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I'd assume they are getting advertisement & carrier revenue coming in still for those channels, during bankruptcy those kinds of things keep running, or else it just makes things worse. If Bally's is unwilling to keep it going the court will appoint someone/some group to keep it going so Bally's hole doesn't get worse. I wouldn't be surprised if the debt they took on for the RSNs is pulling them under, but I'd be shocked if they aren't even making back enough to cover operating costs. They have to be doing at least that.
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Feb 21, 2023 21:55
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https://twitter.com/AndrewMarchand/status/1628150131869589506
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Feb 21, 2023 22:59
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Pac-12 on Apple+? Big loving why? Waste of money even if it costs a nickle.
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Feb 22, 2023 03:54
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 is all that matters in college football.
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Feb 22, 2023 05:09
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soggybagel posted:So whats the worst case scenario if Ballys dies abruptly here? Obviously any team on the RSN will lose money. But then presumably they will cease broadcasting as well? Would the given league have to immediately step in? They already skipped a payment right? Fangraphs has the best piece on this Spoiler alert... Lockback's right: Lockback posted:I wouldn't be surprised if the debt they took on for the RSNs is pulling them under, but I'd be shocked if they aren't even making back enough to cover operating costs. They have to be doing at least that. quote:One thing that should give teams at least a small sliver of confidence: this bankruptcy has to do with debt service, not a catastrophic business failure. In 2021, DSG was profitable before interest payments, taxes, depreciation, and amortization – they recorded a positive EBITDA, as they say in finance. The same was true in 2020, and while we don’t yet have financial statements for full-year 2022, the group was profitable on an EBITDA basis for the first nine months of 2022. Sure, cord cutting and economic turbulence might have put a crimp in expected profits, but the books still balance – at least, if not for those pesky debt payments, which totaled $436 million in 2021 and $415 million in the first nine months of 2022. As to the mechanics of what happens next: quote:That doesn’t mean that the regional sports networks underpinning DSG are worthless. In fact, we’re likely to see how much they’re worth later this year. The bondholders who will own the company are high-yield/distressed debt experts, but they aren’t media companies. Prudential Financial (side note: “It was an insurance run, so I hit it to the Prudential Building” is one of my favorite baseball quotes of all time), Fidelity, and Mudrick Capital are among the chief bond holders. They’ll likely sell off the company after it emerges from bankruptcy and restructuring. Best answer is likely MLB taking its rights back, making MLB.TV+, going mostly over-the-air for the remainder of the season, and then selling rights at a discount (because of a carveout for streaming) next season. Most likely, IMO. is the restructured Diamond maintaining the rights and keeping status quo. Prudential, Fidelity, etc have far more than enough to keep the lights on and making them whole will be a part of whatever eventual sale happens. Paracaidas fucked around with this message at 05:46 on Feb 22, 2023 |
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Feb 22, 2023 05:41
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Robnoxious posted:Pac-12 on Apple+? A whole series of reasons that basically boil down to “nobody else wants them” and apple needs more live programming and will take what it can get for now
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Feb 22, 2023 05:57
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Paracaidas posted:
For baseball they'd need to move fast if they wanted a change, I think more likely they'd just keep things running as is for 2023, probably at a generally reduced operating cost but essentially the same. I don't see anyone wanting to dump the asset that quickly right now, you'd get pennies on the dollar even giving it back to the MLB. They'd be working out a deal (either in house with MLB or another buyer) with probably more likely a 2024 target. Basketball's timing is a little more interesting. That might see a change for next season, and I'd bet on the NBA owners being more aggressive, but it all depends.
