speaker 1: we need to have on radar. Oh wow, I am 130 00:06:01,720 --> 00:06:05,920 Speaker 1: definitely not the player development pro here, um, oh wow. 131 00:06:07,040 --> 00:06:09,120 Speaker 1: Or maybe talk a little bit about the development pipeline 132 00:06:09,360 --> 00:06:12,120 Speaker 1: because as we do get to a point where we've 133 00:06:12,160 --> 00:06:14,320 Speaker 1: seen so what they've what the Williams sisters have done 134 00:06:14,320 --> 00:06:16,080 Speaker 1: for this sport has been so much. Well, this is 135 00:06:16,080 --> 00:06:18,440 Speaker 1: where you and I were talking before we got going 136 00:06:18,560 --> 00:06:21,440 Speaker 1: about Chris Everett, because there was a piece on CBS 137 00:06:21,560 --> 00:06:23,359 Speaker 1: and it was just what I love about the U 138 00:06:23,480 --> 00:06:25,040 Speaker 1: s t A. And I know we've had an ongoing 139 00:06:25,080 --> 00:06:27,200 Speaker 1: conversation over the last few years that you do think 140 00:06:27,240 --> 00:06:30,880 Speaker 1: about kids who maybe don't have access to tennis and UM, 141 00:06:30,880 --> 00:06:34,039 Speaker 1: whether it's Chris Everett or someone else who's getting out 142 00:06:34,040 --> 00:06:36,440 Speaker 1: to communities and making sure that kids who might not 143 00:06:36,520 --> 00:06:38,359 Speaker 1: have the option to get a racket in their hands, 144 00:06:38,520 --> 00:06:40,760 Speaker 1: they're making sure that they do have that access. That's 145 00:06:40,760 --> 00:06:43,400 Speaker 1: what's incredible about this organization. It is and and that's 146 00:06:43,400 --> 00:06:46,200 Speaker 1: the mission, right that's UM that piece was amazing and 147 00:06:46,200 --> 00:06:48,400 Speaker 1: it's and it's all for how do we get more 148 00:06:48,480 --> 00:06:52,440 Speaker 1: kids to uh lead a healthier lifestyle and get access 149 00:06:52,480 --> 00:06:55,839 Speaker 1: to not just tennis, but after school programs and underserved 150 00:06:55,920 --> 00:06:58,480 Speaker 1: communities that they can be safe, they can be learning, 151 00:06:58,480 --> 00:07:00,280 Speaker 1: they can do homework, they can play tennis and learn 152 00:07:00,360 --> 00:07:02,600 Speaker 1: the game. And the n j t L is the 153 00:07:02,680 --> 00:07:05,600 Speaker 1: National Junior Tennis and Learning Program, is all about that. 154 00:07:05,720 --> 00:07:09,560 Speaker 1: That was Kristen Courio us T Chief Commercial Officers, speaking 155 00:07:09,760 --> 00:07:13,560 Speaker 1: with Tim Stentevic and Carol Masser, co host of Bloomberg 156 00:07:13,680 --> 00:07:16,720 Speaker 1: business Week Live from the US Open. They were right there. 157 00:07:16,760 --> 00:07:19,760 Speaker 1: You can hear more of them by checking out the 158 00:07:19,760 --> 00:07:24,320 Speaker 1: Bloomberg business Week podcast and listen weekday afternoons on Bloomberg Radio. 159 00:07:24,360 --> 00:07:28,000 Speaker 1: And now we know the US Open already brings in 160 00:07:28,080 --> 00:07:30,840 Speaker 1: a lot of money, lots lots lots lots lots of money. 161 00:07:31,040 --> 00:07:33,040 Speaker 1: It's one of the biggest events in the New York 162 00:07:33,040 --> 00:07:38,560 Speaker 1: City area. And with us is Bloomberg Senior reporter Jillian ten. Jillian, 163 00:07:38,640 --> 00:07:40,960 Speaker 1: thank you so much for joining us. We appreciate it. 164 00:07:41,040 --> 00:07:43,240 Speaker 1: Thanks for having me. Now I gotta ask the first 165 00:07:43,320 --> 00:07:46,120 Speaker 1: question that and this is part of your article, and 166 00:07:46,480 --> 00:07:49,360 Speaker 1: you've got a lot of companies saying, yeah, you can 167 00:07:49,360 --> 00:07:52,360 Speaker 1: come on in, listen, just ten thousand dollars for some 168 00:07:52,600 --> 00:07:55,960 Speaker 1: courtside seats and you can be right there to see 169 00:07:56,040 --> 00:07:58,440 Speaker 1: all the players. In fact, you can see the logo 170 00:07:58,520 --> 00:08:02,440 Speaker 1: when they sit down all on their seats ten grand. 