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SBD/January 8, 2013/Media
Rising Costs For TV Sports Rights Imperiling Smaller, Independent Cable Channels
Published January 8, 2013
INSIDE THE MAGIC KINGDOM: REUTERS’ Ronald Grover cited sources as saying that Disney several weeks ago “started an internal cost cutting review ... that may include layoffs at its studio and other units.” Disney execs “warned in November that the rising cost of sports rights and moribund home video sales will dampen growth” (REUTERS, 1/7).