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Sports Joint Venture

All articles tagged with #sports joint venture

business1 year ago•3 min saved

"Pay TV Distributors Strategize Against New Sports Streaming Venture"

Pay TV distributors are concerned about the impact of a new sports joint venture announced by Disney, Warner Bros. Discovery, and Fox, which aims to offer live sports outside the traditional cable bundle. The key question for distributors is whether they'll be allowed to offer the same skinny bundle of linear networks, including ABC, ESPN, and others. If the joint venture restricts distributors from offering the same product, it could lead to increased cable TV cancellations and potential legal disputes. The terms of agreement and potential impact on pay-TV distributors are still being negotiated, with limited information disclosed about the joint venture's strategy.

via CNBC|

#business #disney #fox

business1 year ago•2 min saved

"Media CEOs React to Impact of New Sports Streaming Ventures"

EW Scripps CEO Adam Symson believes that Wall Street's reaction to the new sports joint venture is overblown, as investors seem to be overlooking the inclusion of local ABC and Fox affiliates in the new bundle. He stated that affiliates will be compensated for being carried along and that the joint venture will work collaboratively with all local broadcast affiliate partners. Symson also expressed skepticism about the potential success of the new bundle, suggesting that a smaller bundle at a price of $40 or $50 per month probably won't have a large audience, and that sports fans won't be satisfied with a partial offering.

via CNBC|

#business #disney #ew-scripps