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Feb 22, 2023 06:08
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DJExile posted:A whole series of reasons that basically boil down to “nobody else wants them” and apple needs more live programming and will take what it can get for now  Angels of Anaheim by way of Los Angeles, the Anaheim Ducks and the LA Kings.I guess the Big West and Mountain West on college side. But once USC and UCLA jump conferences, SoCal eyeballs will give zero fucks about the Pac-12. It's a bad deal on Apple's part from where I sit, but it ain't my money so 
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Feb 22, 2023 06:18
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DJExile posted:A whole series of reasons that basically boil down to “nobody else wants them” and apple needs more live programming and will take what it can get for now lmao regular cable broadcasts division 3 football. Someone probably wants the rights to what is still a power five conference containing schools with giant alumni bases. Apple is a way to get a better TV money than they're going to get just on regular cable. Lockback posted:For baseball they'd need to move fast if they wanted a change, I think more likely they'd just keep things running as is for 2023, probably at a generally reduced operating cost but essentially the same. I don't see anyone wanting to dump the asset that quickly right now, you'd get pennies on the dollar even giving it back to the MLB. They'd be working out a deal (either in house with MLB or another buyer) with probably more likely a 2024 target. The NBA apparently just renewed their streaming agreement with them four days ago: https://www.nexttv.com/news/bankruptcy-be-damned-nba-renews-bally-sports-plus-digital-deal Although yeah of course them going out of business would obviously change that. Rick fucked around with this message at 23:39 on Feb 22, 2023 |
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Feb 22, 2023 06:19
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I wonder if apple thinks they’ll get all the graduates of pac 12 schools to sign up? Like $7 a month or maybe an extra $20-$50 a year for pac 12 sports is pretty minuscule for the entertainment budget. Especially if your team and it’s rivals are the only thing you care about. Also, could apple buy the rights to individual teams if ballys dies? Could they buy the rights to the Miami heat, LA kings and St. Louis cardinals if they wanted? Or would it be pointless since they could only show them in their markets?
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Feb 22, 2023 08:51
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The American Dream posted:I wonder if apple thinks they’ll get all the graduates of pac 12 schools to sign up? the new MLS package is $80/season if you already subscribe to Apple+, and (because Apple+ is a global-enough platform) it allows anyone outside of existing MLS markets internationally to also pay and get the deal. I would pay as much for Pac-12 football alone, as I currently have zero legal way to do so and it's better than sailing the seas every week from an ease-of-use standpoint for my viewing habits.
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Feb 22, 2023 10:37
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Chris Vannini of the Athletic on the Apple TV deal for the pac 12, some excerpts: Streaming won’t save college football as we know it because it’s not saving TV posted:It doesn’t mean the league is about to fall apart or that it can’t still secure a good enough TV deal for the short-term future. It will probably be OK. But the Pac-12 may be the canary in the coal mine for college conferences outside what is becoming the Power 2 of the Big Ten and SEC.
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Feb 22, 2023 17:22
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All of that is generally right but lol at the old man "its so hard to swap browser tabs/apps compared to switching a channel"
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Feb 22, 2023 18:30
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There's a clear tier of streaming where my parents get it and will happily watch WVU sports on it (Youtube TV, Amazon Prime, Apple) and then there's everyone else. As long as you're in those top 3 I think you're fine from a relevancy/awareness level?
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Feb 22, 2023 19:07
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Frankly their biggest problem is that the conference spent over a decade torpedoing itself as a product and just hemorrhaging money while Larry Scott was commissioner. USC crashing from dynasty to also-ran definitely didn't help matters either. There's good programs left but by and large people are just going to watch them when they're playing an out-of-conference game on an actual TV network that a massive majority of people either still get or have easy access to at bars and restaurants and such.
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Feb 22, 2023 19:15
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in other news, whooboySports Media Watch posted:The NBA All-Star Game was an airball in the ratings, falling to easily its smallest audience on record.
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Feb 22, 2023 19:33
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DJExile posted:Chris Vannini of the Athletic on the Apple TV deal for the pac 12, some excerpts: ESPN lost the Big Ten but gained the SEC so I'm not sure what his point is in that regard?
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Feb 22, 2023 19:41
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Ace Jameson posted:ESPN lost the Big Ten but gained the SEC so I'm not sure what his point is in that regard? He's basically saying that just because ESPN lost the Big Ten that doesn't meant they're rushing to grab Pac-12 rights to replace them.
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Feb 22, 2023 19:44
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fast cars loose anus posted:All of that is generally right but lol at the old man "its so hard to swap browser tabs/apps compared to switching a channel" You laugh but that is a significant part of the battle for any streaming service (regardless of age of viewer): getting people to open the app.
