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One way or another every consuming taxpayer pays through the nose to create sports teams with gillion dollar payrolls. That tv revenue is not enough to fund it all. And guess where that tv revenue comes from. Consumers buying the products advertised during the games.
The advertising stopped being the primary source of TV revenue long ago. That is why most of sports migrated to cable TV. Cable and satellite TV subscribers provide a huge chunk of the TV based revenue now. The pay TV ecosystem is starting to fracture so like you said, the sports world will get the money some other way.
The advertising stopped being the primary source of TV revenue long ago. That is why most of sports migrated to cable TV. Cable and satellite TV subscribers provide a huge chunk of the TV based revenue now. The pay TV ecosystem is starting to fracture so like you said, the sports world will get the money some other way.
Thanks for the tutorial. I had forgotten cable tv fees we all pay.
Like I really care about Spanish language tv preachers or shopping channels.
Read no too long ago, I may never watch FOX, but I pay 40 bucks a year for the ability to tune in.
I have a feeling this is one issue where we all will be on the same side.
Agree 100%. The only reason the city / state should subsidize is if there is a financial benefit to the city / state. Doesn’t sound like it here. I mean over a billion dollars to fund a new stadium when the old one has already been renovated.
Those decades when the City of Los Angeles keep telling the NFL no, or that the 1932 Olympic Coliseum was good enough the smaller cities in the county occasionally offered degrees of stuff. In the end a speculator built his own a few blocks outside of the city limits at an abandoned horse racing track and before you knew it two NFL teams had moved out of their previous cities and into Inglewood..
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