
Charter's Spectrum Drops RSNs, Deals Blow to Bally Sports
Cable TV provider Charter is revamping its channel lineups to adapt to the changing sports TV landscape. The company will split its Spectrum TV Select service into two options: Spectrum Select Plus, which includes sports channels and regional sports networks (RSNs), and Spectrum Select Signature, which excludes RSNs and many sports channels. Charter, which owns RSNs like Spectrum SportsNet, will launch a direct-to-consumer streaming offering for Spectrum SportsNet, available for free to Select Plus subscribers. The move could impact the RSN business and potentially slow down cord-cutting, as news and entertainment channels will be available in a less expensive TV bundle. Charter lost nearly 700,000 video subscribers in 2022 and another 240,000 in Q1 2023.
