Jacket05
Ramblin' Wreck
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Sports fans are being sidelined as local hoops and hockey networks fight the decay of pay TV
Regional sports network owners Sinclair, Comcast and AT&T are charting a path for survival as the digital future looks murky
www.cnbc.com
I have been very vocal in my hatred for Sinclair and the limitations on availability. I ended up coming across this article that goes into more detail about the fall of RSN across the country. The two quotes below pretty much sum up my main issue that they paid too much and are trying to charge more than the content is worth to make up for it.
Rather than accept large monthly subscription fees, pay-TV providers like Comcast, DirecTV and Dish, and digital providers such as YouTube TV and Hulu, are increasingly walking away to keep costs down. They’ve decided the amount they have to pay to keep RSNs in the bundle no longer makes economic sense, given how few people watch them and how much they charge. Other than ESPN, RSNs are the most expensive networks in the bundle.
“The bundle is broken,” Silver said. “It’s clearly broken. Our regional sports networks – Sinclair in particular. They paid $10 billion. It’s not clear it’s a good deal at $5 billion.”