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Why is the Gray-Raycom TV deal important - GTFletch - 07-15-2018 07:44 PM
Link
https://www.nunesmagician.com/2018/6/26/17503456/why-is-the-gray-raycom-tv-deal-important-for-syracuse-acc-network-revenues-acquisition
Go ask B1G schools how that $51 million check tastes (likely very well).
It’s always about the money. That’s been made evidently clear by the NCAA in our experience dealing with the Indianapolis crew and the offseason news. So let’s have this conversation on those terms.
Gray Television Inc. completed a purchase/merger/corporate marriage with Raycom Media and their properties. This includes Raycom Sports, which Syracuse Orange fans should recognize as the distributor of most of the ACC Network games to date. With this deal, the two companies will combine to form a network that stretches down the Atlantic Coast and into the Midwest (and well beyond). They’ll be the third-largest TV owner in the country.
Why are we writing about this? A few reasons:
Shortly before this story broke, Awful Announcing reported that each B1G School got a B1G Network check of $51 million. This increasing pot is due to the widespread distribution of the B1G Network and it’s increasing value to cable subscribers. The Gray/Raycom merger means more ACC distribution across the country, which should mean more money coming back to schools in a couple years.
For cord-cutting millennials like myself, I have been eagerly awaiting colleges to catch up to professional leagues (MLB, NFL via DIRECTV, NBA) and create an all-access streaming product. The B1G news seems to indicate that the cable money bubble is still growing, deterring any push for such an over-the-top (OTT) platform.
Raycom owns syndicated rights to select ACC games through 2027. That list shrinks over time as the inventory comes under the ESPN-operated ACC Network umbrella. But there will probably be Syracuse-related games on Raycom networks for the next decade.
As you can see on the map above, neither Gray nor Raycom is in New York (or surrounding Pennsylvania and New Jersey) right now. That potentially changes with the increased bargaining power that this merger brings.
Raycom’s long been a partner of the ACC (since 1982), and there’s enough #synergy there to keep that relationship going even past the 2027 date, depending on contracts and what ESPN allows. One could assume that’s almost being banked on by Gray here, too. Those syndicated ACC games have kept Raycom relevant and ultimately add to its value. So while this may not have any immediate impact on Syracuse, the long-term gain has potential.
RE: Why is the Gray-Raycom TV deal important - Statefan - 07-15-2018 08:29 PM
I don't get it - how is this supposed to bring money to the ACC? Raycom bought a percentage of future games at a price and I've never heard of the Raycom side deal having some sort of escalator for wider Raycom distribution. Maybe it does, but I've never heard that.
RE: Why is the Gray-Raycom TV deal important - Hokie Mark - 07-15-2018 09:30 PM
(07-15-2018 08:29 PM)Statefan Wrote: I don't get it - how is this supposed to bring money to the ACC? Raycom bought a percentage of future games at a price and I've never heard of the Raycom side deal having some sort of escalator for wider Raycom distribution. Maybe it does, but I've never heard that.
I don't think the author had his facts straight. IIRC, this is the final year of ACC sports on Raycom; once the ACCN launches, syndicated tv is done. Any future rights through 2027 will have been repurchased by then.
RE: Why is the Gray-Raycom TV deal important - solohawks - 07-16-2018 08:44 AM
(07-15-2018 09:30 PM)Hokie Mark Wrote:(07-15-2018 08:29 PM)Statefan Wrote: I don't get it - how is this supposed to bring money to the ACC? Raycom bought a percentage of future games at a price and I've never heard of the Raycom side deal having some sort of escalator for wider Raycom distribution. Maybe it does, but I've never heard that.
I don't think the author had his facts straight. IIRC, this is the final year of ACC sports on Raycom; once the ACCN launches, syndicated tv is done. Any future rights through 2027 will have been repurchased by then.
You gotta think one of the big reasons Raycom is cashing out is that they are losing the ACC after this year.
RE: Why is the Gray-Raycom TV deal important - Lou_C - 07-16-2018 10:14 AM
(07-16-2018 08:44 AM)solohawks Wrote:(07-15-2018 09:30 PM)Hokie Mark Wrote:(07-15-2018 08:29 PM)Statefan Wrote: I don't get it - how is this supposed to bring money to the ACC? Raycom bought a percentage of future games at a price and I've never heard of the Raycom side deal having some sort of escalator for wider Raycom distribution. Maybe it does, but I've never heard that.
I don't think the author had his facts straight. IIRC, this is the final year of ACC sports on Raycom; once the ACCN launches, syndicated tv is done. Any future rights through 2027 will have been repurchased by then.
You gotta think one of the big reasons Raycom is cashing out is that they are losing the ACC after this year.
Yep, the ACC set aside was the only thing keeping Raycom Sports solvent.
