Going back to the past suddenly looks like the future for professional sports teams.
How many fans would have to buy a $20/month package to equal $60 million/year in local TV revenue?
"We are continuing to broadcast games and are operating our business as usual.”
"I just don't believe that there will be a time when I turn my television on and the Penguins and Pirates won't be on."
“I don’t see any chance we’re going to lose the broadcast. I just don’t think that’s realistic."
Once streaming became more prevalent, it was only natural that the regional sports network model was going to collapse.
The NBA and its teams "felt that the quality of the telecasts suffered when announcers called games remotely".
The Post reports Diamond Sports pays $450 million in interest payments on its bet, which is more than double its annual revenue from the networks.
On-screen graphics and gimmicks add to the viewing experience, acting essentially as a reference -- or reward -- for watching the team every night.
"Only four teams with available data (the Kings, Wild, Panthers, and Red Wings) saw ratings growth in 2021-22."