Author Topic: Sinclair/Diamond Sports bankruptcy watch  (Read 892 times)

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Offline nfotiu

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  • Juan Soto aka Human Wildcat
Re: Sinclair/Diamond Sports bankruptcy watch
« Reply #25: February 05, 2021, 11:41:58 AM »
https://fortune.com/2020/09/21/cord-cutting-record-covid-19-pandemic/

Cord cutting has to be decimating the RSN monies coming in. I don't know if MLB.tv is making up the difference?
mlb.tv is at most about $200 million in revenue.  But probably quite a bit less than that as the estimate in this article is based on app downloads.  https://awfulannouncing.com/mlb/refunds-for-mlb-tv-will-reportedly-exceed-200-million-this-year.html

That's only 2/3s of the Dodgers TV deal alone.

There's a day of reckoning coming for sure.   If Sinclair doesn't make a lot of moves in carriage agreements, I doubt they'll last two months into the baseball season.    They may scrape their way through another year or two, but there is no path forward for these RSNs to continue to pay these contracts while losing subscribers.