The Round Out

The 2026 World Cup is completely reshaping the U.S. sports fan landscape.

A new kind of American sports fan has emerged: younger, more diverse, more digital, and connected to the game long before the tournament ever reached home soil. This summer, the World Cup lands on American turf for the first time in 32 years. A cultural moment as much as a sporting one, and a once-in-a-generation chance for brands to build real relationships with an audience the traditional sports playbook was never designed to reach.

For marketers, the question isn't whether this audience is coming. It's whether your strategy is ready for it. Brian and Julie sit down with one of the sharpest minds in media measurement to unpack what the World Cup really means for the business of sports.



About our guest: Mike Mulvihill

President, Insights & Analytics, FOX Corp. Mike has spent most of his career at FOX shaping the business behind the biggest rights deals in sports, including the NFL, MLB, and the FIFA World Cup in 2018, 2022, and 2026. As he puts it, he's not an expert in any one sport. He's an expert in sports fandom and how that passion translates into business value.



Chapters: 

00:00 Soccer's Arrival in the U.S. The new American soccer audience and why 2026 is the inflection point
02:57 Welcome to The Round Out. Meet your hosts, Brian Fuhrer and Julie DeTraglia
03:25 Meet Mike Mulvihill. A career in measurement, and being an expert in fandom rather than the game
10:42 Broadcast, Scheduling & Free TV. Why FOX is putting most matches on free TV, plus lessons from IndyCar and Tubi
18:03 Inside the 2026 World Cup. Reach like a second NFL regular season, compressed into five weeks
26:24 The Metrics That Matter. Co-viewing, out-of-home, and the numbers insiders actually watch
31:44 Streaming & the New Audience. Tubi, Peacock, and a younger, more diverse, more fragmented viewer



What you'll hear
  • Why the 2026 World Cup is essentially "a second NFL regular season compressed into five weeks"

  • Mike's case for broadcast and free TV, and why FOX is willing to trade some of soccer's famously affluent audience to broaden its reach

  • The metrics insiders actually watch, including co-viewing and out-of-home viewing

  • How a home-soil World Cup landing on America's 250th anniversary could turn a sporting event into a national cultural moment

  • Why streaming is reshaping who shows up, drawing a younger, more diverse, more fragmented audience



About the show

The Round Out is Nielsen's podcast about the most significant expansion of sports fandom in a generation. Hosted by Brian Fuhrer and Julie DeTraglia, the show takes the numbers Nielsen sees every day and rounds out the picture with the cultural context that tells you what they actually mean.


Listen and subscribe New episodes of The Round Out drop throughout the 2026 World Cup. Subscribe wherever you get your podcasts so you don't miss what the data is telling us next. 

Get every episode, plus the numbers behind the show, at theroundout.com.

What is The Round Out?

Nielsen's The Round Out tells the developing story of the most significant expansion of sports fandom in a generation and what it means for the brands trying to win over a new wave of fans. Hosted by insights experts Brian Fuhrer and Julie DeTraglia, the podcast pairs decades of media measurement expertise with the cultural fluency to make the numbers mean something. Brian and Julie don't just read the data they round it out, putting every figure in the context of the fans, stories, and shifts reshaping American sports. As FIFA's official media intelligence supplier, Nielsen brings unparalleled insight to the 2026 World Cup and beyond, covering the sports, stories, and communities driving fandom's next chapter. Tune in to hear who the new fans are, what they care about, and how brands can earn their loyalty.

Brian Fuhrer: Back in 2024, Argentina
won the Copa América in the 112th

minute at the Hard Rock Stadium
in Miami, and this was in the

run-up to their World Cup victory.

What was most amazing about that
whole event was fans crawling their

way through air conditioning vents
because they didn't have tickets.

SOT: What is going on here?

People are getting into the Copa
América through the ventilation system.

What is going on here?

It

Julie DeTraglia: was really incredible.

I remember watching it, and I also
remember seeing it just explode on

social media, this video of people
trying to, like, Mission Impossible

their way into that stadium.

And one reason is that many thought this
was gonna be Lionel Messi's final match.

But it really went crazy online, and that
really spread the fandom in places where

people might not otherwise have seen it.

Brian Fuhrer: And, you know, it's not
unexpected that in a hotbed of soccer like

Miami that you had that much enthusiasm.

But what was surprising was all
the markets across the US, like San

Francisco, where casual observers
were turned into hardcore fans.

That Copa América final wasn't
just a flash in the pan.

It showed up in the numbers, too.

When we look at the Fox combined with
the Univision numbers, it achieved

over 13 million combined viewers.

So Julie, what do you
think is driving all this?