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Feb 22, 2023 19:45
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DJExile posted:in other news, whooboy lol, I mean, the marketing was, "Hi, I'm Post Malone, and I'm here on behalf of the Utah tourism department!" Yeah, Utah has some mountains and poo poo, that's cool. So, basketball? No, let's talk about skiing with a guy who likes Pokemon instead. I like the NBA, I like seeing NBA players do stupid poo poo, and all star games are a guilty pleasure of mine, and I still skipped it. I guess Dame did a thing that was neat?
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Feb 22, 2023 19:49
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The American Dream posted:Also, could apple buy the rights to individual teams if ballys dies? Could they buy the rights to the Miami heat, LA kings and St. Louis cardinals if they wanted? Or would it be pointless since they could only show them in their markets? it's the latter, plus sports leagues are loathe to parcel out individual team rights as it impacts their valuation (and thus the league's valuation) if they don't fetch a decent return
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Feb 22, 2023 19:52
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How is MLB the top-rated all-star game with its lack of star power and fading mainstream interest, was there an Ohtani bump?
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Feb 22, 2023 19:55
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Mike_V posted:You laugh but that is a significant part of the battle for any streaming service (regardless of age of viewer): getting people to open the app. yeah this is why Netflix sends you both emails and app notifications about upcoming shows that you have to go into the app to clear. reminds me I need to turn that permission off, fucksake I'm lazy
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Feb 22, 2023 19:55
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Declan MacManus posted:it's the latter, plus sports leagues are loathe to parcel out individual team rights as it impacts their valuation (and thus the league's valuation) if they don't fetch a decent return  The NFL is the only American league that doesn't rely on individual teams to sell their local rights (and even the NFL does for preseason and nongame content). MLS was the next most restrictive, barring teams from deals that impeded blackout-free streaming (in service of their eventual Apple deal)
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Feb 22, 2023 19:56
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KICK BAMA KICK posted:How is MLB the top-rated all-star game with its lack of star power and fading mainstream interest, was there an Ohtani bump? I'd imagine a big part is that there's literally no competition to it as sporting events go. It's in the dead of summer with absolutely nothing else going on.
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Feb 22, 2023 19:57
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Paracaidas posted:
sports leagues don't parcel out individual teams to national services is what i meant
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Feb 22, 2023 19:58
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KICK BAMA KICK posted:How is MLB the top-rated all-star game with its lack of star power and fading mainstream interest, was there an Ohtani bump? Baseball as a semi individual sport means there isn't the mechanism to fully sandbag your effort in an all star game. The pitchers pitch hard, the batter's actually want to hit the ball and the fielders try to make a play. It's basically a real baseball game with very funny management. I haven't watched an NHL all star game but the nba and nfl games are a farce of a real sporting event.
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Feb 22, 2023 20:34
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KICK BAMA KICK posted:How is MLB the top-rated all-star game with its lack of star power and fading mainstream interest, was there an Ohtani bump? It helps that it kinda resembles an actual game. The NBA All-Star game (which was actually getting better recently) was basically just warm-up lines and shots. DJExile posted:I'd imagine a big part is that there's literally no competition to it as sporting events go. It's in the dead of summer with absolutely nothing else going on. That also really helps.
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Feb 22, 2023 20:36
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DJExile posted:I'd imagine a big part is that there's literally no competition to it as sporting events go. It's in the dead of summer with absolutely nothing else going on. Indeed. The days before and after the MLB ASG are notoriously the only days on the calendar without one of the big 4 sports playing.
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Feb 22, 2023 20:43
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DJExile posted:in other news, whooboy It's pretty trivial to just watch the best players do their thing these days, which just kinda kills the magic of all star games. Add in that the players are visibly not giving a poo poo and welp. My best idea is, thinking about this from the NFL's perspective, to just get more kids involved. Throw Nickelodeon at it, turn it into a family event so older players will bring their kids, and build a bunch of events off of that. Shlock works a lot better with kids.
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Feb 22, 2023 20:45
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Mahoning posted:Indeed. The days before and after the MLB ASG are notoriously the only days on the calendar without one of the big 4 sports playing. and unlike the nba, it was on broadcast now i remember how much of a shock to the system it was 20 years ago when the nba put a lot more important stuff on cable
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Feb 22, 2023 20:57
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Kalli posted:It's pretty trivial to just watch the best players do their thing these days, which just kinda kills the magic of all star games. Add in that the players are visibly not giving a poo poo and welp. The other upside is not playing a full-fat NFL game (with players unfamiliar with each other) means less risk of injuries. Ideally, that'd make for more participation?