171 00:08:02,600 --> 00:08:05,960 Speaker 1: Are they doing a brisk business? Yeah? Or are they? 172 00:08:06,000 --> 00:08:09,840 Speaker 1: These are the hottest commodity of tickets. So traditionally heaps 173 00:08:09,840 --> 00:08:12,800 Speaker 1: of companies would go into suites which a litted across 174 00:08:12,920 --> 00:08:15,320 Speaker 1: the whole of the Arthur Ash Stadium. But ever since 175 00:08:15,360 --> 00:08:17,320 Speaker 1: though sold out in June, the usc I tried to 176 00:08:17,320 --> 00:08:20,240 Speaker 1: figure out a way of how to capture that corporate dollar. 177 00:08:20,520 --> 00:08:23,240 Speaker 1: So they came up with this package. So corporates or 178 00:08:23,280 --> 00:08:27,840 Speaker 1: like bankers, lawyers, private equity titans whoever, can just roll up, 179 00:08:28,080 --> 00:08:31,080 Speaker 1: sit court side, have their meals, have their drinks, you know, 180 00:08:31,200 --> 00:08:35,400 Speaker 1: shrimp cocktail, honey juice, you know Gray Goose vodka, you 181 00:08:35,440 --> 00:08:38,400 Speaker 1: know Whispering Angel. They just brought to them in seats 182 00:08:38,400 --> 00:08:39,880 Speaker 1: so they don't have to get up and miss the 183 00:08:39,960 --> 00:08:42,360 Speaker 1: second of the action. That's these are the hottest seats. 184 00:08:42,559 --> 00:08:45,440 Speaker 1: Well still for ten grand, I can get I get 185 00:08:45,480 --> 00:08:49,000 Speaker 1: the buffet, whatever I want, I get the cocktail, I 186 00:08:49,040 --> 00:08:52,000 Speaker 1: get all the drinks I want. I mean, I guess 187 00:08:52,000 --> 00:08:54,560 Speaker 1: you can't beat it for ten grand, but that that's 188 00:08:54,559 --> 00:08:57,320 Speaker 1: hard if you if you don't have a deep pocket, 189 00:08:57,360 --> 00:08:59,760 Speaker 1: you've got to rely on the corporate money. Yeah, so 190 00:08:59,840 --> 00:09:02,679 Speaker 1: I guess these are very much targeted to high net 191 00:09:02,679 --> 00:09:06,480 Speaker 1: worth individuals, corporates, you know, folks with big entertainment budgets. 192 00:09:06,520 --> 00:09:08,920 Speaker 1: But you know, the upper ranks of Arthur Ash Stadium 193 00:09:09,120 --> 00:09:11,520 Speaker 1: have been packed. And it's not just the corporates, right, 194 00:09:11,559 --> 00:09:14,080 Speaker 1: it's not just people with date pockets. The UST. I 195 00:09:14,120 --> 00:09:17,199 Speaker 1: think they began selling tickets from the thirty five ish range. 196 00:09:17,440 --> 00:09:20,600 Speaker 1: Obviously those exploded in the secondary markets. That's a whole 197 00:09:20,640 --> 00:09:23,640 Speaker 1: different story. But yeah, it's actually in excess of ten ground. 198 00:09:23,679 --> 00:09:26,960 Speaker 1: It doesn't just cap out at ten ground. Oh my goodness. Well, 199 00:09:27,040 --> 00:09:29,720 Speaker 1: let me ask this question because as we get closer 200 00:09:29,800 --> 00:09:33,400 Speaker 1: to the finals, I'm wondering if that price continues to 201 00:09:33,400 --> 00:09:35,360 Speaker 1: go up and up, So for the U S t 202 00:09:35,520 --> 00:09:38,920 Speaker 1: A like the original reseller of that price doesn't continue 203 00:09:38,960 --> 00:09:42,120 Speaker 1: to rise above you know, in excess of ten ground 204 00:09:42,120 --> 00:09:47,120 Speaker 1: that they prepackage their tickets based on demand beforehand. But 205 00:09:47,160 --> 00:09:51,080 Speaker 1: it's a fluctuating scale. But for corporates that that doesn't change. 