Julie DeTraglia: Well, it's mostly
a youth and Hispanic movement.

A full three-quarters of US soccer
fans are Millennials or Gen Z.

When you look at the Hispanic audience
specifically, they are 87% more likely

to have watched a qualifying match for
the World Cup in the last 12 months.

So this is an audience that was
engaged well before the tournament

ever came to American soil.

Brian Fuhrer: The American sports
landscape is shifting beneath our feet.

Fandom has evolved.

Streaming platforms have secured
rights to high-profile events.

Leagues and partners
have expanded schedules.

The 2026 FIFA World Cup Tournament will
begin, co-hosted across three countries,

and on American soil for the first time
in 32 years, and expanded to 104 games.

Julie DeTraglia: It is expected to
attract over five billion global

viewers across all platforms.

Right now, in the US, there
are 65 million soccer fans.

And with this home soil
advantage, the World Cup is

expected to be a record-breaker.

Brian Fuhrer: I'm Brian Fuhrer,
SVP of Product Strategy and Thought

Leadership at Nielsen, where I help
clients understand consumer media

behavior and how it's evolving.

Julie DeTraglia: And I'm Julie
Detraglia, Nielsen's Head of

Content and Strategic Insights.

I'm brand new to Nielsen, but I've
been a client for nearly 30 years,

having worked at broadcasters and
streamers, all with sports rights.

My role here is to take data
and insights and help clients

turn that into business impact.

Brian Fuhrer: Welcome, Julie.

We're lucky to have you, and welcome
everyone to Nielsen's The Round Up, sports

from a media and audience perspective.

Julie DeTraglia: And we're calling it
The Round Up because that's exactly what

we're here to do, take the data and the
numbers that Nielsen sees every day, and

round out the picture with the cultural
context to help it all make sense.

Brian Fuhrer: I just wanted to welcome
to The Round Out, along with my co-host

Julie DiTraglia, a good friend and one
of the most knowledgeable, if not the

most knowledgeable person about sports
in the, in the industry, Mike Movshill.

Thanks for joining.

Mike Mulvihill: Yeah,
thanks for having me.

I'm really excited to be here.

I'm honored that you would think of me to
be the first subject, uh, on this new pod.

Brian Fuhrer: Why don't you tell us
a little bit about yourself, your

background, and what your role is?

You can do it much better than I could.

Mike Mulvihill: So I run a group at
Fox called Insights and Analytics,

which stretches across, um- Sports
and entertainment and ad sales.

And then there are obviously other parts
of the company, um, where research doesn't

directly roll up to me, but we have a good
informal working relationship with Fox

News and, uh, at Tubi, and with some of
our other, uh, businesses that touch the

Nielsen relationship or that have a need
for, uh, understanding consumer behavior.

Um, I got into research,
uh, in the mid-'90s, right?

So I'm dating myself a little bit here.

And it was really quite by accident.

Um, when I was in school and getting
into the job market, you know, I

really thought that what I wanted to
do was something on the creative side.

Like, I thought I wanted to
be in, uh, series development.

I had been an intern for Fox in current
programming, um, in, in what was really a,

a period of peak, um, creativity for Fox.

You know, this was when Fox was The
Simpsons and The X-Files was coming

on, and Melrose Place and 90210.

Um, and a, a time when things were
really happening, uh, at our company.

And so that's what I thought I wanted to
do was, was get into series development.

Um, graduated into a tough job market,
got an opportunity to work in research,

thought I would do it for a year or two
and then transition into something else.

Um, and what happened instead
was very much unexpected.

You know, I found that I
liked working with the data

more than I ever expected to.

I got a little bit hooked on it, um,
and I also realized that I wanted

to make a transition into sports.

Like, I started working for Fox,
um, just after our first NFL season.

We were about to have our first
Major League Baseball season.

You know, a story that I tell all
the time is that the most famous book

that's ever been written about sports
television isn't about Fox, it's about

ESPN, but it's called Those Guys Have
All the Fun, uh, by James Andrew Miller.

And when I was a young person getting
started in the business, thinking

that what I wanted to do was scripted
series development, I was looking at

the guys who worked for Fox Sports,
and I really did think like, "Oh,

these guys have all the fun." Like,
they had such a great camaraderie.

They were traveling all over the
country to these great events.

Um, they really seemed to enjoy
what they did and enjoy each other.

Uh, and I just sort of gravitated to that.

And to be frank, like, it was much
easier to make the transition into

sports at that time than it is today.

You know, now you have probably over
100 schools that have sports media or

sports marketing programs of some kind.