RE: Why is the Gray-Raycom TV deal important - Hallcity - 07-16-2018 10:57 AM
(07-15-2018 09:30 PM)Hokie Mark Wrote:(07-15-2018 08:29 PM)Statefan Wrote: I don't get it - how is this supposed to bring money to the ACC? Raycom bought a percentage of future games at a price and I've never heard of the Raycom side deal having some sort of escalator for wider Raycom distribution. Maybe it does, but I've never heard that.
I don't think the author had his facts straight. IIRC, this is the final year of ACC sports on Raycom; once the ACCN launches, syndicated tv is done. Any future rights through 2027 will have been repurchased by then.
Don't be so sure that syndicated TV is dead. Those games still have a significant syndication value that you can't get from cable. Duke-UNC and NCSU-UNC make a lot of money in NC. Raycom may be out of the picture and it may be Disney owned stations broadcasting the games but I'll predict that there will still be some syndication.
RE: Why is the Gray-Raycom TV deal important - Wolfman - 07-16-2018 12:10 PM
Syndication may have a new look. They may not get first run games but right now I'd be happy with some heavily edited/shortened versions of last season.
RE: Why is the Gray-Raycom TV deal important - Hokie Mark - 07-16-2018 12:52 PM
(07-16-2018 12:10 PM)Wolfman Wrote: Syndication may have a new look. They may not get first run games but right now I'd be happy with some heavily edited/shortened versions of last season.
Already available - it's called the ACC Digital Network.
RE: Why is the Gray-Raycom TV deal important - GTFletch - 07-16-2018 02:11 PM
Q. What happens to Raycom?
A. If you’re like me, ACC games on Raycom were a part of your childhood. Few things said “ACC basketball” like sitting near the fireplace on a cold January Saturday and turning on the Raycom Game of the Week, just in time for the intro. Just look at these graphics. And listen to this music.
Takes you back. Alas, though, the days are numbered for ACC games on Raycom.
“Raycom will still have association with ESPN, and with the ACC in some different matters,” Swofford said. “It will be a different relationship, and I think you’ll see Raycom – and I can’t speak for Raycom –but I think you’ll see sort of a repositioning if you will.
“Obviously production’s a big part of Raycom and will be going forward. And Raycom Sports, my understanding is, will continue in that vein.They also do our digital network at this point in time. And there could be some other longer term things that they get into that they may not be in right now.”
But, but … what about the Raycom ACC game of the week?
“No,” Swofford said, dealing a blow to generations of future children who will never experience such grand intro music, or the lively chemistry between the likes of Bob Rathbun and Dan Bonner. “ At that point they will move away from the syndication business.”
Link
https://www.newsobserver.com/sports/college/acc/unc/unc-now/article91683782.html
RE: Why is the Gray-Raycom TV deal important - Hallcity - 07-16-2018 02:47 PM
(07-16-2018 02:11 PM)GTFletch Wrote: Q. What happens to Raycom?
A. If you’re like me, ACC games on Raycom were a part of your childhood. Few things said “ACC basketball” like sitting near the fireplace on a cold January Saturday and turning on the Raycom Game of the Week, just in time for the intro. Just look at these graphics. And listen to this music.
Takes you back. Alas, though, the days are numbered for ACC games on Raycom.
“Raycom will still have association with ESPN, and with the ACC in some different matters,” Swofford said. “It will be a different relationship, and I think you’ll see Raycom – and I can’t speak for Raycom –but I think you’ll see sort of a repositioning if you will.
“Obviously production’s a big part of Raycom and will be going forward. And Raycom Sports, my understanding is, will continue in that vein.They also do our digital network at this point in time. And there could be some other longer term things that they get into that they may not be in right now.”
But, but … what about the Raycom ACC game of the week?
“No,” Swofford said, dealing a blow to generations of future children who will never experience such grand intro music, or the lively chemistry between the likes of Bob Rathbun and Dan Bonner. “ At that point they will move away from the syndication business.”
Link
https://www.newsobserver.com/sports/college/acc/unc/unc-now/article91683782.html
The ACC Network had better find a place for Mike Gminski and Dan Bonner! I think even our new ACC fans like them!
RE: Why is the Gray-Raycom TV deal important - georgia_tech_swagger - 07-17-2018 01:48 PM
Gminski is a good color guy. Especially when paired with somebody like Wes Durham who can take firm lead so Gminski can chime in when he wants to instead of more forcefully.
RE: Why is the Gray-Raycom TV deal important - georgia_tech_swagger - 07-17-2018 04:02 PM
Also, for basketball, Brad Doherty is a good color.
RE: Why is the Gray-Raycom TV deal important - XLance - 07-17-2018 08:00 PM
l liked Packer and Thacker.
RE: Why is the Gray-Raycom TV deal important - GTFletch - 07-20-2018 10:59 PM
Gray Television Inc. completed a purchase/merger/corporate marriage with Raycom Media and their properties. They’ll be the third-largest TV owner in the country.
