Get ready for a higher cable bill.
That was one of many takeaways from yesterday’s news that the Dodgers and Time Warner Cable are on the verge of striking a local-cable rights pact that could be in the neighborhood of $8 billion.
Under the deal, colleague Tom Hoffarth reports, “TWC would be the anchor of this new Dodger channel and provide plenty of cross promotion with its own TWC SportsNet and Deportes channels created specifically for the Lakers. But as TWC found out, there was plenty of pushback from distributors when it launched its two-channel package in October leading up to the start of the Lakers season – mostly because of the high-end $3.95 price tag per subscriber per month. DirecTV, for example, didn’t get on board with it until the middle of November. Dish Network has yet to sign on.”
Even if you don’t care for the Lakers, you probably know someone who does and had to sweat through the TWC SportsNet launch last fall. If that was you, are you ready for the same song-and-dance with the Dodgers next year?
Would you rather see the $8 billion price tag come down? Or are you happy that your owners might turn an approximate $6 billion profit less than one year after buying the team, knowing that might mean more flexibility to add payroll and upgrade Dodger Stadium?
Onto the links: