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SBD/September 5, 2013/Media
CBS' Les Moonves Says NFL Was Key Factor In Net Reaching Deal With TWC
Published September 5, 2013
BACK TO THE BARGAINING TABLE: The WALL STREET JOURNAL's Sharma & Ramachandran write Dish Network Chair & CEO Charlie Ergen "has long railed against the high cost of sports on TV," and now he "has a chance to do something about it." Dish's agreement to carry ESPN "expires at the end of September," and Dish and the Walt Disney Co. now are "in negotiations on a renewal for the agreement, which dates back" to '05. But Ergen last month "hinted at his willingness to use what some might see as the nuclear option -- going without Disney's channels permanently." Ergen said that "taking a 'really long-term view,' a pay-TV provider could offer TV service without sports channels." Ergen: "We're prepared to go either way." Dropping ESPN "would be a tough call" for Ergen. Lazard Capital Markets senior analyst Barton Crockett said, "No one is going to be a meaningful player in this industry without carrying ESPN" (WALL STREET JOURNAL, 9/5).