It could also impact (in a positive way) news and entertainment channels, which will be available in a less expensive TV bundle that could potentially slow down cord-cutting. The change in offerings could have a significant impact on the RSN business, which has long relied on subscription revenue from non-viewers to bolster its bottom line. “This new model paves the way for a more flexible approach to the outdated packaging model for sports, and it puts the focus where it should be, on the customer.” “The launch of Spectrum Select Plus underscores our commitment to providing our customers with the best sports coverage while ensuring our non-sports fans have options that meet their needs,” said Tom Montemagno, executive vp programming acquisition for Charter. Also on Monday, the company announced a new carriage agreement with DirecTV, one that “offers a significantly lower penetration threshold,” per the company. Of note: Charter will be offering the flexibility for the Spectrum SportsNets to other carriers. In markets outside of Los Angeles (where the company has approval to do so), Charter will also offer DTC streaming services of RSNs for free to its Select Plus customers, and may also market them to non-customers. The company says that it will launch a direct-to-consumer streaming offering for the SportsNets, which subscribers to its Select Plus will get access to for free (and non-subs will be able to access for a fee). Stream hit TV shows, movies and more from top TV channels like, ESPN, NFL network, MTV, CNN, and FOX, live and on-demand. “Historically, sports networks’ agreements have required distributors to pay for, and make available their programming service to a large majority of subscribers - almost always over 80 percent - even if many of them never watch it,” the company noted in a statement about the change.Ĭharter is also an RSN owner, controlling Lakers RSN Spectrum SportsNet and Dodgers RSN Spectrum SportsNet LA since acquiring Time Warner Cable in 2016. Charter Loses 320K Video Customers in Q3, Citing Disney Carriage Dispute
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