I think they may make a bid at the the Fox RSNs which have approximately 61 million subscribers across the country and have rights to telecast live games of 44 of 91 (48 percent) US professional sports teams in three of the four major sports leagues," namely Major League Baseball, the National Basketball Association, and the National Hockey League.
Link
https://arstechnica.com/tech-policy/2018/06/trump-administration-approves-potential-disneyfox-merger/
RE: Why is the Gray-Raycom TV deal important - Kaplony - 07-20-2018 11:05 PM
We don't want Raycom to have any part of the ACC Network because any involvement they have will be just like the involvement they have in our current ESPN deal and will come out of our pocket. We just need to let Raycom live or die on their own accord rather than some asinine sense of loyalty to something that hasn't existed for decades.
RE: Why is the Gray-Raycom TV deal important - Dr. Isaly von Yinzer - 07-21-2018 06:29 PM
(07-16-2018 02:47 PM)Hallcity Wrote: The ACC Network had better find a place for Mike Gminski and Dan Bonner! I think even our new ACC fans like them!
Well, I don’t speak for all fans of new teams or even all fans of my team, but I definitely like Gminski and Bonner. I like Wes Durham too. I will like all of them better when they start calling us Pitt instead of Pittsburgh, but small steps.
Bonner tends to call us Pitt, but he’s from here so that doesn’t really count.
BTW, this story is a non-factor for us. Everything is going to ESPN starting next year. I have nothing against Raycom, but it’s not part of my nostalgic memories either. I wish them nothing but the best, but we are ESPN’s ***** now.
RE: Why is the Gray-Raycom TV deal important - GTFletch - 10-27-2018 07:52 AM
Disney Could Sell Fox Regional Sports Networks Back to Murdoch
Link
https://www.hollywoodreporter.com/news/disney-could-sell-fox-regional-sports-networks-back-murdoch-1155550
The scenario has always made sense, since Fox — the company that will consist of the assets not being sold to Disney for $71 billion — is supposed to be a company focused on sports and news. Murdoch and Fox will certainly have enough money to buy the RSN's given that it is selling most of the company to Disney for $19 billion more than it had originally agreed to accept after Comcast swooped in with an offer and caused a bidding war.
RE: Why is the Gray-Raycom TV deal important - GTFletch - 10-27-2018 07:55 AM
Report: Bid Books Out on Fox RSNs....Sports channels could fetch up to $20B
Link
https://www.multichannel.com/news/report-bid-books-out-on-fox-rsns
Disney agreed to divest of the RSNs as part of the regulatory approval conditions of the larger Fox deal. According to those conditions, Disney must sell the networks within 90 days after it closes the Fox transaction. Disney has said the Fox deal could close as early as Jan. 1. Sinclair, one of the largest TV station owners in the country with more than 190 owned and operated TV stations, has been said to be lining up private equity companies to help it fund a Fox RSN purchase.
RE: Why is the Gray-Raycom TV deal important - OrangeDude - 10-27-2018 12:12 PM
(07-15-2018 09:30 PM)Hokie Mark Wrote:(07-15-2018 08:29 PM)Statefan Wrote: I don't get it - how is this supposed to bring money to the ACC? Raycom bought a percentage of future games at a price and I've never heard of the Raycom side deal having some sort of escalator for wider Raycom distribution. Maybe it does, but I've never heard that.
I don't think the author had his facts straight. IIRC, this is the final year of ACC sports on Raycom; once the ACCN launches, syndicated tv is done. Any future rights through 2027 will have been repurchased by then.
Yeah that site does some great parody and fluff stuff, but hardcore news and reporting has been a big fail over the years. I ignore those types of articles on that site myself.
Cheers,
Neil
RE: Why is the Gray-Raycom TV deal important - Hokie Mark - 10-27-2018 01:27 PM
(10-27-2018 12:12 PM)OrangeDude Wrote:(07-15-2018 09:30 PM)Hokie Mark Wrote:(07-15-2018 08:29 PM)Statefan Wrote: I don't get it - how is this supposed to bring money to the ACC? Raycom bought a percentage of future games at a price and I've never heard of the Raycom side deal having some sort of escalator for wider Raycom distribution. Maybe it does, but I've never heard that.
I don't think the author had his facts straight. IIRC, this is the final year of ACC sports on Raycom; once the ACCN launches, syndicated tv is done. Any future rights through 2027 will have been repurchased by then.
Yeah that site does some great parody and fluff stuff, but hardcore news and reporting has been a big fail over the years. I ignore those types of articles on that site myself.
Cheers,
Neil
I feel like you had your tongue firmly planted in your cheek as you wrote that... seriously, I have great respect for John Cassillo as a blogger, but I don't know much about the other guy.