206 00:09:51,160 --> 00:09:53,319 Speaker 1: I guess it wouldn't have to change if you and 207 00:09:53,440 --> 00:09:57,640 Speaker 1: ten grand for it. It shows you how the US 208 00:09:57,720 --> 00:10:01,719 Speaker 1: Open is a huge money maker, not just for New 209 00:10:01,800 --> 00:10:06,520 Speaker 1: York City but for everything out there in Flushing Meadows. Yeah, indeed, 210 00:10:06,559 --> 00:10:09,360 Speaker 1: I guess The one thing that is good to point 211 00:10:09,360 --> 00:10:10,800 Speaker 1: out is that the U. S t A puts a 212 00:10:10,840 --> 00:10:13,480 Speaker 1: lot of it's the capital that it raises or the 213 00:10:13,559 --> 00:10:16,360 Speaker 1: revenue that it makes from the event into grassroots tenants 214 00:10:16,440 --> 00:10:18,760 Speaker 1: to just expand the sport throughout the US. So the 215 00:10:18,800 --> 00:10:22,440 Speaker 1: Usogen is a huge money maker, but it's for an 216 00:10:22,520 --> 00:10:25,840 Speaker 1: organization that is promoting the sport broadly. And to put 217 00:10:25,880 --> 00:10:28,640 Speaker 1: it in perspective for guys like me who have to 218 00:10:28,679 --> 00:10:31,360 Speaker 1: sit up in the Nosebleeds section up there, when you 219 00:10:31,440 --> 00:10:34,280 Speaker 1: either get the court side seats or you get the 220 00:10:34,360 --> 00:10:37,760 Speaker 1: suite itself, I mean the suite is nice. It looks 221 00:10:37,840 --> 00:10:40,040 Speaker 1: like an apartment. Yeah. Well, the other thing that these 222 00:10:40,040 --> 00:10:41,839 Speaker 1: guys are getting, and this is part of what's driven 223 00:10:41,880 --> 00:10:45,400 Speaker 1: the corporate interest, is meeting rooms. So if folks don't 224 00:10:45,440 --> 00:10:47,000 Speaker 1: have access to a suite, the U. S t A 225 00:10:47,080 --> 00:10:49,320 Speaker 1: is giving them access to a dining room or even 226 00:10:49,360 --> 00:10:53,600 Speaker 1: just private meeting space. So you're getting everything. You're getting exclusivity, 227 00:10:53,600 --> 00:10:56,160 Speaker 1: you're away from the folks and the nose bleeds. Not 228 00:10:56,240 --> 00:10:58,439 Speaker 1: that you need to be because often you know, everyone's 229 00:10:58,440 --> 00:11:01,200 Speaker 1: having a great experience, but if you're talking about sensitive things, 230 00:11:01,200 --> 00:11:03,520 Speaker 1: you're trying to strike a deal on the sidelines. That's 231 00:11:03,520 --> 00:11:05,280 Speaker 1: why you want to do it. You would have to 232 00:11:05,280 --> 00:11:07,040 Speaker 1: get away from a guy like me. I'd be the 233 00:11:07,040 --> 00:11:09,440 Speaker 1: one yelling in there, all right, serve it up. And 234 00:11:09,480 --> 00:11:11,559 Speaker 1: it's like, you know everything, then someone's got to come 235 00:11:11,559 --> 00:11:14,560 Speaker 1: on to shut me up. Man. It's like there is 236 00:11:14,600 --> 00:11:17,240 Speaker 1: no other atmosphere. And I wish people could understand this 237 00:11:17,600 --> 00:11:21,360 Speaker 1: if you've been to a tennis tournament and yes, Wimbledon 238 00:11:21,520 --> 00:11:25,520 Speaker 1: is something totally different altogether. You know, it's very classy 239 00:11:25,720 --> 00:11:28,400 Speaker 1: and and and it's great, and you