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.
May 10, 2012 |
Already the largest cable television provider in Los Angeles, Time Warner Cable Inc. now wants to become the dominant sports programmer in the region. On Oct. 1, the New York company will launch two regional sports networks: Time Warner Cable SportsNet and Spanish-language network Time Warner Cable Deportes. The cable operator has shelled out billions of dollars to snag the Los Angeles Lakers away from Fox Sports West and now has its eye on the Dodgers too. The company is tired of being held hostage by high-priced sports channels and has decided to stop fighting the competition and begin imitating it. The cable operator, which has about 2 million subscribers in Southern California, is taking steps to cut out the middle man. That middleman is News Corp., parent of local cable channels Fox Sports West and Prime Ticket and a formidable opponent.
September 26, 2012 |
The turtles are being unleashed in the nick of time. On Saturday morning, Nickelodeon will take the lid off a slicker, hipper version of "Teenage Mutant Ninja Turtles. " The armed reptiles, a hugely popular cartoon franchise in the '80s and '90s, are the latest effort by the children's network to combat a dramatic ratings plunge. Over the past year, Nickelodeon has lost 28% of its young audience, according to ratings firm Nielsen. The network's signature programming, "SpongeBob SquarePants" and tween sensation "iCarly," have lost cache with kids who are turning to other channels and other entertainment such as video games.
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 |
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.
September 21, 2012 |
After years of on-again, off-again negotiations, Time Warner Cable has finally struck a deal with the National Football League to carry the NFL Network and its sister channel called RedZone. The cable giant, which has 12 million subscribers, many of whom reside in New York and Los Angeles, was the last big pay-TV distributor not carrying the channels. Under the terms of the deal, the NFL Network will be placed on Time Warner Cable's most widely distributed programming package.