We didn't have any of that then, and all
it really took was A passion for sports,

a willingness to work hard and, you know,
start out at pretty low compensation.

If you could write a little
bit, if you could do a little

bit of math, like that helped.

Um, and I was able to get my foot in
the door at a young age and work with

some really, really great people,
including some legendary people in this

business, like David Hill and Ed Goren.

Um, and I just never left.

Like, I really enjoyed, as I say,
working with the numbers, working with

consumer research, um, that idea of
moving into more of a storytelling role.

Like over time, that kind of got
replaced with, um, finding ways to

use data as a type of storytelling
and just try to come up with creative

solutions to problems that we face, and
that's what I still do today, right?

Like the job is still just about trying
to use every source of data that we

can to come up with creative content
strategies that hopefully bring a

bigger audience, um, to our content and
just make us a more effective company.

Brian Fuhrer: So one of the things
that you mentioned that I, I think is

really interesting here is we have a
lot of experts about specific sports,

and each sport, you know, in a lot
of ways has its own, its own specific

definition of success and, and its
own recipe, and yet y- you really span

not just the entertainment side, but,
you know, so many different sports.

How did you become such a renaissance
guy when it comes to sports and

especially leading into the World Cup
and all the, the components of that?

Mike Mulvihill: Uh, look, I
think that's way too generous.

And the way that I would describe myself,
you know, I think more accurately, is

that I'm not an expert in any sports.

Um, what I do think I'm an expert in, or I
try to be an expert in, is sports fandom.

And understanding sports is
something pretty different from

understanding sports fandom.

There are a lot of people in this
business, there are a lot of people

in our company that understand the
game of football better than I do.

They understand baseball better than I do.

We have guys in our company who are Hall
of Famers and competed at the highest

level, and I, I'll never be able to
match their understanding of the game.

But I think I can match just about
anybody's understanding of how

consumers engage with sports, why
they engage, what kind of emotional

needs are met by sports fandom.

You know, that's an area that we try to
understand that's a little bit outside

the scope of the Nielsen ratings,
but we think it's really important to

understand, um, the emotional benefits
that underlie the numbers themselves.

You know, we, we sometimes say that
the Nielsen ratings are our attempt to

quantify things that can't be quantified,
which are the, the human emotions and

the connections that come with sports.

So you know what my team and I try
to do on the sports side is not

pretend to be experts in sports.

We don't try to predict outcomes.

We always say if we could predict
game outcomes, none of us would

be doing this for a living.

We would make a lot more money
gambling on events, right?

So we're not experts in sports, but we
are experts in sports fandom, and I think

we've come to a, a pretty comprehensive
narrative around why so many hundreds of

millions of people invest their time and
their emotional energy in this, what they

get out of it, what that means to us as a
business, and how we can then, um, deliver

that emotional passion and intensity
to our business partners, whether

those are advertisers, distributors,
investors, or, or anybody else.

So it, it's really the difference
between being, um, literate and trying

to be an expert in the act of fandom
and not really being an expert in

sports, because I, I can never be an
expert in sports in the way that our,

our broadcasters and our producers are.

Julie DeTraglia: Really interesting,
Mike, to hear about how you

sort of fell into research and
measurement, because I did the same.

There was no sports marketing or any
kind of real marketing degrees, you

know, back when I was in college.

One of the things that Fox has done, um,
and you've done really, I think, you know,

you've sort of been revolutionary at this,
is changing schedules and evolving the way

that sports are presented to those fans.

You and Fox were pretty early along in
kind of changing the ways, the windowing,

you know, adding, you know, have college
football on Fridays and Saturday mornings.

And I think some of that is
informing the way that you're

thinking about the World Cup.

Are you looking at data to
find those white spaces?

Are you relying on, you know, some of
the research you do around fandom to

understanding sports fans and kind of
figuring out where those gaps are and

where Fox can better serve those fans?

Mike Mulvihill: So, uh, there's
a little bit of a nuanced

answer to that question, right?

Because in our company, we
have a research department,

obviously, that rolls up to me.

We also have a completely
separate, um, programming and

scheduling department within sports
that rolls up to Billy Wanger.

And, you know, there are some properties
where I'm a little bit more directly

involved in the scheduling, uh,
and there are others where I'm not.

You know, the whole World Cup schedule
was put together by Billy's group.

Um, that was an effort that
was led by a really talented

woman named Daniella Jeffries.

Um, so there is another group, uh, that
has, you know, so much influence over

the way that we schedule our content.

You know, I, I do take, I guess, my
share of credit for Big Noon, uh,

and for some of the things that we've
done on the NFL side over the years.

