02-26-2023, 08:52 AM
(02-25-2023, 07:13 PM)BostonCard Wrote: In other news, Warner brothers discovery is looking to dump its regional networks.
https://www.wsj.com/articles/warner-bros...jem10point
Quote: The three regional sports networks were inherited by Warner Bros. Discovery Inc. when it acquired control of the WarnerMedia assets from AT&T Inc. T -0.57%decrease; red down pointing triangle The channels—which are still branded as AT&T SportsNet—serve teams in Pittsburgh, Houston, Colorado and Utah—and carry baseball, basketball and hockey.
In a letter sent Friday from the unit’s president Patrick Crumb—a copy of which was reviewed by The Wall Street Journal—teams were warned that “the business will not have sufficient cash to pay the upcoming rights fees,” people familiar with the letter said. The teams were also told that Warner Bros. Discovery “will not fund our shortfalls,” they said.
BC
probably similar info but not behind a paywall
https://www.sportsbusinessjournal.com/Da...-news.aspx
Eric
"the older we get the better we were"