come to the 240 00:11:28,440 --> 00:11:30,320 Speaker 1: US Open and I'm not I'm not trying to cheap 241 00:11:30,320 --> 00:11:32,720 Speaker 1: in the US Open in terms of the fans, but 242 00:11:33,720 --> 00:11:36,040 Speaker 1: we can be a rowdy bunch of it. Well, I 243 00:11:36,080 --> 00:11:38,720 Speaker 1: guess that's also super interesting. The umpires at the US 244 00:11:38,800 --> 00:11:41,760 Speaker 1: Open they have to tell the crowd, you know, quiet please, 245 00:11:41,800 --> 00:11:44,240 Speaker 1: your voices are carrying because people just chat throughout the 246 00:11:44,280 --> 00:11:47,160 Speaker 1: match as opposed to, as you said, Wimbledon classy affair. 247 00:11:47,360 --> 00:11:49,880 Speaker 1: You know, you can hear a pin drop its total silence. 248 00:11:50,120 --> 00:11:53,320 Speaker 1: US Open is totally opposite. You want to hear somebody 249 00:11:53,360 --> 00:11:57,360 Speaker 1: like me saying damn girl, go in, sir, you want 250 00:11:57,360 --> 00:12:00,640 Speaker 1: to hear that at Wimbledon, which, by the way, comparing 251 00:12:00,679 --> 00:12:03,880 Speaker 1: the two, the money in the U. S Open the 252 00:12:04,000 --> 00:12:07,800 Speaker 1: money at Wimbledon, is it about the same or which 253 00:12:07,800 --> 00:12:10,480 Speaker 1: one outweighs the other. Actually haven't a looked to see 254 00:12:10,520 --> 00:12:13,679 Speaker 1: what the Wimbledon revenue is. But the US Open, I 255 00:12:13,720 --> 00:12:17,320 Speaker 1: think they disclosed their their revenue, but we reported in 256 00:12:17,320 --> 00:12:19,959 Speaker 1: this story that they're expecting fifty millions just from these 257 00:12:20,000 --> 00:12:25,560 Speaker 1: court side seats UM and the associated hospitality fifty million 258 00:12:25,800 --> 00:12:28,480 Speaker 1: just a loan from the U s openfty million just 259 00:12:28,520 --> 00:12:31,720 Speaker 1: from these specific you know, court side seats as well 260 00:12:31,760 --> 00:12:35,400 Speaker 1: as UM certain mezzanine and lows lows seats. So it's 261 00:12:36,000 --> 00:12:39,440 Speaker 1: it's a pretty penny as Yes, my mother would say, 262 00:12:39,480 --> 00:12:43,120 Speaker 1: oh lord, that's a lot of money. Oh Man bloom 263 00:12:43,280 --> 00:12:47,440 Speaker 1: Bloomberg Senior reporter Jillian Tan thank you so much for 264 00:12:47,559 --> 00:12:50,160 Speaker 1: joining us, because you gave me an education about how 265 00:12:50,240 --> 00:12:53,120 Speaker 1: much money it is just to be a spectator at 266 00:12:53,160 --> 00:12:55,760 Speaker 1: the US Open. We really do appreciate it. This is 267 00:12:55,760 --> 00:12:59,079 Speaker 1: the Bloomberg Business of Sports show. We explore the big 268 00:12:59,120 --> 00:13:01,280 Speaker 1: money issues in the world of sports. Hey, you can 269 00:13:01,320 --> 00:13:05,080 Speaker 1: catch our podcast Monday's, Wednesdays and Thursdays. I'm Michael Bar 270 00:13:05,320 --> 00:13:08,640 Speaker 1: on Twitter at big bar Sports. Thanks for joining us 271 00:13:08,720 --> 00:13:11,640 Speaker 1: for the latest on the stories in the world of sports. 272 00:13:11,720 --> 00:13:13,959 Speaker 1: And we're talking big money. Not that chump change that's 273 00:13:13,960 --> 00:13:16,240 Speaker 1: in my pocket right now, We're talking big money. You're 274 00:13:16,280 --> 00:13:19,040 Speaker 1: listening to the Bloomberg Business of Sports and Bloomberg Radio 275 00:13:19,080 --> 00:13:22,080 Speaker 1: around the world. By the way, download this show wherever 276 00:13:22,160 --> 00:13:23,319 Speaker 1: you get your podcasts.