And I, I think it's just what we
talked about earlier, that what this

job is really about fundamentally
is just using every source of data

that you have, whether that's Nielsen
data or anything else, um, to try to

come up with just logical strategies
and identify logical opportunities.

Like to me, Big Noon was just
a very logical opportunity.

I didn't really see that as, um, a
risk or any kind of daring innovation.

It was just a logical thing to get away
from what was a very crowded college

football landscape in prime time and
try to put some high-quality content in

a friendlier competitive environment.

When it comes to the World Cup- You
know, I have a very strong belief in

the power of broadcast television.

Um, I think that a lot of the successes
that we're seeing in sports in the last

couple years, whether it's on Fox or
elsewhere, they're the result of, um,

moving more events to broadcast and
simplifying your programming strategy.

So I'll give you one example that's
ours and one example that's not ours.

The example that's ours is that we were
able to take over, uh, IndyCar racing

last year, and that's a series of events
that had previously been on broadcast

and multiple national cable networks,
and a few events were exclusively

on streaming, and we took all 17
races and just put them on broadcast.

So that's taking something that
had been, you know, a little bit

fragmented and maybe difficult
to find and just simplifying it,

making a more elegant solution, and
elevating it to your highest platform.

And the result was that the viewership
for IndyCar was up close to 30% last year.

It's up another close to, I think,
close to 30% so far this year.

Um, so we've had a lot of
success by just simplifying that.

I think another really good example is
that ABC was able to, uh, I shouldn't say

ABC, Disney was able to get the rights
to all of the Southeastern Conference.

The SEC expanded to
include Texas and Oklahoma.

They were able to take football inventory
that had previously lived on CBS and

ESPN, consolidate that, put all their best
games on ABC, stack double headers in a

really logical way, uh, and they've had
great, great success with that, right?

So I think there is a trend in
sports right now where the more

that you're able to simplify your
strategy and focus on the reach of

broadcast, the better off you are.

Um, I still think that the
greatest reach vehicles that

we have are broadcast vehicles.

It's terrestrial radio, uh,
and over-the-air TV, right?

So we're trying to lean
into that as much as we can.

Certainly with the World Cup,
we're leaning into broadcast

very, very heavily, right?

There are 104 matches in
this year's World Cup.

It's an expanded field, more
matches than ever before.

70 of those will be, uh, on free TV,
and I think that's really important

because we're trying to broaden
the appeal of soccer in the US.

We're trying to invite as
many people in as possible.

There are still tens of millions of, of
homes in this country that are not paying

a subscription fee for pay TV every month.

They still rely on the
availability of free broadcast.

Um, and so I think whether it's the
World Cup or IndyCar or anything else,

I'm really an advocate of just looking
for ways to keep as much content

freely accessible, uh, on broadcast
as possible, and really take advantage

of that reach of broadcast TV that's
been powerful for over 100 years.

Julie DeTraglia: Yeah, it's really
interesting, especially given where we

are in the world right now with a lot
of these rights expanding or moving to

streaming services, including Thursday
Night Football moving from Fox to Amazon.

It creates a lot of consumer
confusion, a lot of fragmentation.

You know, numbers are different.

Audiences are different.

There's a lot of different ways to
analyze what that's done, but one thing

we know is that it has made it harder
for the consumer to go figure out where

to find the things they want to see.

But also you can argue it gives them,
in some cases, more access points.

I guess one example, one thing I
want to ask you about is Tubi because

that, you know, they're, you know,
Fox company, free streaming, so I

guess it's the same philosophy that
you're actually just providing access,

additional access for those who might
not have broad- broadcast acc- access.

Is that sort of how you've seen
the Tubi relationship to date?

Mike Mulvihill: Yeah, I, I think when we
can take advantage of Tubi, we want to.

We have sort of been, um- Just
dipping our toe in the water

of what's possible with Tubi.

You know, it's obviously
a very powerful platform.

We wanna take advantage of it when we can.

We made the Super Bowl available
on Tubi a couple years ago.

It was a very significant
contributor to that Super Bowl

setting a record for viewership.

Um, we did it again for our
Thanksgiving game last year.

We're gonna have a very, very
small number of World Cup matches

that are made available via Tubi.

So i- i- they're a powerful partner.

Um, they can be an
accelerant to our audience.

At the same time, we also have
to be really mindful of the

business relationship that
we have with our traditional

over-the-air affiliates, right?

Like, we have to protect,
uh, that business model.

We have to protect the, the primacy of
the over-the-air affiliate relationship.

And so we are a little bit
limited by choice, um, in

how aggressively we use Tubi.

