TexasTerror
May 27th, 2014, 11:08 AM
This impacts Southland Conference hoops and football to some degree since CSN Houston currently carries some of the Southland action. Would be curious to see if that would get impacted if some group were to take the rights of the Astros & Rockets off of CSN Houston.
Here's the latest...
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At least three companies have expressed interest in picking up the Houston Astros’ and Rockets’ local TV rights from CSN Houston, the troubled regional sports network that filed for bankruptcy protection last September.
According to several sources, NBC Sports Group, AT&T and Fox Sports have talked with network executives about obtaining the teams’ local rights as a way to fix the problems with the RSN, which has not been able to get meaningful carriage since its launch in October 2012. The media companies’ initial offers place the value of the rights for both teams at $80 million per year, the sources said. That amount is considerably less than the $100 million the teams had been due to receive this year.
Over the course of the original 20-year deal ending in 2032, the rights fee for the Astros and Rockets combined averages close to $150 million per year.
Full Story (http://www.sportsbusinessdaily.com/Journal/Issues/2014/05/26/Media/Houston-rights.aspx)
Here's the latest...
===
At least three companies have expressed interest in picking up the Houston Astros’ and Rockets’ local TV rights from CSN Houston, the troubled regional sports network that filed for bankruptcy protection last September.
According to several sources, NBC Sports Group, AT&T and Fox Sports have talked with network executives about obtaining the teams’ local rights as a way to fix the problems with the RSN, which has not been able to get meaningful carriage since its launch in October 2012. The media companies’ initial offers place the value of the rights for both teams at $80 million per year, the sources said. That amount is considerably less than the $100 million the teams had been due to receive this year.
Over the course of the original 20-year deal ending in 2032, the rights fee for the Astros and Rockets combined averages close to $150 million per year.
Full Story (http://www.sportsbusinessdaily.com/Journal/Issues/2014/05/26/Media/Houston-rights.aspx)