A major provider of televised games over cable TV – Bally Sports – can’t pay its bills.
Bally’s road to this fiscal mess is complicated, but it’s a mix of cable TV’s declining audiences and too much debt. It leaves big questions percolating about the future broadcasts of 47 pro teams, including baseball’s Los Angeles Angels and San Diego Padres, basketball’s Los Angeles Clippers, and hockey’s Anaheim Ducks and Los Angeles Kings.
It’s a harsh reminder that the business of athletics is by no means risk-free. Just like the competitions that are broadcast, there will be winners and losers in this unfolding viewership contest.and others help us see how viewership is changing.The NFL’s championship match has become a national pastime. It’s still the super TV event with an audience that’s all but impossible to replicate. But like most sports TV, peak audiences are in the rear-view mirror.Apparently.
Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at
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