You must be the exception AC. The Olympics is the most watched TV event in history, you can't put a price on this exposure and marketing reach. I was thinking of a recent example of how just watching a new sport can lift product sales and capture consumers interest. I'm in NSW and last years debut by Jarryd Hayne, in NFL for the 49er's, was a marketing triumph for American football. Even the office girls, at my workplace,who had no previous interest in any form of football , let alone NFL, were following this sport, probably, because of their kids. The other thing I noticed was kids buying NFL shirts etc @ Rebel Sports. even the 49er merchandise office reported soaring sales for their merchandise, particularly from Australia. Other sports that come to mind are Basketball ( michael jordan ) , UK and European Soccer teams ( Beckham, Ronaldo etc ) F1 car racing ( Hamilton, Ricardo etc). The point I am trying to make is that a consumer doesn't have to, necessarily, engage in a sport to be a passionate follower who wants to, somehow, be a part of it. This is where Olympic exposure of Surfing and Skateboarding can only be a massive positive for a company selling merchandise associated with these sports.
I guess we will have to agree to disagree but note you hold SRF so you could be a beneficiary by default.
SRF Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held