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The RSN Reckoning: How Teams Are Adapting with Direct-to-Consumer Streaming
Remember when regional sports networks (RSNs) were cash cows? That era is ending fast. Cord-cutting has gutted the once-lucrative RSN business as millions of households cancel cable each year 1. Subscriber declines, combined with costly rights fees, have pushed RSN operators to the brink. Diamond Sports Group – which runs the Bally Sports RSNs – even filed for bankruptcy in 2023 under $8 billion of debt, a collapse few imagined just a few years ago 2. Warner Bros. Discovery likewise exited the RSN business, leaving teams scrambling for alternative
Follow us on linked in at https://www.linkedin.com/company/skyrim-ai
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By Skyrim.AIRemember when regional sports networks (RSNs) were cash cows? That era is ending fast. Cord-cutting has gutted the once-lucrative RSN business as millions of households cancel cable each year 1. Subscriber declines, combined with costly rights fees, have pushed RSN operators to the brink. Diamond Sports Group – which runs the Bally Sports RSNs – even filed for bankruptcy in 2023 under $8 billion of debt, a collapse few imagined just a few years ago 2. Warner Bros. Discovery likewise exited the RSN business, leaving teams scrambling for alternative
Follow us on linked in at https://www.linkedin.com/company/skyrim-ai