And, and that's something that I think
we'll just figure out over a number

of years, like where are the right
opportunities to use that extra means

of distribution, uh, and where do we
have to maintain broadcast affiliate

exclusivity to just make sure that we're
protecting those relationships too?

Brian Fuhrer: There's a couple things
I wanted to ask and kind of extend the,

the discussion around World Cup, and
it's, it's, it's really fascinating

to see kind of from so many different
perspectives, but the mechanics

of putting this together, can you
give us any kind of early feelings?

You know, we look at the things that
seem obvious to us, but we know that

you and your y- your team has spent a
lot of time analyzing this, obviously

in the decision to even get the rights.

But what is your gut feeling,
you know, of, of what's gonna

happen as, as this unfolds?

Mike Mulvihill: Well, I mean, I think
if we're talking about, uh, measurables,

you know, we'll be looking, uh, we'll
be looking a lot at reach, right?

I think that the possibility is for
this World Cup to achieve reach that

is similar to an NFL regular season.

Um, if you think about a- an NFL
regular season on Fox or CBS, because

we have more windows than the other
partners, we might reach 170 million

people, uh, in a regular season.

Um, a primetime package with fewer
windows is gonna reach a little bit less.

They might reach 130, 140.

I kinda think this World Cup has a
chance to reach 150 million viewers.

So it's almost like having
a second NFL regular season.

Um, in a Fox NFL regular
season, we'll have 101 games.

The World Cup has 104 matches, so it's
a pretty similar number of events, um,

but the format and the construction
of it is obviously very different.

You know, in the NFL, we're
doing regionalized windows

across an 18-week season.

That's how we get to those 101 games.

In the World Cup, every match will have
its own standalone national window,

and it's compressed into five weeks.

So it's, it's all the reach and complexity
of an 18-week NFL season, um, compressed

into just five weeks, so that obviously
comes with a lot of demands on our

talent, uh, and on our production team.

I, I, I think we have an expectation
that the US national team matches

will at least challenge, uh, to be
the most watched soccer matches i- in

American TV history, hopefully will
surpass some of those previous records.

Um, I, I think this is a World Cup that's
going to break a lot of records, right?

So we're going into it
with a lot of optimism.

Um, but I think that the number one
metric that's interesting to me is

reach, because reach is so important
to everybody in our business.

It's important to FIFA.

It's important to, um, the future
growth of soccer in the US.

It's obviously important to our business
partners, and I would love for us to get

to a point where we can say that the World
Cup has reach that is, at least in some

way, comparable to an NFL regular season
package, because that's obviously the

gold standard for reach in this business.

Brian Fuhrer: Yeah, it feels like
a lightning in a bottle moment for

soccer in general, uh, here in the US.

And, you know, I, uh, like you do as
well, I'm sure, travel fairly regularly,

uh, internationally, and, you know,
the, the passion that we see elsewhere,

um, as that translates into not just,
uh, you know, subsets of, of the US but

also more broadly, it, it could be an
extremely interesting moment, um, not

just for soccer, but for sports in the US.

You know, I, I would have loved to
have, uh, been a fly on the wall in

the, your draft sessions deciding
what matches to air where and when.

Mike Mulvihill: Well, actually, I think
you would've found it less interesting

than you might think because we have
such a limited degree of control over

how matches are scheduled, right?

Like, obviously, the World Cup is
being shown in territories around

the world, and even if the US is the
largest and most valuable and most

dynamic television market, um, we
don't have a free hand to just dictate

how games are scheduled, right?

That's why the second US group
stage match, uh, which is against

Australia in Seattle, um, is
in an afternoon window, right?

Like, if we had complete, uh, authority to
create whatever schedule we wanted, maybe

we would play that match in primetime.

But FIFA is in the unique situation
of having to take into account, um,

viewership patterns, uh, all over the
world, um, which means you're thinking

about not just North and South American
time zones, but European time zones

are obviously incredibly important.

Asian time zones are important, and
maybe even increasingly important.

Um, so it's not like some of our other
properties where we really have a lot

of latitude in determining who's gonna
play on what day and at what time.

I, I do think that I, I, I
think this relates to something

that you said earlier.

You know, it, it is really
important to us to try to broaden

the appeal of soccer in the US.

That- that's very much linked to, um,
that strategy of putting 70 matches

on broadcast and using free TV as
aggressively as we can, because soccer,

I would argue, is the sport of the
people in virtually every country on

Earth except the United States, right?

Here in the US, soccer still
has kind of an association with,

um, more affluent families.

Uh, I, I don't know that it's necessarily
seen as the sport of the people.

Um, it has an incredibly affluent
television audience, right?

