Last year on the Ezra Klein Show podcast, Ezra talked to an economist about the post-pandemic economy. She said that the economy entered into a phase since the 2008 recession where interest rates were below the rate of inflation meaning a government or corporation could take out a loan and come out ahead when they paid it off. That led to an economy of abundance and a cushion against bad decisions. That changed when interest rates shot up last year (or maybe in 2021) but corporate leaders haven’t changed their thinking to a new scarcity.
So the current economic climate is one of many disruptions. What we’re seeing here are disruptions in the sports business and the media business and there’s going to be a period of chaos until corporate leadership figures out what to do when access to easy money is gone. The decisions teams and leagues make are going to be reactive and are going to be based on staying alive and not maximizing revenue. On Mon, Feb 27, 2023 at 9:23 AM Adam Bowie <[email protected]> wrote: > The Feb 23rd episode of The Town podcast with Matt Belloni is worth a > listen for a deep dive into this. > > I come away wondering how on earth Disney managed to get as much as it did > when it was forced to sell the Fox regional sports networks as part of > their deal to take over other Fox assets. The writing has surely been on > the wall for the regional sports business model for quite some time. And > apart from the biggest teams (or at least those with the biggest fanbases), > I can't see how going direct to fans will make up the difference. Getting > one fan to pay $20 a month to subscribe is very different to getting $1 > each from 20 cable subscribers as part of their cable package, 19 of whom > never go near the channel, but pay for it anyway. > > > Adam > > On Mon, Feb 27, 2023 at 2:16 PM Tom Wolper <[email protected]> wrote: > >> I read an interview with Pirates owner Bob Nutting yesterday. He said >> they’ve known about the AT&T Sportsnet problems for about 18 months so they >> weren’t surprised at the announcement. >> >> On Sat, Feb 25, 2023 at 8:58 AM 'Bob Jersey' via TVorNotTV < >> [email protected]> wrote: >> >>> AT&T-SN is now planning to liquidate itself, after the teams (a few of >>> which hold majorities in their respective ventures) buy back their shares. >>> >>> >>> https://theathletic.com/4250267/2023/02/24/warner-bros-discovery-exits-rsn/ >>> (link, >>> tho ultimately from the WSJ with help from John Ourand of Sports Business >>> Journal) >>> >>> B >>> >>> Tom Wolper, Feb 16th, in part: >>> >>> The reason DSG gives for their financial woes is the drop in revenue due >>> to cord cutting. Apparently AT&T Sports Networks are going through similar >>> problems as they paid baseball teams less than they were owed recently. >>> >>> -- >>> You received this message because you are subscribed to the Google >>> Groups "TVorNotTV" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> To view this discussion on the web visit >>> https://groups.google.com/d/msgid/tvornottv/68eb1b73-749c-4410-b796-3b2c940a2c53n%40googlegroups.com >>> <https://groups.google.com/d/msgid/tvornottv/68eb1b73-749c-4410-b796-3b2c940a2c53n%40googlegroups.com?utm_medium=email&utm_source=footer> >>> . >>> >> -- >> You received this message because you are subscribed to the Google Groups >> "TVorNotTV" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> > To view this discussion on the web visit >> https://groups.google.com/d/msgid/tvornottv/CAJE-FiGnHoWUTb9E3RgnbnmPOxRfepwE%2BDvpT4eM%2BE3vcPfxjw%40mail.gmail.com >> <https://groups.google.com/d/msgid/tvornottv/CAJE-FiGnHoWUTb9E3RgnbnmPOxRfepwE%2BDvpT4eM%2BE3vcPfxjw%40mail.gmail.com?utm_medium=email&utm_source=footer> >> . >> > -- > You received this message because you are subscribed to the Google Groups > "TVorNotTV" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/tvornottv/CAD_sJGBk7Fz9f58F6K0J-7Y4Q%2BHhMq%3D8QptN4cCp39GXP2Jx9A%40mail.gmail.com > <https://groups.google.com/d/msgid/tvornottv/CAD_sJGBk7Fz9f58F6K0J-7Y4Q%2BHhMq%3D8QptN4cCp39GXP2Jx9A%40mail.gmail.com?utm_medium=email&utm_source=footer> > . > -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/tvornottv/CAJE-FiG1FHWGztxb5dmoNcpqWEjY28wW1jjqOs1sQERvi4sS9g%40mail.gmail.com.
