Updated at 1:45 PM: Of Red Wings-related note this afternoon:
- The Hockey News’s Sam Stockton discusses the declining revenues which appear to be dooming Diamond Sports, which is Bally Sports’ parent company, and Diamond also happens to be going through bankruptcy despite having reached a carriage agreement with XFinity/Comcast recently.
There’s been a long-term discussion as to what’s going to come next for the Red Wings, Tigers and Pistons’ broadcasts, especially as Diamond pays tens of millions of dollars for the privilege of broadcasting the three sports, at the cost of a big carriage fee for every customer of the cable or satellite system that carries Bally (regardless of whether the individual subscriber watches Bally networks or not)…
And I really wonder whether it’s possible that the long-time rumors that the Ilitches might start their own sports network to carry their teams on cable TV and/or online might come to fruition. That buzz has quietly served as an undercurrent to the various guises of PASS/Bally over the past 25 years, and the emphasis was always that, should the Ilitches be able to absorb the start-up costs of establishing a broadcast network, they’d reap the profits thereof.
Nowadays, the profits are smaller due to legions of “cord-cutters,” but if the Ilitches could start up a streaming service for the Wings, Tigers and Pistons, they’d still turn a profit broadcasting their own teams. With more and more teams inking streaming deals or broadcast TV deals that don’t emphasize turning a profit for the respective teams, I wonder whether we’ll see some sort of “Ilitch Sports + Entertainment Network” down the line.
2. Paul Kukla of Abel to Yzerman/Kukla’s Korner posted this trade scenario from Heavy.com’s Cole Shelton, and I’m sorry to admit as much, but I didn’t post it because I couldn’t possibly believe that it would happen:
Continue reading Two things: Pondering an Ilitch Sports + Entertainment network, and ‘just saying no’ to a trade scenario