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Message
re: Astros TV issues...
Posted on 3/18/14 at 4:39 pm to StormTiger
Posted on 3/18/14 at 4:39 pm to StormTiger
quote:
Anyone out there that can give me a simple rundown of the situation.
Very simplified b/c it's confusing as hell (to me)...
Astros - Wanted to prevent the CH. 11 bankruptcy for CSN so the station could go under financially and the astros could reclaim their TV rights. That failed. Judge granted Ch. 11 which gives NBC/Comcast extra time to negotiate carraige arrangements without having to pony up for their current liabilities. jim Crane feels Drayton and NBC sold him a bullshite business plan which he is now suing them for.
NBC/CSN - SEVERELY overestimated the demand for a regional sports network in this area and overpriced their product to a point where carriers called their bluff. CSN held firm to their unreasonable price, despite general apathy from the viewers going without the channel, and are in bankruptcy as a result.
Rockets - Tad Brown and leslie Alexander made a bad business decision, and just want their prodcut back on the air as fast as possible. I don't think they care if that is through bankruptcy or other means, but they did side with Comcast in the bankruptcy hearing.
Viewers - fricked for a long time!!!
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