Time Warner Cable is launching two regional sports networks: Time Warner Cable SportsNet and Spanish-language network Time Warner Cable Deportes. Entertainment reporter Joe Flint gives the rundown in this video.
The cable operator has already spent billions of dollars to take the Los Angeles Lakers away from Fox Sports West. It's won the rights to broadcast Galaxy soccer games too, and now it is vying for the Dodgers.
All the money the company is paying raises the likelihood that cable rates will go up, Flint says.
"We've got a big problem in our industry with the rising costs of programming, and sports is probably the biggest driver," DirecTV Executive Vice President Derek Chang told Flint. "Any time you introduce a new pricey channel, that's probably not a good thing for subscribers."
Are you willing to pay more for these channels? Let us know.
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