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Friday, 9 November 2012

Six Audacious Ideas that Worked 3

Launch an All-Sports TV Network

No one thought there was a market for ESPN; Sports Illustrated even dubbed it "one of the strangest creations in the history of mass communications." Its 24/7 airtime was once filled with everything from Irish hurling to tractor pulls. But when Larry Bird faced Magic Johnson in the 1979 men's college basketball championship, ESPN broadcast it and 24 million tuned in. Financing soon followed, and a multibillion-dollar media empire was born.
http://hbr.org/web/slideshows/six-audacious-ideas-that-worked

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