Like, these are statistics
that we get from Nielsen.

When we look at the median income
of any of our properties, we

generally want it to be higher.

We want to be reaching people that
will be attractive to an advertiser.

In the case of soccer, the median income
of the audience, it's almost too high.

You know, you would actually trade
some of that affluence to broaden the

reach, um, and just make sure that
you're including as many different

types of people and different
types of circumstances as possible.

So by putting all these matches on
broadcast, it would be okay with me

If we sacrificed a little bit of that
extreme affluence in the interest

of reaching 150 million people, it's
okay if, um, the average viewer is a

little less affluent than they've been
in past World Cups, because we really

wanna open up those doors and get as
many people under the tent as we can.

Brian Fuhrer: Well, all signs
indicate you're gonna, uh,

get at least some of your wish

Mike Mulvihill: there.

Obviously, being in North American
time zones is incredibly significant.

Uh, and just the emotional resonance
of being here in the US, having

most of the matches in US markets,
it happens to coincide with our

celebration of the 250th anniversary
of the founding of the country.

And what we're hoping is that
those things will come together,

um, to create something that's
really emotionally powerful.

Right?

I, I think we've been talking a
lot about what does it mean for

America to welcome the world in 2026?

Like, what does it mean for
America to host the world's

most important sporting event?

And I, I truly believe this is the
world's most important sporting event.

And hopefully it's something that's gonna
create, you know, a surge of national

pride and good feeling at a moment where
I think we all could use that surge of

national pride, um, and just really make
people feel great about having the world

come here in a, not to be too, like,
misty-eyed about it, but, you know, a

celebration of sports, a celebration
of, like, what's possible in sports.

Um, and hopefully that will inspire
people, and then all those strong emotions

will be reflected in the numbers that
we look at through the tournament.

Julie DeTraglia: Yeah, it's, that's…
You bring up a lot of really great points.

I mean, we've talked about the kind
of home field advantage of having

the time zone, US time zones, is
really gonna make a huge difference.

But I hadn't really thought about,
you know, the 250th anniversary, and

it's always, you know, knowing it's
gonna be a huge cultural moment.

But all those things coming
together at the same time is really,

really unique and significant.

A- and obviously, as you mentioned, you've
got a lot of just regular tracking to do,

you know, reach and audiences for those
104 games in a very short amount of time.

What are some of the other signals
and data that you'll be looking at,

you and the team, as you work your way
through what's sure to be a probably

grueling five weeks of, of work?

Mike Mulvihill: Yeah, this
is a great question, right?

Because this is a chance for us as
research nerds to just completely geek out

on the data and, and what it means, right?

Um, because some of the metrics that
matter to me are not necessarily

metrics that, uh, a lot of people
who don't do this for a living

would look at first, right?

One is co-viewing.

Um, I, I just think co-viewing is
so important to sports generally.

It's gonna be important to this World Cup.

Obviously, the tournament
falls during summer vacation.

Kids are gonna be home and available
to watch matches with their

parents or with their friends.

Um, and we think that so much
of the value of sports is in its

ability to bring people together.

I know I've mentioned that a few times
already, but we just can't say enough

that, you know, what underpins this whole
business is the social currency of sports,

and the way that that social connectivity
gets expressed in the Nielsen data, um, is

primarily in the co-viewing number, right?

So the more that we can see that kids
are watching with parents and you're

having that intergenerational connection,
that's really important to sports

because sports fandom tends to be passed
down from one generation to the next.

Like, the way to really grow,
grow the game is to have parents

watching with their kids and, and
having a shared experience there.

So co-viewing is gonna be a
metric that we look at a lot.

Um, and out-of-home contribution is gonna
be something that we look at a lot, right?

Like, if we were hosting this World Cup
in the US Well, we did host the World

Cup in the US 32 years ago, but you
don't even have to go back that far.

You know, if you, if we were doing
this just eight or 12 years ago, um,

it would've made us a little bit uneasy
to have these watch parties in public

places where thousands or tens of
thousands of people are coming together

to watch the matches in environments
that not that long ago would not

have been captured by Nielsen, right?

Now it is being captured by Nielsen.

We do monetize that public viewing,
um, and we very much wanna encourage

as much public viewing as possible.

You know, i- if we can get 20,000 people
to come out to watch a match in Grant

Park in Chicago, if we can get a couple
thousand to come to Power & Light in

Kansas City, like that's fantastic for us.

Uh, and so I think for many years we
had this sort of awkward circumstance in

sports where we knew that public viewing,
whether it was in bars and restaurants,

uh, or in outdoor public settings, we
knew that was important for sports, but

we also knew that we weren't capturing
it or monetizing it, um, so we almost

had to work at cross purposes, like
we, we didn't really want to encourage

those big public viewing parties.

