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re: SEC TV Deal
Posted on 2/16/23 at 6:51 pm to cyarrr
Posted on 2/16/23 at 6:51 pm to cyarrr
Yall are all arguing about the wrong thing.
ESPN has so many bad contracts with NFL, NBA, NHL, NBA, others.... where they are obligated to pay out billions that they simply can't pay because their revenue can't cover it. So many bad contracts. Disney is keeping them afloat. As an independent company, ESPN is bankrupt.
Don't get your hopes up for improved production quality.
It's more likely ESPN gets sold to something like Amazon Prime to become an exclusive streaming service, and even then, may not be able to honor all of their existing contracts and still goes through a bankruptcy situation.
This isn't about SEC vs Big 10 or any of that. ESPN is simply locked into too many contracts they can't pay.
ESPN has so many bad contracts with NFL, NBA, NHL, NBA, others.... where they are obligated to pay out billions that they simply can't pay because their revenue can't cover it. So many bad contracts. Disney is keeping them afloat. As an independent company, ESPN is bankrupt.
Don't get your hopes up for improved production quality.
It's more likely ESPN gets sold to something like Amazon Prime to become an exclusive streaming service, and even then, may not be able to honor all of their existing contracts and still goes through a bankruptcy situation.
This isn't about SEC vs Big 10 or any of that. ESPN is simply locked into too many contracts they can't pay.
1
Posted on 2/16/23 at 6:53 pm to deeprig9
For real? They’re actually underwater on their contracts with these leagues?
Couldn’t happen to a finer corporation.
Couldn’t happen to a finer corporation.
Posted on 2/16/23 at 7:06 pm to BuckI
quote:
The B1G will draw viewers from the northeast, midwest, and west. That is 165,000,000 in footprint population which is around 61% of the population. This doesn't even count the additions to that footprint when the B1G adds southern teams, Which will happen.
What you are missing is that streaming requires active viewership, not passive which terrestrial does. If they have to choose to pay for it, then they have to care enough to want to track it down and pay for it. I think companies will learn pretty quick what the real numbers will be, regardless of population numbers.
Posted on 2/16/23 at 8:03 pm to Radio Zero
quote:
For real? They’re actually underwater on their contracts with these leagues?
All media rights deals, regardless of the sport, are overvalued. Media companies have continued to pay more and more for these rights because sports are guaranteed to attract viewers and advertisers. In an era of plummeting ratings, even moderately viewed games can provide a boost to a network’s overall ratings, and impact advertising rates.
Networks can also promote their other programming and entertainment options during the broadcasts.
ESPN is at a disadvantage compared to other networks and streaming companies. They don’t have anything worth viewing outside of live broadcasts of games. Their other programming options attract a tiny audience, and the demographics aren’t attractive to advertisers.
So ESPN is stuck in an endless cycle. They have to keep paying more and more in rights in order to provide programming that attracts viewers.
Just a few years ago these media rights were significantly cheaper, and ESPN’s revenue was heavily aided by cable and satellite subscribers. Cord cutting has negatively impacted ESPN more than any other cable channel. Plummeting revenue from cable subscribers coincided with increases in the amount they were paying for rights to broadcast games.
Posted on 2/16/23 at 8:20 pm to GeauxTigers1983
CBS could not afford what ABC/ESPN is going-to pay for the new rights.
The SEC footprint is growing while the B1G footprint was shrinking prior to absorbing the L.A. market with UCLA and SoCal.
Southern states' populations will grow by 25% or more during the life of this next new contract.
I'll miss "The SEC on CBS" music intro .... but we'll get over it. They were not equitable partners given the huge ratings the SEC pulls for their home games, for the ranked games, even for the home OoC games, (which were major ratings wins for ESPN and even ABC when they got SEC vs ACC year-end rivalry games in Clemson, Athens, Louisville and Tallahassee. The difference in ratings, compared-to what they were used-to, is staggering.).
The SEC will win the revenue game verses the new B1G in the long run. And this next contract will be flexible and fluid vs a long term set-in-stone deal. (Ratings based ... which is how most ad packages work.)
