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Old 09-28-2013, 01:09 AM
 
18,130 posts, read 25,286,567 times
Reputation: 16835

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Any thoughts?

CSN Houston bankruptcy filing surprises Astros

Quote:
The NBC Universal statement said the Chapter 11 petition was filed “in order to resolve structural issues affecting CSN Houston’s partnership.”

“This action is necessary to preserve CSN Houston’s ability to provide its valuable programming and reaffirms Comcast/NBC Universal’s commitment to serving the region and its fans,” the statement added.
An NBC Universal spokesman would not elaborate beyond the statement.

In a two-paragraph statement issued Friday night, the Astros indicated that they had issues with the NBC Universal-Rockets-Astros partnership that also could have led to litigation or, at least, potential changes in the partners’ relationship.

“Comcast has improperly filed an involuntary bankruptcy petition in an attempt to prevent the Astros from terminating the Media Rights Agreement between the Astros and Houston Regional Sports Network,” the statement said. “HRSN failed to pay the Astros media rights fees in July, August and September, and we have invested additional money in order to keep the network viable through our season.

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Old 09-28-2013, 01:31 AM
 
568 posts, read 901,601 times
Reputation: 547
They had it coming.
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Old 09-28-2013, 01:50 AM
 
7,542 posts, read 11,574,791 times
Reputation: 4077
Reasons why this happened

Charging way to much for other cable providers to get this channel

Astros suck and nobody is watching them

New low for Astros: 0.0 TV rating - Sports Update

Texas Longhorn network will be the next network to file bankruptcy charging way to much to carry this channel L O L
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Old 09-28-2013, 04:59 AM
 
Location: Houston
30 posts, read 53,563 times
Reputation: 21
love this news!
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Old 09-28-2013, 09:05 AM
 
1 posts, read 1,455 times
Reputation: 10
Quote:
Originally Posted by DJboutit View Post

Texas Longhorn network will be the next network to file bankruptcy charging way to much to carry this channel L O L
Not going to happen. First, the Longhorn Network is an ESPN channel. If the Longhorn Network files for bankruptcy, ESPN would be filing bankruptcy for all of it's networks (ESPN, ESPN2, ESPNU, ESPN News, ESPN Classic). Second, within the state of Texas, ESPN charges providers approximately 40 cents per subscriber to carry the Longhorn Network. The fee per subscriber is much less outside of Texas. How does 40 cents compare to the $3.50 per subscriber that CSN Houston is requesting?

Know the facts perform you make these kind of comments.
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Old 09-28-2013, 09:20 AM
 
Location: Breckenridge
2,367 posts, read 4,696,041 times
Reputation: 1650
This is hardly a surprise. The Astros suck and no one is watching them. The Rockets will finally be good, but it is too late. I don't understand how any of these networks survive. Most of these networks will come back down to earth.
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Old 09-28-2013, 09:25 AM
 
18,130 posts, read 25,286,567 times
Reputation: 16835
What I find more amazing about all of this.... is that the Astros and Rockets together own about 75% of CSN Houston
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Old 09-28-2013, 01:08 PM
 
Location: Houston, Tx
8,227 posts, read 11,146,531 times
Reputation: 8198
Hopefully this will dissolve the union between the Rockets and CSN, and they'll go back to FSN(a channel everybody already has) and I'll be able to watch the Rockets this year.
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Old 09-28-2013, 03:01 PM
 
Location: Houston, Texas
226 posts, read 284,880 times
Reputation: 240
Yes! This is great news.
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Old 09-28-2013, 04:28 PM
 
1,232 posts, read 1,902,407 times
Reputation: 1237
Finally, blow-back for taking fans for granted.
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