(04-13-2018 07:49 AM)quo vadis Wrote: Analysts say that of the $52B Disney is paying for the FOX properties, about $22B is for those regional sports networks. They carry a LOT of content, and could help bolster ESPN content and streaming moves.
I'm guessing we overestimate that. Those streaming rights are already spoken for, either through the leagues or through the existing contracts between the franchises and the RSNs. I highly doubt that this deal will suddenly allow ESPN to put Cincinatti Reds games on an app because ESPN is now under the same roof as (Fox) Sports Ohio. MLB already has a national app. And ESPN putting Reds games on a zipcode-locked part of the app would be governed by the contracts that the Reds already have with FSO. Rinse, lather and repeat across the landscape.
(04-13-2018 07:56 AM)ken d Wrote: So, potentially Fox Sports would free up assets now devoted to pro sports, which they could now use to expand coverage of college sports. Would that be a correct reading of this?
Um, what?
I guess you're looking at the Fox Sports empire as a lot more centralized than it actually is. The money MASN pays the Washington NAtionals for their games isn't primarily from MASN's corporate parent, it's primarily from projected subscriber and advertising revenues. If Fox' share of MASN transfers from Fox to Disney, that doesn't free up a pot of money for Fox to use somewhere else. (I have no idea if Fox has a piece of MASN).
There are some synergies to having the RSNs attached to a national network, but the RSNs are very easy to detach from the rest of the holdings. (With the exception of the Big 12 contract, maybe).
(04-13-2018 09:05 AM)Attackcoog Wrote: Those FOX Regionals do deals with college sports. For instance, FOX SW carried a number of lower tier Big12 games. I wonder if those 3rd tier rights stay with those regional networks or remain with FOX.
Fox has tended to treat their regionals as sort-of a channel for college content. Big 12 is the most obvious (they signed their large Fox contract before FS1 was on the drawing board--at first it was all Big FOX and RSNs.) But some leftover Big East games trickle down to the RSNs, and very possibly some PAC-12 games for all I know.
That might be worked out in the main deal, or it might be left for the RSN management to work out with New Fox on a case-by-case basis. (I'm pretty sure that Fox would syndicate to a Comcast RSN and vice versa if there was an audience to justify it, so I expect ESPN RSNs to do the same)
(04-13-2018 11:05 AM)ken d Wrote: Do you think this signals that Fox intends to back away some from competition with ESPN for college sports? That wouldn't bode well for any conferences that have come to rely on megabucks from their media deals. No reason for ESPN to continue to bid high if Fox isn't pushing them to do so.
I think a bigger issue there is the decline of ESPN. With ESPN not being as attractive as it looked 5 years ago, losing a billion dollars to build FS1 into an ESPN semi-clone doesn't look as smart.
When ESPN was making a $7 billion profit or whatever, it made sense for Fox (and NBC sometimes) to bid up the prices of marquee events to build up FS1, and you get it back down the road when FS1 grows into an ESPN peer.
Quote:But if Fox wants to pursue more MLB and NHL, why would they now be selling off all they currently have?
LOcal and national are different. Whether the RSNs that show local MLB games are Fox-branded or ESPN-branded doesn't make much difference to Fox Sports (National).
As an example, say Fox bought 100% of YES. That doesn't give them the ability to run Yankee games on Big Fox every Sunday night. IT just doesn't work that way.
Quote:And why would ESPN be buying them if they thought Fox was going to turn around and compete with them for those same assets?
ESPN and Fox Sports are still going to compete, just like they have been.
Look at it this way--the deal is Disney buying all of the Fox properties that wouldn't trigger IMMEDIATE antitrust problems. Putting ESPN and Fox Sports 1, or ABC and Fox OTA, under the same roof is an obvious antitrust problem. Putting ESPN and YES under the same roof isn't.
Another way to look at it--New Fox is keeping only the cable TV assets that can do something for their OTA network, sports and news. National broadcast rights to MLB, Fox News--yes. Local broadcast rights, no.
(04-13-2018 12:16 PM)Attackcoog Wrote: I dont know if thats the case. My guess is that the Big12 deal is actually with FOX and Fox simply decided which deals will be on their primary platforms and the rest fell to their lower tier regional platforms. But thats just a guess.
I mostly agree with that guess. With the clause that, in the case of the Big 12 and Fox Sports Southwest, it's significant programming and not just cheap filler.
Quote: That said, if there were insufficient slots on FOX/FS1/FS2 to house that inventory before---then that same dynamic still exists. Thus, its very possible that rights for the overflow content was given to the Disney as part of the deal.
Games that Fox was providing to Fox Sports Southwest will continue to be on ESPN Sports Southwest, but ESPNSSW pays more than FSSW was paying. Is my guess.