January 11, 2014 |
The Weather Channel is threatening to rain all over DirecTV if it can't come to terms on a new distribution agreement with the satellite broadcaster. The current contract between DirecTV, which has more than 20 million subscribers, and the Weather Channel expired at the end of last year. An extension was agreed upon, but now the Weather Channel is anticipating that DirecTV will drop the service because the two are still at an impasse. The current extension expires Tuesday. "For DirecTV to take us off their lineup would be deeply irresponsible to its customers who not only count on the Weather Channel on a day-to-day basis, but depend on us before, during and after severe weather events," David Kenny, the chief executive of Weather Channel parent Weather Co. said in a statement.
January 22, 2013 |
With Time Warner Cable putting the finishing touches on a new partnership with the Los Angeles Dodgers, the next question is what will happen to the team's current TV home, News Corp.'s Prime Ticket. Besides the Dodgers, Prime Ticket also has rights to the red-hot Clippers basketball franchise and Ducks hockey team. Its other Los Angeles sports channel -- Fox Sports West -- carries the Angels and Stanley Cup Champion Kings A Fox insider said there are no plans to consolidate Prime Ticket and Fox Sports West into one channel.
December 8, 2011 |
Call it a cable squeeze play. Cable television networks may be the most lucrative divisions of many large media companies, but the networks are beginning to feel the pinch of dramatically higher programming costs. In 2006, TV sports giant ESPN spent $3.5 billion on programming for its flagship channel. This year, the channel's content costs have mushroomed to $5.2 billion — a nearly 50% jump from five years ago, according to consulting firm SNL Kagan. Programming expenses for Time Warner Inc.'s TNT channel have soared 55% since 2006 to $1.1 billion this year, propelled by sports rights fees for NBA and NCAA basketball as well as a lineup of original dramas including "The Closer" and "Falling Skies.
August 14, 2013 |
Fox Sports 1 has struck agreements with three major distributors that will ensure that the new cable network will be available in the majority of pay-TV homes when the network launches this Saturday, people familiar with the matter said. The three carriers -- satellite broadcasters DirecTV and Dish and cable operator Time Warner Cable -- all have agreed to carry Fox Sports 1 when it launches. Those three distributors combined reach over 40 million homes. A Time Warner Cable spokeswoman said it would have the channel on its systems when it launches.
November 19, 2012 |
Add cable industry pioneer and Liberty Media Chairman John Malone to the growing list of people who think sports programming costs are out of control. "We've got runaway sports rights, runaway sports salaries and what is essentially a high tax on a lot of households that don't have a lot of interest in sports," Malone said in an interview. "The consumer is really getting squeezed, as is the cable operator. " Indeed, by some industry estimates sports programming now accounts for about half of the typical pay-television bill.
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.