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NBC To Either Sell RSNs Or Move Them to Peacock

NBC Sports Philadelphia planned to stream games on Peacock but that idea was shuttered.

Russ Heltman

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NBCUniversal might not be in it for the long haul with their regional sports networks. Sources told The Wall Street Journal that the company is “exploring” a move of their RSNs to Peacock or selling off the portfolio.

The teams playing on these networks could be the first bidders to pounce as NBC tries to figure out their next move.

Streaming was in the company’s plans starting this spring with NBC Sports Philadelphia scheduled to test out the strategy. They scrapped those plans before baseball season over fears that it would alter NBCUniversal’s company-wide streaming strategy.

The media giant has already confirmed it is shuttering its national NBC Sports Network at the end of this year. The shutdown is the latest move showing their hesitance around the future of RSNs. The avenue has been a money machine for a long time because of the high fees cable providers agreed to with networks. As more people cut the cord and splice their media purchasing, those fees get harder to justify.

According to S&P Global Market Intelligence, regional sports networks collectively had 145.8 million subscribers last year, down 23% from 190.2 million in 2014.

A potential buyer other than the teams playing on the networks is Sinclair Broadcast Group. They own the Bally Sports family of networks after signing a licensing deal with the gaming company this year. Sinclair plans on rolling out streaming-only subscriptions for 19 of their networks beginning in 2022.

The plan NBCUniversal was implementing involved airing games on both the RSNs and their entertainment streaming service Peacock. Phillies fans could’ve been able to watch games on Peacock and regular TV, now that plan is off the table. Sources tell The Wall Street Journal that NBC Sports Philadelphia may lose profitability as early as next year. The battle for media attention continues in a rapidly changing landscape.

Sports TV News

NBCUniversal CEO Expects Disney To Buy Company’s Hulu Stake

“Shell noted that live sports coverage is helping make the stake in Hulu a luxury for NBCUniversal.”

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The Walt Disney Company owns 67% of Hulu. The other 33% is owned by NBCUniversal. The latter company doesn’t expect that to be the case forever.

“It’s worth a lot of money,” NBCUniversal CEO Jeff Shell said at an investor conference earlier this week, “and I think there’s no indication that anything else is going to happen than Disney writing us a big check.”

Hulu is primarily a platform for movies and television shows. It is a major part of Disney’s deal with the NHL though. The streaming giant is part of the package of 103 games that are exclusive to ESPN and ABC. Hulu is also a live TV provider for many. The company’s Hulu Plus Live TV package had over 4 million subscribers as of the summer of 2022.

Shell noted that live sports coverage is helping make the stake in Hulu a luxury for NBCUniversal. He credits sports and content migrated from Hulu as the reason Peacock has grown to 18 million paid subscriptions since September.

Deadline reports that if Disney does want to acquire NBCUniversal’s stake in Hulu, “the price could fluctuate but will be in the tens of billions of dollars.”

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Sports TV News

Greg Olsen Believes He and Kevin Burkhardt Can Handle Games ‘On Any Stage’

“Obviously, the bosses get paid a lot to make hard decisions. You have to obviously do what your bosses decide. We’ll cross that bridge when we get there.”

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Greg Olsen

Kevin Burkhardt and Greg Olsen are on tap to call Super Bowl LVII in February, and Olsen told Front Office Sports he has the confidence to announce the game with no hesitations.

“If you’re asking me, I think Kevin and I have shown that we can handle a game on any stage – on any day. We just did it on Thanksgiving. We’ll do it again around Christmas. And obviously throughout the [NFL] Playoffs,” said Olsen. “So whatever decision they make. Obviously, the bosses get paid a lot to make hard decisions. You have to obviously do what your bosses decide. We’ll cross that bridge when we get there.

“But as of now, I anticipate Kevin and I, the two of us, with Erin and Tom down on the sidelines, the four of us, broadcasting the Super Bowl in February in Arizona. Until I’m told otherwise, that’s how we’re proceeding.”

Olsen also told FOS he has negotiated a new contract with FOX Sports, but declined to share details. He is slated to be replaced on the top broadcast crew once Tom Brady ends his playing career. Brady will then begin a 10-year, $375 million contract to serve as the network’s top NFL game analyst and brand ambassador.

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Sports TV News

St. Louis Cardinals Announcer Dan McLaughlin Charged With Third DWI

It is the third time McLaughlin has been charged with DWI. He was charged with the offense twice within 13 months in 2010 and 2011.

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Dan McLaughlin

St. Louis Cardinals television play-by-play announcer Dan McLaughlin has been charged with DWI after being arrested on Sunday in Creve Coeur, Missouri.

According to a report from the St. Louis Post-Dispatch, police received at least two phone calls from concerned drivers that a white BMW was driving erratically, with one caller saying it was driving into oncoming traffic.

It is the third time McLaughlin has been charged with DWI. He was charged with the offense twice within 13 months in 2010 and 2011.

Bally Sports Midwest and the released a joint statement Monday.

“We have been made aware that Dan McLaughlin was arrested on suspicion of driving while intoxicated on Sunday night.. We are very disappointed to hear this, and are working to gather additional information before offering further comment.”

McLaughlin, 48, has served as the voice of the Cardinals for 24 years.

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