Now, it's an important part of what we do.

Um, I think there are gonna be World Cup
matches where out of home might account

for 30% or 40% of the total viewing, uh,
and that's very much a positive thing.

Like we wanna see the biggest out of
home contribution that we can get.

Brian Fuhrer: You know, as w- as
we've looked back in 2023, you know,

e- every month we, we try and, and,
and track what the, what the overall

consumption patterns are, and we
definitely saw an impact on the gauge,

for example, in, during that interval.

And, and, you know, we'll really be
looking forward to s- to, to trending

that and seeing the overall impact.

But one thing I think you, uh, you
know, you really point out here

is How sports is such a connector.

You know, we've seen it historically.

South Africa, for example, with Mandela
and, and what- what's happened there.

It, it, it really is, I, I think, a cult-
the World Cup is, is a cultural moment in-

including the kind of historical times in
the US with the, the 250th anniversary.

It's, it's gonna be a, a really
interesting time to see all

these things come together.

Julie DeTraglia: Mike, I think you hit
on all the sort of really key parts

of what's gonna make this a really
spectacular and unique event, and a

lot of work for you and your team.

So just wanted to wish you good luck,
and thanks again for taking the time.

I know what it's like to, you know,
be on the lead-up to one of these

things, and there's a lot going on.

Mike Mulvihill: No, thanks.

We appreciate that, and we look
forward to doing that work.

And, you know, I just wanna thank
you guys and your company because,

you know, the data that you provide
is the currency of our business.

It's our best opportunity to really
understand sports fans and what's

happening out there in the marketplace.

Uh, and I really do believe, and we've
said it already on this pod, that the

power of sports is that it brings us
closer to our friends, our family,

our city, sometimes our university.

And this summer, it's gonna make us
all feel closer to, uh, the entire

country and to what it means to be an
American and an American sports fan,

and that's really, really powerful.

And the only way that we have
to try to put a number to those

emotions that are impossible to put
a number to is through your data.

Like, that's our best opportunity to
express those emotions numerically.

And I think it's gonna
be a great World Cup.

I, I think we're gonna have a lot
of business success, but I think

more importantly, it's just gonna
be a really special moment of

national pride and unity, and a
demonstration of what sports can mean,

so can't wait for it to get started

Julie DeTraglia: This is probably the
first World Cup tournament in which

streaming is going to have probably
a larger proportion of the total

viewing as will be on Fox and Tubi.

And that'll be really interesting to
kind of understand, you know, what

happens to that audience and why they
might choose one platform over another.

And it's not the first
time that's happened.

I mean, for most leagues, most of the
distributors will also put a game on a

streaming service, the one that they own,
and certainly Tubi has had a Super Bowl.

Um, but, you know, times have
changed a little bit since Fox's

last Super Bowl, and I think we'll
probably see some different data

emerge, you know, out of this game.

Brian Fuhrer: Yeah, I, I, I think
one of the most interesting things

that's happening across the, the
whole media ecosystem is these

multi-platform companies really
leveraging their streaming platforms,

uh, in a very positive way.

There's not this g- conflict anymore.

There's not this competition
between the linear and streaming.

They're really coming together.

And of course, the, a great example was,
uh, the Super Bowl on Fox, where we saw

Tubi really contribute significantly.

And what happened is it's not
just y- an incremental audience,

it's a different audience.

Right.

It's younger and in, in a
lot of cases, more ethnic.

And we'll see, um, especially with
the World Cup, you know, what the

audience is, how they dif- differ.

I mean, we, we've just seen great success
with, uh, NBCU and the Olympics, what

they did with Peacock, and i- it was
amazing to me, most recently, this most

recent Super Bowl, 20% of the audience
of the Super Bowl came from Peacock,

which is, you know, when you think back,
not that long ago, an astounding number.

Julie DeTraglia: Yeah,
and that's really huge.

That's a big, big number for a
service that you have to pay for,

and Tubi, of course, is free.

And so I think we saw that with the
prior Super Bowl that Fox carried, but

also I think that's gonna make a even
larger impact on something like the World

Cup that's so sustained over so long.

And it's one of those events, you
know, and I spent a lot of time

working at NBC, like the Olympics,
where people don't even really know

it's happening until it's upon them.

We used to do a lot of work to test
to see if consumers knew, like,

where are the Olympics this year?

And up until, like, the week
before, they wouldn't remember.

You know?

