Saturday, September 30, 2023

Sports on TV

I think sports are about to be in a tough spot. Fewer networks want to pay out large sums. 

I just read an article that baseball and the ballys network are about to part ways (Ballys used to be Fox sports regional networks before Disney bought out the Fox name; and recently ballys sports declared bankruptcy)

They have no real solutions for what to do about baseball and probably will go back to the model of the teams negotiating for local broadcast rights and losing out on thousands of games making money in a non regional sense. Though they would still be streamed through MLB TV or whatever. 

And the bigger problem is that means less revenue. And less revenue sharing. 

Surely it will affect other sports as well. 

Then there's the Disney/espn problem. Cord cutting hurts. 

Disney made about $4 per subscriber on cable. With no ability to opt out it was a cash cow. Now it's a problem. 

Disney is considering a bunch of options. One is to provide a standalone streaming service for all espn content. And they suggested the price might be around $24 per month. 

Worth it? 🤷🏼‍♂️

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