Connect with us
BSM Summit
blank

Sports TV News

Disney to Sell Off Fox Regionals Individually

It is still possible that the giants Disney was anticipating seeing in round one come in for round 2 of bidding.

blank

Published

on

blank

According to a report by Josh Kosman and Richard Morgan in Thje New York Post, the Walt Disney Company was not pleased with the initial round of bidding for the 22 regional networks it acquired from 21st Century Fox. The company does not believe it can make the $20 billion it was hoping to by selling off all of the networks as a single unit. It will instead look to sell them off one-by-one.

Disney was reportedly anticipating broadcast companies to be the primary players for the networks. Instead, what it saw was “a low ball bid” from Sinclair Broadcasting, Nextstar enter a bid that “is not seen as a serious,” and more private equity firms than television companies throw their hats in the ring.

JPMorgan Chase and Allen & Co, the two banks overseeing the sale, are using interest in individual networks to generate some sales. Charter Communications, which already owns SportsNet LA, is reportedly interested in Sports South, which is the home of the Atlanta Braves and Hawks. Minnesota Twins owner Jim Polhad is reportedly interested in acquiring FS North, which has the rights to the Twins, Timberwolves, and Wild. 

Kosman and Morgan spoke to a “RSN expert” for their piece that described the trepidation as the result of cord cutting. 

“The RSN business is not a growth business, but a declining business,” an RSN expert told The Post. “There are a lot of subscriber defections [along with the rest of cable] and the RSNs do not own the digital rights.”

It is still possible that the giants Disney was anticipating seeing in round one come in for round 2 of bidding. Fox and Comcast have been rumored to be interested and now that word is out that they may not have to spend top dollar, it stands to reason that those companies could reassess their desire to be involved in the bidding.

Sports TV News

Al Michaels: Condensed Prep Time For Thursday Night Football ‘A Downside’

“It’s not that they don’t want to be with us, but they’re condensed too, so there’s less time to give to us.”

blank

Published

on

blank

There were bound to be unexpected hiccups and unintended consequences as Al Michaels moved to Thursday Night Football with Amazon Prime Video.

He told The Boston Globe Thursday that one of the downsides of the week’s schedule is less prep time with the teams playing in the game.

“When we go to see the teams, it’s not that they don’t want to be with us, but they’re condensed too, so there’s less time to give to us,” Michaels said. “And all the time I’ve been doing this, I’ve built some great relationships with coaches and players and GMs and owners and you name it, and I don’t get that much time to spend with them anymore. That’s a downside part of it for me. Some of the best stories you get come from those relationships.”

Michaels has raised eyebrows this season while not being shy about his disdain for some poor matchups early in the schedule. However, he now understands that there are quality games as the season approaches its close.

“The schedule was a little leaky with the Carolina-Atlanta game and a couple of other games that we’ve had, but now we’re positioned for a nice run down the stretch,” said Michaels.

The 78-year-old was also asked how he remains energetic and passionate for the job he’s held for so long.

The games are exciting. I love sports. You don’t know what’s going to happen. There’s no script. And unscripted television is the greatest.”

Continue Reading

Sports TV News

Jimmy Pitaro: Reaching Younger Audience A Priority for ESPN

“The thing that keeps me up at night is how do we reach the younger audience. As an industry in general, we need to figure out how to be more relevant to younger people.”

blank

Published

on

blank

Many in the media industry have voice concern that millennials and Gen Z aren’t consuming traditional media outlets like previous generations. ESPN President Jimmy Pitaro said it’s a priority for the network.

“The thing that keeps me up at night is how do we reach the younger audience,” Pitaro said, quoted by Morning Consult sports business reporter Mark J. Burns. “As an industry in general, we need to figure out how to be more relevant to younger people.”

Pitaro made the comments at Sports Business Journal’s Media Innovators conference Wednesday. It is a continuation of comments he has made in recent years.

In 2018, Pitaro said at ESPN’s upfront “I think we are doing a fantastic job serving the sports fanatic,” said Pitaro. “What about the casual sports customer? Are we doing all we can to serve him or her?”.

In 2019, Pitaro said it was “all hands on deck” to reach a younger audience and women. “We have to be open and go to where our customers are,” he said in regards to reaching younger viewers on social media platforms like Instagram, Snapchat, and TikTok.

Earlier this year, Pitaro added that ESPN won’t be leaving linear television anytime soon.

“What I will tell you is that as I sit here right now, that business is still incredible,” Pitaro said. “We serve the sports fan anyway and at any time. I know there are a lot of people that still want ESPN in that traditional ecosystem.”

Continue Reading

Sports TV News

Don Mattingly Joining Blue Jays Staff After YES Network Courtship

The former Dodgers and Marlins manager had been mentioned as a someone YES Network was interested in potentially hiring to be an analyst.

Jordan Bondurant

Published

on

YES Network

The New York Yankees regional sports network can take Don Mattingly off its talent wish list. Mattingly was announced Wednesday as a bench coach for the Toronto Blue Jays starting in 2023.

The former Dodgers and Marlins manager had been mentioned as a someone YES Network was interested in potentially hiring to be an analyst.

But Mattingly told Andrew Marchand of The New York Post this week that he had another opportunity in the works but wouldn’t elaborate.

YES also has been considering luring Yankees legend and Hall of Famer Derek Jeter into broadcasting. But no formal talks have taken place.

Continue Reading
Advertisement blank
Advertisement blank

Barrett Media Writers

Copyright © 2022 Barrett Media.