Quote:
Originally Posted by greyshep
Funny. I have often held the belief that live sports programming is the only thing propping up cable TV providers. Thats how it is in my house at least. I would cut the cable if live sports wasnt on there.
I know there is other subscription alternatives out there for live sports now, but at the end of the day once I factor in the monthly costs for SN and TSN online subscriptions, I am close to what I am paying monthly for my Cable subscription anyways so I just keep my cable in place like a dummy maybe.
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There's truth to that. The problem for the sports networks is that the only people keeping cable or virtual bundles are sports fans and an older generation resistant to change and that's not enough to pay their sports contracts. Their revenue is tied to subscribers, not viewers, so they are losing 10-20% of their revenue every year now even if the core viewers are keeping their package.
Sports (especially the NHL and MLB) have been funded for years now by tens of millions of subscribers unknowingly paying $30/year to a team they don't watch.