The SEC Network is where the conference will excel and exceed all current revenue norms and expectations in coming years. Twice as many fans will demand access-to the SEC Network within four years from now ... and plenty of those demands will be coming-from so-called "B1G Country" because true college football fans, especially the betting public, want access to our games from anywhere in the country ... so every state's (cable providers) will provide access.
A piece of every home providing a sports cable package will go in our pockets come payout day during the meetings in Florida each year.
The SEC footprint is growing while the B1G footprint was shrinking prior to absorbing the L.A. market with UCLA and SoCal.
Southern states' populations will grow by 25% or more during the life of this next new contract.
I'll miss "The SEC on CBS" music intro .... but we'll get over it. They were not equitable partners given the huge ratings the SEC pulls for their home games, for the ranked games, even for the home OoC games, (which were major ratings wins for ESPN and even ABC when they got SEC vs ACC year-end rivalry games in Clemson, Athens, Louisville and Tallahassee. The difference in ratings, compared-to what they were used-to, is staggering.).
The SEC will win the revenue game verses the new B1G in the long run. And this next contract will be flexible and fluid vs a long term set-in-stone deal. (Ratings based ... which is how most ad packages work.)
The SEC Network is where the conference will excel and exceed all current revenue norms and expectations in coming years. Twice as many fans will demand access-to the SEC Network within four years from now ... and plenty of those demands will be coming-from so-called "B1G Country" because true college football fans, especially the betting public, want access to our games from anywhere in the country ... so every state's (cable providers) will provide access.
A piece of every home providing a sports cable package will go in our pockets come payout day during the meetings in Florida each year.
This post was edited on 2/16/23 at 11:41 pm
Posted on 2/16/23 at 11:32 pm to BuckI
quote:
The cable model forces the ESPN family of networks on customers whether they want it or not.
That will no longer be the case when customers convert to the streaming model which will allow customers to only buy what they want to watch.
While still a long way to go here, this much is correct. It appears to be the future.
quote:
With the SEC being a regional model, their subscribers will be limited to one region of the country, making for a much smaller subscription rate with fewer people watching.
The B1G being a national conference from the Atlantic to the Pacific will have a much larger subscription rate meaning more viewers.
This is where the argument falls apart. It will come down to
1. which teams have the most rabid fan base and
2. Who draws national interest from those without a dog in the fight
If I'm on the west coast am I more likely to stream a Bama game or a Maryland Terrapins game?
Streaming will ultimately be a pure measure of demand, but as I say, we're not there yet.
Posted on 2/16/23 at 11:39 pm to CelticTiger
quote:
This is where the argument falls apart. It will come down to
1. which teams have the most rabid fan base and
2. Who draws national interest from those without a dog in the fight
If I'm on the west coast am I more likely to stream a Bama game or a Maryland Terrapins game?
Streaming will ultimately be a pure measure of demand, but as I say, we're not there yet.
Exxxxactly ... well stated. Better than I typed-it.
My only exception is that packages, streaming packages, will still be, soon be, the norm. So YouTubeTV will still dominate, Sling TV is catching-up, Hulu is trying-to become a total streaming package and Apple TV is making a push .... all of those will be streaming and all of those will include SECNetwork and SECN+ in their sports packages.
Posted on 2/17/23 at 12:35 am to Cheese Grits
quote:
I worked in Jupiter Those cats can buy all of us
Palm Beach is much wealthier than Jupiter. Jupiter is no man’s land.
Posted on 2/17/23 at 1:07 am to ClassicCityAlum
quote:
Palm Beach is much wealthier than Jupiter. Jupiter is no man’s land.
bullshite ... wanna know how I know?
Because I own a home in Jupiter - bought it to be near my youngest daughter when I'm down there.
Jupiter is ultra wealthy and becoming more-so every day. Is Palm Beach wealthier, yes, for the time being but it's changing fast.
Is Jupiter a No Man's Land? WTF does that even mean? All The Trumps have places there, as do many other celebrities, athletes, musicians. Jupiter has a nicer down town than Palm Beach imho ... which is why we went with a place within walking distance of downtown but the marina area, the beaches, the restaurants ... either you've lost your frickin' mind or you've never been off Loxahatchee.
Posted on 2/17/23 at 8:11 am to ClassicCityAlum
quote:
Palm Beach is much wealthier than Jupiter.
