November 15, 2012 |
The Lakers may not have Phil Jackson but at least they have DirecTV. Ending a long standoff, satellite broadcaster DirecTV has reached an agreement to carry Time Warner Cable's SportsNet, which is the new television home for the Lakers. As part of the pact, DirecTV will also carry Deportes, the Spanish-language sister channel of SportsNet. Laker fans who have DirecTV won't be the only ones cheering the decision. Many bars and restaurants with DirecTV have seen their businesses take a hit without having Laker games on the big screen.
November 6, 2009 |
The cost of travel has really gone through the roof. Scripps Networks Interactive Inc. has bought a majority stake in the Travel Channel from Cox Communications Inc. in a cash-and-debt deal that values the little-watched cable network at $975 million. Scripps is betting the channel will be a good fit with its other lifestyle networks, including Home & Garden TV and its majority stake in Food Network (which also counts Los Angeles Times parent Tribune Co. as an owner). The steep price caught many analysts by surprise.
April 19, 2011 |
After negotiating seriously with ESPN and Turner Sports, the NHL signed a new 10-year television deal that will keep games on NBC and Versus, where they have been for six years. The deal is worth $2 billion, according to two people with knowledge of the negotiations who could not speak publicly. In the expiring contract, Versus paid the NHL about $75 million per year. NBC, however, split profits with the league and paid no rights fees. That will change, although Dick Ebersol, chairman of the NBC Sports Group, declined to be specific Tuesday.
December 8, 2011 |
News Corp. Chief Operating Officer Chase Carey hinted that the programming giant would oppose any push from pay-television providers to put sports channels on a specialty tier. The topic of moving big sports channels such as ESPN and regional sports networks - of which News Corp.'s Fox owns 19 - has heated up in recent weeks. With sports rights costs rising, cable and satellite operators are fearing a backlash from consumers - particularly non-sports fans - when bills go up. However, programmers are against specialty tiers devoted to sports channels because it would mean reaching fewer potential viewers and hurt advertising.
August 7, 2010 |
Jamie McCourt wants a percentage share of the revenue the Dodgers might generate in coming years from television and land development, but calculating what that revenue might be is far from simple. The Dodgers have explored launching two cable sports channels in 2014, one in English and one in Spanish, similar to outlets owned by the New York Yankees (the YES network) and the Boston Red Sox ( NESN). According to court filings, the Dodgers' net television revenue is projected to jump from $41 million in 2013, the final year of the current contract with Fox, to $158 million in 2014 and $235 million in 2018.
August 22, 2009 |
Will rock and roll chef Anthony Bourdain come work in the commissary as part of a deal? That might be what some of the major media conglomerates kicking the tires of Cox Communications Inc.'s Travel Channel are wondering. The auction for the channel, whose biggest show is Bourdain's "No Reservations," is underway and the usual suspects are taking a look. Among those interested in the network are NBC Universal, Scripps Network and even News Corp., according to news reports. The price tag being bandied about is in the neighborhood of $700 million.