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BUFFALO LION

Joined: 05/20/2012 Posts: 49
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Why wouldn't he?


He now has a big stake in Disney/ESPN. Not as big of one as he does in FOX, but a big one. He now has an interest in ESPN making money.

The RSNs are exponentially more localized and less profitable than his other FOX properties. Their programming fits better under ESPN's current and projected distribution systems than they do under either FS-1 or FS-2. And if they continue to lag in profitability, it's better to have them lag in your minority held property (ESPN) than it is in your majority held property (FOX).

Among other concessions Rupert got, he is unloading $13 billion dollars worth of his FOX debt on Disney. I wouldn't be surprised if a lot of it is in these RSNs.

Remember. He is spinning off the more valuable and well known daily media properties like FOX News, Fox Business Network, FOX Television Network, the NFL, BTN, FS-1, and FS-2. FOX shareholders are essentially getting a tax free sale of the sold FOX properties, and setting up a an IPO of the existing FOX properties at no cost to them.

It's a great business move if it passes anti-trust review. Trump called him today to congratulate him, which is interesting seeing how ATT/Time Warner have hit some DOJ roadblocks.

(In response to this post by HOO86)

Posted: 12/14/2017 at 9:40PM


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Current Thread:
 
  Did ESPN just buy the Big XII? -- HOO86 12/14/2017 7:04PM
  Texas and Oklahoma -- SoCloseHokie 12/15/2017 04:23AM
  Well, yes and no. -- BUFFALO LION 12/14/2017 7:46PM
  Sorry Murdoch will Never be Disney CEO, -- Mercury 12/16/2017 09:12AM
  Sorry. Disney won't have much choice. -- BUFFALO LION 12/19/2017 07:55AM
  Yes, alt right Murdoch would never fly in alt left Disney. ** -- Atlee Hokie 12/19/2017 03:03AM
  Why would Fox sell away the RSN part of its Sports Empire? -- HOO86 12/14/2017 8:47PM
  Why wouldn't he? -- BUFFALO LION 12/14/2017 9:40PM
  Which schools are they missing from the Big 12? ** -- Stech 12/14/2017 7:37PM
  Re: Which schools are they missing from the Big 12? -- UCHusky90 12/15/2017 08:26AM
  I think just West Virginia and Iowa State -- HOO86 12/14/2017 8:35PM
  Disney isn't stupid -- Wolfman 12/15/2017 6:37PM

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