Super Bowl Sunday arrives amid the ongoing Winter Olympics and just days after nominations were announced for the Academy Awards, which will run on March 27. All three TV spectacles have historically put the "broad" in "broadcasting," attracting mass audiences for media events that became shared national experiences.
But based on Nielsen ratings, viewership for two of these events — the Olympics and Oscars — has halved, or worse, from the previous iteration, and is down even more dramatically from times when networks, and the nation, were less fragmented.
The Academy Awards, for instance, drew about 10.4 million viewers last year, compared with 23.6 million in 2020 and 39.3 million 10 years ago.
The Beijing Olympics' Opening Ceremony fell 44% from four years ago, and the average 12.3 million viewers for the first four nights were about half of the 2018 Pyeongchang Games.
Conversely, the recent NFC and AFC Championship Games did a ratings equivalent of a touchdown dance, averaging 49.6 million viewers, which was up 10% from last year and 16% from 2019. The games were the most watched events since (naturally) last year's Super Bowl.
The big game has the biggest audience of any event every year, and has mostly held, or in some years grown, its viewership. Last year's lopsided Tampa Bay victory drew about 93 million viewers, down a bit from the closer Kansas City win a year earlier, which was watched by about 101 million viewers. Ten years ago — not just a decade but an eon in media terms — an average of about 111 million watched two East Coast titans, the New York Giants and New England Patriots, square off.
This eon saw enormous changes in the media world. A decade ago, networks still had hits like "American Idol" (but prime-time's top-rated show was still "Sunday Night Football"). Today, TV's hits — culturally, certainly, and increasingly quantitatively — are as likely to come from Netflix as they are from network TV. Streaming has become a torrent of TV options in the last few years, as evidenced by Netflix receiving the most awards at last year's Emmys, led by "The Crown" reigning over the top categories.
Netflix also had more Oscar nods than any other studio, with its "The Power of the Dog" garnering the most nominations with 12, making it the odds-on favorite to win Best Picture. While the fine film may deserve that honor, it certainly wasn't the most popular picture last year — that distinction went to "Spider-Man: No Way Home." It was one of the few films getting people to leave their homes to go to the theater in another COVID-cautious year that had about $4.5 billion in box-office sales — up 113% from the COVID-closure year of 2020, but still only about 39% of the pre-pandemic 2019.