Monday, August 12, 2013

Deadline.com: Fox Sports 1 Waits On Deals With DirecTV, Dish Network, And Time Warner Cable

Deadline.com
 
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Fox Sports 1 Waits On Deals With DirecTV, Dish Network, And Time Warner Cable
Aug 12th 2013, 20:33, by DAVID LIEBERMAN, Financial Editor

21st Century Fox’ sports service could launch this Saturday without three of the four largest pay TV distributors — which collectively have about 46M subscribers or about 54% of the industry total. Time Warner Cable, DirecTV, and Dish Network are still in discussions to carry Fox Sports 1, according to Sports Business Daily. If there’s no agreement by the end of this week, the distributors would offer a stripped down version of Fox’ motorsports channel Speed. The publication says that Fox wants distributors to pay a monthly fee of 80 cents per subscriber for Fox Sports 1, rising to $1.50 in a few years. Speed costs just 23 cents. Fox Sports Media co-President Randy Freer sounded confident about reaching carriage deals when he spoke last week to analysts about his plans. Fox Sports 1 “will be available in up to 90M homes at launch,” he told them. Execs also said that they expect the channel to become profitable in 2016. 

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