I thought these regional sports networks were licenses to print money, but not in Houston:
http://www.fangraphs.com/blogs/astros-regional-sports-network-awash-in-losses-and-lawsuits/
It seems that the main problem is that non-Comcast carriers have balked at the fee:
I have the same question asked in the article: is this a cautionary tale, or just peculiar to the Houston market?
http://www.fangraphs.com/blogs/astros-regional-sports-network-awash-in-losses-and-lawsuits/
It seems that the main problem is that non-Comcast carriers have balked at the fee:
There are several factors contributing to CSN Houston’s bleak financial situation, but biggest is the network’s inability to reach agreement on carriage fees with the non-Comcast cable and satellite operators in the viewing area. AT&T-Uverse, Time Warner Cable and DISH Network have, thus far, refused to pay the $3.40 per-subscriber-per-month fee that CSN Houston demanded to carry the network.
I have the same question asked in the article: is this a cautionary tale, or just peculiar to the Houston market?