Menu
Media

Judge's Order Allows Astros To Pursue New TV Partner Amid CSN Houston Bankruptcy

U.S. Bankruptcy Court Judge Marvin Isgur yesterday “authorized the Astros to negotiate with third parties on a new business plan for Houston Regional Sports Network, the troubled Astros-Rockets-Comcast partnership” that owns CSN Houston, according to David Barron of the HOUSTON CHRONICLE. Isgur signed what he “described as ‘a pretty extraordinary’ three-page order that was accepted in a rare show of unanimity among the fractious network partners.” Isgur’s order “has no apparent immediate effect on efforts to line up carriage agreements with DirecTV, Suddenlink or AT&T U-verse.” However, it frees Astros Owner Jim Crane to “negotiate with parties such as Fox and DirecTV across a wide range of services and scenarios that could impact the future of the Astros and Rockets on TV.” Any agreements "into which the Astros enter on the network’s behalf, such as carriage deals or the sale of a portion of the partnership to a third party, are subject to the court’s approval.” Isgur’s order “places on hold the Astros’ motion to dismiss the involuntary Chapter 11 bankruptcy case filed Sept. 27 by four Comcast affiliates and Comcast’s motion to name an interim trustee.” The order also “leaves in place the network’s carriage agreement with Comcast, the largest cable carrier in Houston, which will be a critical asset to bidders” (CHRON.com, 10/29).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2013/10/30/Media/CSN-houston.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2013/10/30/Media/CSN-houston.aspx

CLOSE