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SBD/May 29, 2013/Media
Appeals Court Rules In Favor Of Comcast In Ongoing Tennis Channel Carriage Suit
Published May 29, 2013
NET BANKING ON BOOST OF SUBSCRIBERS: In L.A., Meg James notes Tennis Channel, which "turns a profit, had been banking on a big boost in subscribers, which would have generated tens of millions of dollars more through higher ratings and new subscriber fees." The channel had planned to "use the money to strengthen its programming roster," and it had hoped that a "wider distribution and larger audience would make it easier for Tennis Channel investors to sell the channel eventually." SNL Kagan analyst Derek Baine said, "This move, getting into more Comcast homes, was going to move the Tennis Channel up to the next level, but it is tough to get traction when you are an independent channel. ... This could be absolutely devastating financially to the Tennis Channel." Tennis Channel Chair & CEO Ken Solomon said, "We are thriving as a channel and we are going to survive this. We've never been treated fairly by Comcast in the 10 years that we've been in existence, but this is not over." Tennis Channel said that it would "consider an appeal to the U.S. Supreme Court" (L.A. TIMES, 5/29).