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Feb 22, 2023 21:05
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DJExile posted:Frankly their biggest problem is that the conference spent over a decade torpedoing itself as a product and just hemorrhaging money while Larry Scott was commissioner. USC crashing from dynasty to also-ran definitely didn't help matters either. There's good programs left but by and large people are just going to watch them when they're playing an out-of-conference game on an actual TV network that a massive majority of people either still get or have easy access to at bars and restaurants and such. I mean if you actually look at the ratings, Pac-12 conference games do what they're supposed to do, which is beat most non-football (and nearly all G5 football) and do well in their markets in the ratings and generally own their late night slots. You're conflating the Pac 12 network doing poorly in the ratings with the conference doing poorly in the ratings. But at least part of why the Pac 12 Network does poorly is because the only time the popular teams are on the network is when they are playing Oregon State, Cal, Colorado and down year Arizona and the rest of the games go to Fox or ESPN (or sometimes CBS) where they do well. My guess is the ideal TV contract for the Pac 12--barring someone paying giant money for conference exclusivity (which we can both agree is not likely)--is they continue their arrangement of being able to sell their marketable games to the networks and get someone to give them money for the Pac-12 Network.
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Feb 22, 2023 22:55
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Bip Roberts posted:I haven't watched an NHL all star game but the nba and nfl games are a farce of a real sporting event. The NHL did something actually smart for their all-star game and realized that since no one's going to play a real game with contact and defence anyways, they play a 3-on-3 ruleset that encourages all rushes and scoring with minimal defence. Like if the NFL went 7-on-7 flag and was just QBs throwing bombs and dudes doing cool jukes all day. It's not the same game like baseball's but it's at least a fun facsimile that emphasizes the cool bits people want to watch and for the most part, the bits that players have fun with and can do without much risk. It's not perfect and people still half rear end it, but at least they are trying something different than pretending it's a real game obviously doesn't work.
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Feb 22, 2023 23:19
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fast cars loose anus posted:All of that is generally right but lol at the old man "its so hard to swap browser tabs/apps compared to switching a channel" Most people aren’t watching games on their laptop, they’re using Roku, or appletv. Swapping apps is kind of a pain in the rear end compared to switching channels on your TV. Close the app, flip over to the other app, wait for it to load, find the game you want, then wait for that to load. Plus finding which app each game is on, and do you even have a subscription to that? You’re definitely not flipping back and forth between apps during commercial breaks or anything. So I think there is some real worry that fans of certain conferences won’t watch other conference’s games if they’re on separate apps.
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Feb 23, 2023 00:25
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Now I'm picturing a dark future where I have one game streaming on apple TV and one game streaming on like a fire stick, another game streaming on a PS5, another one on a PS4, and something OTA.
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Feb 23, 2023 01:20
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Feb 23, 2023 01:30
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pseudodragon posted:The NHL did something actually smart for their all-star game and realized that since no one's going to play a real game with contact and defence anyways, they play a 3-on-3 ruleset that encourages all rushes and scoring with minimal defence. Like if the NFL went 7-on-7 flag and was just QBs throwing bombs and dudes doing cool jukes all day. Yeah I think there should be a 3 on 3 tournament but with NBA Scoring rules. Give the top team 500k and 500k to charity or someshit.
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Feb 23, 2023 17:26
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Bird in a Blender posted:Most people aren’t watching games on their laptop, they’re using Roku, or appletv. And on smart tv's with their built in apps on incredibly underpowered systems so you have glacial speed switching between the built in Peacock app and some other app on the tv...the user experience does suck rear end.
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Feb 23, 2023 19:02
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Ace Jameson posted:ESPN lost the Big Ten but gained the SEC so I'm not sure what his point is in that regard? It ultimately doesn't matter, but I think they lost more content on the Big 10 side than they gained on the SEC side. They already had almost all of the SEC.
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Feb 23, 2023 19:11
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