Quote:
Originally Posted by ISiddiqui
Good article. The other interesting thing is if there is a bundling bubble, as the article describes, it isn't just ESPN that is in trouble... its the sports leagues themselves. Who is going to buy the rights and for how much? A lot of the bidding wars for rights are because of cable carriage fees - networks like Fox are willing to overspend, so they can put sports on FS1 and then demand that cable companies put that on the basic tier so it can get all that cash.
I'd imagine that if the shakeout results in much less cable subscribers, that those rights deals would plummet in the next go around.
|
Yeah I posted the article before I finished and hadn't thought of that component either. Like they said, cutting Bill Simmons and his multi-million dollar salary loose is one thing...getting out of twenty year, multi-billion rights deals is a whole other.
Another bubble that could burst...college football coaching salaries.