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No offense my friend, but let me know when the Iron Bowl gets bumped to FS1This from Hornsports.
n case anyone is interested, the SEC spring meetings are this coming week. For whatever reason, the conference has decided not to announce the conference distribution numbers at the spring meeting. They will instead be released in October, at the end of the conference's fiscal year.
I am convinced the reason for this change is that SECN numbers are falling far short of projections and the conference wants to hide the embarrassment of the struggling financial situation of SECN by releasing the info during the football season when they can say "But look at how well the teams are performing on the field. Next year, we project HUGE numbers." Remember that when SECN was launched, the projections were for $1.40 inside the SEC footprint and $0.25 outside the footprint. I, among many others, pointed out there was no way aggy in the SEC could entice cable providers to pay $1.40 for the Texas market. 8 million Texas households at $1.40/mo would translate into $135 million per year. There is no way in hell that much was going to be paid for crappy SEC OOC games padded with compelling programming such as Redneck Spelling Bee or Collegiate Bass Fishing.
According to Disney's federal securities filings, last year SECN pulled in just over $400 million in subscriber fees. Assuming the 47 million out of footprint number and $0.25 per was correct, that means the out of footprint revenue was roughly $140 million. That means the SEC footprint revenue was roughly $260 million. Using Clay Travis' numbers of 28 million subscribers in the SEC footprint, allowing for the price Travis claimed for out of footprint and using Disney's federal filings as total subscriber income, it looks as is last year SECN was paid about $0.77 per subscriber in the SEC footprint, or about half the rate they were asking for. Considering the cable providers in the heart of the SEC would be very much willing to pay the full asking price, it seems the price paid for SECN in the Texas footprint was probably, at best, one-third of what ESPN/Disney was asking.
According to Disney's most recent federal securities filings, the SECN subscriber revenue is off slightly, due to cord cutting. Ad revenues may have been optimized slightly to make up for the loss of subscriber revenue, but at best, total revenue will be flat. My projection for SECN revenue this year is around $7 million/school, or about the same as what West Virginia is getting for their T3 deal.
No one waits to release good news. The SEC is waiting to release the financial performance of SECN. You do the math.
By the way, projections have LHN breaking even this year. Between the three components of the LHN contract, the LHN minimum guarantee is right at $43.5 million.
I didnt research this...Randolf Duke did....good stuff
Gus Johnson is the most exciting announcer in sport!No offense my friend, but let me know when the Iron Bowl gets bumped to FS1
Just disgraceful
I have come to believe that UT, Tech, TCU, OU and Ok St. will all leave the Big 12 and go elsewhere in 4 or 5 years.
I think UT, Tech, TCU and BYU end up in the PAC 16 and form the PAC WEST Div along with Utah, Colorado and the AZ schools.
OU and OK. ST go to the Big 16. UT keeps it's yearly game against OU. Kansas goes to the ACC along with ND. Baylor, K ST. and Iowa ST. get left behind.
Apparently the way it works was that ABC got first pick and went with Notre Dame @ Texas, and then Fox got the next 2 picks and grabbed the next 2 most appealing games, Ohio State @ Oklahoma and Oklahoma vs Texas.
http://www.burntorangenation.com/20...network?_ga=1.225658906.1043421328.1464729428
Really strange that they already made the call that it will be on FS1, not Fox. Makes me wonder what they plan on showing in their before-noon or early-afternoon slot (since that's when this game is always played).
I'll be watching or there in person, of course, but man, this isn't a good sign for any of the people who really really really want the Big 12 to end up working out. And no, adding Memphis or Cincy (or, for those of you who keep persistently bringing it up, Houston) won't fix this. It's been fun, but I really hope Texas (and all the other Big 12 teams too) are figuring out what their plans are for 2025. Doesn't mean the conference can't have an impressive final stretch though...
FS1 is struggling. There is a reason Fox over paid for half of the B1G media rights. They are doing anything they can to increase viewers on the channel so this actually makes sense. These media companies are going to find out very soon that there just isn't that much high quality inventory out there and the proliferation of channels has made it even worse. There is ABC, CBS, Fox, ESPN, ESPN 2, ESPN U, FS1, FS2 plus all of the conference and regional networks. Right now the networks are struggling to find content that will bring in enough viewers to justify their subscriber fees.
Since when is Notre Dame and Texas more popular than Ohio State and Oklahoma? You have got to be kidding me!Apparently the way it works was that ABC got first pick and went with Notre Dame @ Texas, and then Fox got the next 2 picks and grabbed the next 2 most appealing games, Ohio State @ Oklahoma and Oklahoma vs Texas.
http://www.burntorangenation.com/20...network?_ga=1.225658906.1043421328.1464729428
Really strange that they already made the call that it will be on FS1, not Fox. Makes me wonder what they plan on showing in their before-noon or early-afternoon slot (since that's when this game is always played).
I'll be watching or there in person, of course, but man, this isn't a good sign for any of the people who really really really want the Big 12 to end up working out. And no, adding Memphis or Cincy (or, for those of you who keep persistently bringing it up, Houston) won't fix this. It's been fun, but I really hope Texas (and all the other Big 12 teams too) are figuring out what their plans are for 2025. Doesn't mean the conference can't have an impressive final stretch though...
That game should always be on abc or the like. That's embarrassing. I can't imagine Ohio state and Michigan having the same issueOU and UT are just insignificant....there is no way around it. Since there are no viable teams to expand the conference it is time to just collapse it and go our own way.
Since when is Notre Dame and Texas more popular than Ohio State and Oklahoma? You have got to be kidding me!
2 top 5 teams going at each other that have a lot more cache.
Gus Johnson could get me excited about getting a root canal. I think he is the best when it comes to making the mundane exciting.Man you guys aren't seeing something positive about this. As over matched as FS1 is by ESPN, when it comes to college fb they have the best broadcasting duo in Gus Johnson/Joel Klatt. If it turns out to be a great game GJ will make it even better. And JK has made big strides as an analyst, they're a great pair. And believe they are the only ones on tv who speak up for the Big XII. And as long as our conference is together I'm going to be grateful for these guys actually we all should.
Scholz it's not embarrassing to me, matter of fact, that's news to me and I could care less. Surely you see the difference between expecting the RRS game to be on abc because of its importance to recruiting etc as compared to a coaches show? Very weak even for you.Isn't the $ooner coaches hour on FS1? Is that embarrassing too?
Since when is Notre Dame and Texas more popular than Ohio State and Oklahoma? You have got to be kidding me!
2 top 5 teams going at each other that have a lot more cache.
That was the $ooner answer to the Longhorn channel. FS1. Just pointing that out. Wholly unsurprising you're ignorant of that fact. And I have money to go to the game and UT recruiting doesn't rely on where that's broadcast. Guess you're in a different boat, jethro. Sorry.Scholz it's not embarrassing to me, matter of fact, that's news to me and I could care less. Surely you see the difference between expecting the RRS game to be on abc because of its importance to recruiting etc as compared to a coaches show? Very weak even for you.
I'm just assuming you're being obtuse here or at least hoping.That was the $ooner answer to the Longhorn channel. FS1. Just pointing that out. Wholly unsurprising you're ignorant of that fact. And I have money to go to the game and UT recruiting doesn't rely on where that's broadcast. Guess you're in a different boat, jethro. Sorry.
This is Texas fault for not being good anymore....just playing ( kind of).
Gus Johnson could get me excited about getting a root canal. I think he is the best when it comes to making the mundane exciting.
Again, ABC passed on OU vs Texas AND Ohio State @ OU to take Notre Dame @ Texas.