re: SEC Network, the thread

this is from a Barner on Scout LINK

quote:

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Here are some assumptions I'm making:
Cable households per state are based on 2012 TVB.org statistics. (I believe these numbers are low, but they are the best I could find this morning.)
There will ultimately be 85% carriage on all cable/satellite households. (As reference, ESPNU has 75 million households and I'm projecting the SEC Network to be at 60 million households.)
Assume the SEC and ESPN split the revenue 50/50 - and then the SEC divides the revenue 15 ways (14 for each school and one share for the SEC office.)

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Pretty important to note that this is based on 60m subscribers and we're already at ~20m. But just as important, he's also leaving out advertising and costs.

The BTN gets about $30m in advertising and generates $280m. They have a cost basis of approximately $80m. I think the SECN will have a higher cost structure (just due to higher quality production by ESPN). So if we assume $100m that leaves about $310m in profit (adding the 30m ad revenue) and split 50/50 it's about $11m per school.