They'd be like, "I'm not sure. I think
China?" But once they started, and the

stories started coming out of it, and
it starts… You know, there wasn't

really a lot of social media back
then, but people start talking about

it, and it starts getting newsworthy.

This is a five-week tournament that
is global, and it's gonna be huge,

and I think that's when we'll begin
to see a lot of different kinds of

viewer behavior patterns because it's
extended, and it's global, and it's just

really gonna grow and grow and grow.

Brian Fuhrer: And you know, you mentioned
something really important, and the, the

whole time zone area and the geography
is gonna be super- Yeah … I, I think

that's what's gonna drive the audiences
in a way that we've never seen before.

And- The immediacy of it happening locally
on, in our time zones, I think, uh,

that's where we're gonna s- another thing
that's gonna drive audiences considerably.

You know, as we've looked across the
fast platforms in general, one of

the things we see, uh, that I think
is interesting and, and we'll be

talking about here is they really
under-index from a Hispanic perspective.

And I think it's gonna be really
interesting to look at what happens

to Tubi, um, the Tubi audience as we
break out the Hispanic for, for World

Cup, because it might have a lingering
and on, you know, a, an ongoing impact

to the Tubi audience with having
been promoted to, uh, Hispanics.

Julie DeTraglia: Yeah, and the other part
of it that's gonna be super interesting

is what happens in social media around
all of this, and all of the creators

and sports creators that are out there
that will, you know, follow and cover

the World Cup in different ways than
I think we've probably seen before.

That's gonna capture an entirely different
set of fans and have an entirely different

kind of engagement, and all of that's
gonna build towards really driving

an audience back to see these games.

Brian Fuhrer: From that standpoint,
it's gonna be really interesting.

And I, we, I mean, we've seen soccer
building, and I, I just ha- don't

think it's hit its moment yet.

I mean, obviously, the Women's World
Cup was the most memorable moment

probably in the history of US soccer.

Let's see what happens, um, this
year i- in our time zones when,

you know, with, with full coverage.

And the other thing to think about,
sports coverage every year, the

technology, the product just gets better.

Whatever the sport is, the coverage,
um, you know, the camera work, the,

uh, high definition, uh, continues to
improve, and I'm, I'm really kind of

interested to see how that, that impacts
the overall audiences as well, because

it's just a better consumer product.

Julie DeTraglia: Right.

Especially for a game like soccer
that has traditionally just

sort of been camera on field.

Mm. And there's not a whole lot
that you can really do with it.

It'll be interesting to see how
that changes with these games.

I think it's changed over the years,
because you really need to have a

different kind of engagement for
the audience to really get into it.

It's always been sort of pulled back and
really far away, and if you can bring fans

closer to the players, to the teams, to
the action, that's what really sort of

cements that kind of fandom over time.

Brian Fuhrer: Uh, you know, I think
that's a, a great point, 'cause soccer

is maybe a little bit of a nuanced
game, and for a casual fan- Right

you don't notice the nuances.

But when, you know, with the ability
of having all the cameras to see

how, you know, how different each
different t- for example, each

different type of kick is, if you're,
if it's a, like you say, a pulled back

camera, f- for somebody that isn't a
soccer expert, you might not notice.

But they'll be able to really,
I think, highlight those

differences as they go through.

So it's g- it's gonna be really
interesting to see what happens.

You know, a- and as soccer comes in,
there might be a corollary between

the amount of international content,
for example, on services like Netflix.

Uh, i- that's had a really, really
big impact on overall streaming.

Now we'll see, you know, if soccer can
make the same kind of an impact to the

sports environment in the US as well.

Julie DeTraglia: And I think also we're
gonna see this sort of juxtaposition

of this global event Magnified locally.

So we know here in New York, uh, we're
gonna see games at MetLife Stadium.

That's gonna alter the way people
live for that, you know, month

and a half that that's going on.

And we're gonna see, I think,
personalities emerge, not just from

players, but just local coverage of
some of these events, and the cities

are gonna be way into it, and it's gonna
cause a lot of mayhem, but I think it'll

be really, really exciting to watch.

Brian Fuhrer: I think… D-
did we get our tickets yet?

Are we ready to go?

Julie DeTraglia: No, I'm ready to go.

You know, if there's one thing we
want our listeners to take away,

it's that soccer fandom is here.

We're about to see these massive numbers
we know for this year's tournament,

and that growth will likely continue
throughout 2026 and into 2027 when

we have the FIFA Women's World Cup.

Brian Fuhrer: Special thank you to
Mike Mulvihill, who's always a great

guest, and his ability to connect
the audiences with the broadcast

strategy that he's so good at.

Find us anytime at theroundout.com,
and we'll see you there