Patrick Crakes @Aquinas82nd
Consultant, Media Executive & Soldier...TV, Sports & Music...Crakes Media, InVivo Media Group, FOX Sports & U.S. Army linkedin.com/in/patrick-cra… Manhattan Beach, CA & Dublin, OH Joined December 2008-
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Does Comcast relegate their RSNs in Philly, SF, Boston, Chicago to same tiering?
Does Comcast relegate their RSNs in Philly, SF, Boston, Chicago to same tiering?
"Cable has lost subscribers for a fourth consecutive quarter and [it's] getting worse. Broadband market is clearly maturing and churn is at historic lows, meaning there are less [customer] adds to go around."
Can’t imagine WBD won’t match but don’t rule out them working with Comcast to secure NBA inventory it needs while bringing NBC on board. WBD’s NBA future aside, this deal follows trend of recent Tier 1 negotiations that saw multiple partners added in order to grow rights fees…
Can’t imagine WBD won’t match but don’t rule out them working with Comcast to secure NBA inventory it needs while bringing NBC on board. WBD’s NBA future aside, this deal follows trend of recent Tier 1 negotiations that saw multiple partners added in order to grow rights fees…
A settlement in the House v NCAA case could result in a revenue-sharing agreement between Power 5 schools and players. But it *doesn't* address the biggest question still facing college sports: should athletes be classified as employees? My analysis: frontofficesports.com/house-v-ncaa-s…
Bally Sports Statement: It’s disappointing that Comcast rejected a proposed extension that would have kept our channels on the air and that Comcast indicated that it intends to pull the signals, preventing fans from watching their favorite local teams.
In many ways, in the NIL era we're still reimagining what apparel contracts should look like between schools and shoe companies. Expect Indiana's next adidas extension to reflect that. Insider: indystar.com/story/sports/c… via @indystar #iubb
@sherman4949 Will it be the version with lyrics?
Yeah, it’s the “hammer out” part that’s really the trick…
Yeah, it’s the “hammer out” part that’s really the trick…
Diamond Sports, parent of Bally Sports, and Cox Communications today announced that they have reached a multi-year renewal of their distribution agreement for the continued carriage of Diamond’s portfolio of regional sports networks (“RSNs”).
NFL Draft viewership (over 3 days) finished around 3% lower after a strong Thursday start. 5.7 million viewers across ABC, ESPN, ESPN2, NFL Network. 5.9 million last year (number could rise a little with some NFL digital numbers tossed in)
WNBA worth more than ever but skeptical that distribution partners are going to give any network(s) direct credit on sub fees for WNBA...That's a short list that's not really growing & that's the big reason why WNBA needed the NBA to its max rights.
WNBA worth more than ever but skeptical that distribution partners are going to give any network(s) direct credit on sub fees for WNBA...That's a short list that's not really growing & that's the big reason why WNBA needed the NBA to its max rights.
Yep. Every minute of content on TNT that can be levered with Pay TV is already doing so. NBA can't be replaced in such fashion. Worse, distribution partners probably have right to reduce fees quickly if NBA is lost. That's why Turner paid for very strict backend rights...
Yep. Every minute of content on TNT that can be levered with Pay TV is already doing so. NBA can't be replaced in such fashion. Worse, distribution partners probably have right to reduce fees quickly if NBA is lost. That's why Turner paid for very strict backend rights...
It will be ever interesting for sure to see where player ratings net out…
Given what the NBA owners need as a rate of return plus what the players have been promised it has to be. In particular given atrophying local rights fees…
For sure. Overall, seems most reasonable folks view this as proper…Go Reds!
True…However, I’d suggest that the true definition of “TV” is plastic and not platform specific…As I think this new NBA deal, as it evolves, is making clear…
Honestly, at this point, who’s not an investor Necaxa?
Stewart Mandel @slmandel
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It appears likely that Bally Sports channels will go dark on Comcast systems tonight.
@MACcable Really? Think about it Amy…They own them. They could agree to re-open the deals and re-tier them anytime they like. Left pocket, right pocket. Do as I say…not as I do!
Bucks fan audible on TNT's broadcast is extremely annoying.
Rough day for $WBD shareholders after report that NBC made $2.5B/yr offer for TNT's NBA package. @crupicrupicrupi breaks down financial impact on Warner Bros. if no NBA. sportico.com/business/media…
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@sherman4949 Will it be the version with lyrics?
What Mike Woodson said about IU basketball's new additions via transfer portal, recruiting indystar.com/story/sports/c… via @indystar #iubb
Is gambling going to infiltrate every nook of society? There are already enough problem gamblers, now even kids arcade games too.
DAVE & BUSTER’S TO ALLOW CUSTOMERS TO BET ON ARCADE GAMES Dave & Buster’s $PLAY will begin letting loyalty members over the age of 18 place real money wagers on arcade games with friends through the company’s app - CNBC
There's nothing on the market or coming up soon that could replace that value. WNBA will be worth more than it ever has been, but wouldn't justify relatively high fees distributors pay for TNT. And no, AEW (even lots more AEW) wouldn't move the needle on that either.
Many responses like this re: justifying TNT's distribution fees in the hypothetical (for now!) world where they lose NBA. NCAA is bake in already so can't replace NBA value and even with the NBA, a huge part of distribution fees is about the playoffs/conference finals.
@Aquinas82nd No doubt. It’ll evolve. But as long as the traditional model exists, they desperately need sports My hot take is that sports will benefit in the short term as leagues realize their importance to the carriers. Once they lose sports, it’s all over for them
The brewery near my house literally has a kids menu where the meals come with juice boxes...
STOP BRINGING YOUR KIDS TO BREWERIES IM TRYING TO RELAX
The current NBA TV deal averages about $2.6 billion a year. ESPN plus whichever of WBD or NBC wins bid adds up to about $5 billion alone. Feel like adding in Amazon gets them over $6 billion. This feels like the last big score of the cable bundle era.
If TNT loses the NBA, I don't think any content is available that would justify the fees distributors pay to carry TNT.
@SportsTVRatings if TNT loses NBA where do they do for content. More NHL/MLB? Do they dabble into the UFL if there’s expansion?
Simba: "Raise streaming prices and churn goes up and growth drops." Mufasa: "Everything is connected in the Great Circle of Life." "NBCUniversal is hiking the price of Peacock for the second time in two years, tacking $2 onto the cost of the streaming service this summer."
Traditional TV needs sports. Less risky than scripted, less expensive, and most loyal customers (fans want to see their team play)
Correct answer: Byron Allen 👇
@Aquinas82nd @herewearee11995 @JBFlint Nick Khan was talking joint Comcast/WBD deal a few months ago