WSJ News Exclusive | Warner Bros. Discovery Looks to Get Out of Regional Sports TV Business

Warner Bros. Discovery Inc.

is informing the professional-sports teams whose games are carried on three of its regional sports networks that it wishes to cease operating the channels and exit the business, according to people familiar with the matter.from AT&T Inc. The channels—which are still branded as AT&T SportsNet—serve teams in Pittsburgh, Houston, Colorado and Utah—and carry baseball, basketball and hockey.

Is this driven by more by decreased revenues or by out of control rights fees? Either way, is this the beginning of the end of up and to the right $$ in sports? ogilviej golfidant

This may be the thing that finally gets the small markets owners to demand true revenue sharing and a cap/floor system.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

David Zaslav wants you to know the Warner Bros. Discovery merger “is working”David Zaslav wants you to know the Warner Bros. Discovery merger 'is working' Disaster waiting to happen. HBO people want HBO, and Discovery people want whatever they call entertainment over there. In what sense?
แหล่ง: verge - 🏆 94. / 67 อ่านเพิ่มเติม »

Warner Bros Discovery earnings: CEO David Zaslav faces new challengesWarner Bros Discovery CEO David Zaslav faces complex challenges as a combined HBO Max-Discovery streamer preps to launch this spring and staffers fear more layoffs and cuts
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »