April 13, 2006 |
The Federal Communications Commission voted to require anonymous bidding at a June 29 auction to sell airwave rights. The rules would help prevent companies from colluding to drive down prices. The government, which plans to move the Defense Department and 11 other agencies to new frequencies, expects to auction 1,122 licenses and raise as much as $15 billion.
January 12, 2006 |
If you're looking for the Bob Hope Classic on television beginning in 2007, you'll have to find the Golf Channel on the remote control. Under the PGA Tour's new six-year television contract announced Wednesday, the cable channel will be the new home of the 47-year-old tournament, which will not be telecast by a network for the first time. ABC's final Hope telecast is next week.
December 8, 2005 |
NASCAR announced an eight-year, $4.48-billion television deal Wednesday that will pay the racing organization 40% more per year, beginning in 2007, than it receives under its current agreement. At $555 million, NASCAR would rank fourth in annual revenue for televised professional sports, behind the NFL at $3.735 billion, the NBA's $767 million and Major League Baseball's $713 million. NASCAR's 36-race season will be shared by Fox, ABC, ESPN and TNT.
October 19, 2005 |
FSN West has offered the Angels a cable contract that could enable the team to pull even with the Dodgers in television revenue, two sources said Tuesday. If the Angels accept the deal, they would abandon the concept of starting their own cable channel but could eventually triple their television revenue from 2004, the first full season under Arte Moreno's ownership. Negotiations are continuing, and no agreement has been reached.
August 9, 2005 |
Comcast Corp. and Time Warner Inc., which made a joint bid on smaller rival Adelphia Communications Corp. in April, are fighting a proposal by DirecTV Group Inc. that they be banned from signing exclusive contracts for regional sports programs after the transaction. The Federal Communications Commission "should reject requests that it prohibit" the cable companies "from entering into exclusive arrangements," Time Warner and Comcast said in a filing with the FCC.
June 17, 2005 |
Runaway bride Jennifer Wilbanks has struck a deal for a TV project about her misadventures. ReganMedia, which publishes books and produces TV shows and movies, said Thursday that it had acquired all media rights to the stories of Wilbanks and her fiance, John Mason. The New York company did not say whether any money had changed hands.
May 28, 2005 |
Already reeling from a canceled season, the NHL has taken another hit: ESPN has decided to not pick up a $60-million option to retain its broadcasting rights in the United States, a source familiar with the situation said Friday. A spokesman for ESPN declined to confirm that decision, but the source said it would be announced Tuesday, the day before the option deadline. NHL officials have been informed of the decision. The league had no comment.
February 18, 2005 |
The cancellation of the NHL season might mark the end of the league's relationship with ESPN. Once a programming staple, the NHL has had a reduced presence on the network in recent years. This season it was scheduled to have 40 regular-season games on ESPN2, and Games 1 and 2 of the Stanley Cup Finals and the All-Star game on ESPN, a deal worth $60 million. ESPN holds options for two more years, at about $70 million a season.
August 19, 2004 |
This may be one Tiger Woods "slump" that's really serious. When the PGA Tour coaxed a four-year, $850-million contract out of the networks and cable to televise its events, the deal was not only a 33% increase, it also was regarded as a major victory for Tim Finchem, the tour commissioner. The deal ends after 2006, but when negotiations pick up in 2005 to come up with another agreement, chances are the discussions aren't going to be quite as rosy for the tour this time around.