I have worked for all kinds of rich folks in my life and Palm Beach has some wealthy folks, not doubt, but Jupiter had the really wealthy but really quiet folks. Like Indian Creek back in the day. Indian Creek was like the Forbes 50 as they only had 12 to 24 lots and a golf course. Only one bridge too get on or off and full time security. Woolworth's and Harriman's called it their summer "cottages"!
Then in the 80 the crazy sheik with the cats, one of the Gibb brothers, and other new money got in there.
Payson's (Vanderbilt and Whitneys in that line) was up at Jupiter instead. They are the real money the new flash wishes they had. Have not been to Jupiter in at least a decade but that was the Florida place to be for quiet billionaires.
Miami still has money but they let them build all the high rises down on North Beach and crapped up Bal Harbor big time. Coops kept it small and nice, high rise condos crapped it up. If you have a wealthy area and you get rid of the amenities the wealthy no longer want to live there. They filled in the boat club and built a high rise. They built over the old tennis facilities. They built on the park. Trump got the old mob carpet joints in Hollywood (the original Las Vegas) and put up cheap condos that are falling apart after about 20 years.
When Mrs Tuttle still owned most of Maimi my family member could ride up and down the original beaches with nothing but trees and maybe 2 houses passed on the whole ride. When they developed it in the late 1800's and early 1900's it was all about small winter places that were simple and understated. Now it is ostentatious crap that is shoddily built. This "greed is good" thing that started in the 80's is the downfall of this country.
Posted on 2/17/23 at 8:18 am to GeorgeWest
quote:
The production quality of ABC games is superior, IMO, to CBS. Better announcers too.
What. Not in any form or fashion.
Posted on 2/17/23 at 8:37 am to scrooster
quote:
My only exception is that packages, streaming packages, will still be, soon be, the norm. So YouTubeTV will still dominate, Sling TV is catching-up, Hulu is trying-to become a total streaming package and Apple TV is making a push .... all of those will be streaming and all of those will include SECNetwork and SECN+ in their sports packages
Maybe I am the slow coach here, but I went from a cable company to YouTube
SEC still makes the product
ESPN still produces the product
Cable company is still my backbone (say Comcast)
Only think that changed was say ComCast to You Tube as my receiver
I paid cable for a bundle of product
I pay You Tube for a bundle of product
Comcast paid ESPN for their bundle
YouTube pays ESPN for their bundle (but I lost the SECN Alt channels)
I did not get rid of Cable (I still pay for the wire). I still use Ethernet (tho upgrading) because speeds will always be better than non hard line transmission. So how is ESPN losing money? Disney is losing money because they took some of the most valuable entertainment franchises and over marketed them for the quick cash. You could do Disney for for for about 1K and now it costs 10K, screw Disney gouging the middle class.
quote:
YouTubeTV will still dominate
I am an old school American and believe Game Theory free markets are what we used to have and the way we use Capitalism today (in the positive light) glosses over the negative. The USA of 100 years ago was geared to the middle class. Now we are in the age of corporate welfare but call it capitalism in the mainstream media.
We have unregulated monopolies and dark private equity creating a new monarchy under the very noses of the descendants who fled the European monarchies. We are allowing it to happen by letting the far left and far right soak up all the media air the moderates (and vast majority of the USA) once held dear as the bastion and bulwark from the rest of the world.
US Government needs to break up the modern monopolies
Amazon
To name a few and stop letting the taxpayers fund private equity and return company ownership to the middle class.
Posted on 2/17/23 at 10:21 am to lsu777
yup..but don't gush too much ..sec has always been on espn..the #2 sec game has always been espn 6pm Saturday night...and when cbs fd it up with a sorry azz pick for their 230 game...espn s was ipso facto 1...but yes if sec is on ABC as well great too
Posted on 2/21/23 at 6:47 pm to scrooster
quote:
Jupiter has a nicer down town than Palm Beach imho
You think fricking Abacoa is nicer than Worth Avenue?
You’re a fricking Poor. Btw, Donald lives in PB and he’s not even close to the wealthiest person.
Most expensive home in Jupiter right now is listed for $30M.
The most expensive home in Palm Beach is listed for $210M.
Checkmate.
Jupiter is a small fishing village up in No Man’s Land. Palm Beach is basically the Monaco of the U.S., but far richer.
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