It was great at beating the rate of inflation and great financial results for cable companies.
My college years saw the decline of MTV and rise of ESPN. The OJ chase inspired MTV to make a show out of idiots driving across the country. If ESPN Sports Center wasn't on it would be shortly. Every other channel had the OJ trial save PBS. Seriously! It was nauseating!
ESPN spends around $7billion/year on licensing. Eight dollars of every cable bill goes to ESPN. I cut the cord when it was less than $4/month.
Starting in 2013 Time Warner agreed to pay an average of $335million a year for 25 years for broadcast rights to the Dodgers. The average payroll and luxury tax for the Dodgers peaked at $235million. I'm sure in the next 20 years it may approach the $335 million.
So who's your ISP? The profit margin for cable packages is in the mid 40%. The profit margin for ISP is 97%.
They don't just want to be the only ISP service available today they want it for the next 30 years because that's where the market is going.
My college years saw the decline of MTV and rise of ESPN. The OJ chase inspired MTV to make a show out of idiots driving across the country. If ESPN Sports Center wasn't on it would be shortly. Every other channel had the OJ trial save PBS. Seriously! It was nauseating!
ESPN spends around $7billion/year on licensing. Eight dollars of every cable bill goes to ESPN. I cut the cord when it was less than $4/month.
Starting in 2013 Time Warner agreed to pay an average of $335million a year for 25 years for broadcast rights to the Dodgers. The average payroll and luxury tax for the Dodgers peaked at $235million. I'm sure in the next 20 years it may approach the $335 million.
So who's your ISP? The profit margin for cable packages is in the mid 40%. The profit margin for ISP is 97%.
They don't just want to be the only ISP service available today they want it for the next 30 years because that's where the market is going.