ESPN Calls Time Out, Won't Bid for 'Thursday Night Football', ESPN, whose ancestor aggregation Walt Disney is beneath burden from Wall Street for falling subscribers and its sports programming costs, will not access the hotly contested behest for the National Football League's Thursday night games, according to humans with ability of the behest process.
The NFL, which is accepted to advertise acceptable bidders as aboriginal as this anniversary for an eight-week amalgamation of games, accustomed proposals from CBS and Twenty First Century Fox's Fox adjustment in behest that is accepted to beat the $300 actor per division that CBS paid to backpack the evening's amateur the accomplished two seasons.
The NFL asked bidders in December to abide offers for the absolute amalgamation and an another adjustment in which two bidders would allotment the eight bold slate, CBS Sports Chairman Sean McManus said during a presentation to television critics on Jan. 12. The league-owned NFL Adjustment would backpack all 16 Thursday night games, some of them exclusively.
One amount getting floated was $400 actor for absolute eight-game package, whether it is awarded to a individual adjustment or shared. The accommodation is accepted by the Feb. 7 Super Bowl.
"Disney administration fabricated a axiological aberration by overpaying for sports rights based on ever advancing multichannel video subscriber projections," BTIG Research analyst Richard Greenfield wrote in a Dec. 18 address in which he downgraded Disney to a sell. "They aswell acquired too abounding sports rights in an accomplishment to anticipate new competitors such as Fox Sports 1 and NBC Sports from growing stronger."
An ESPN agent had no comment.
Others accustomed with ESPN cerebration said Disney's sports approach is adequate with its flagship Monday Night Football program, which just accomplished its 45th season, and that the ancestor aggregation was blessed with the accepted Thursday night prime-time calendar of its sister ABC advertisement network.
ESPN may aswell accept been affected by the acumen that the NFL was aptitude against application the Thursday night amalgamation to a anchorperson because the league's cable approach would air all of the Thursday night games.
The NFL, which is accepted to advertise acceptable bidders as aboriginal as this anniversary for an eight-week amalgamation of games, accustomed proposals from CBS and Twenty First Century Fox's Fox adjustment in behest that is accepted to beat the $300 actor per division that CBS paid to backpack the evening's amateur the accomplished two seasons.
The NFL asked bidders in December to abide offers for the absolute amalgamation and an another adjustment in which two bidders would allotment the eight bold slate, CBS Sports Chairman Sean McManus said during a presentation to television critics on Jan. 12. The league-owned NFL Adjustment would backpack all 16 Thursday night games, some of them exclusively.
One amount getting floated was $400 actor for absolute eight-game package, whether it is awarded to a individual adjustment or shared. The accommodation is accepted by the Feb. 7 Super Bowl.
"Disney administration fabricated a axiological aberration by overpaying for sports rights based on ever advancing multichannel video subscriber projections," BTIG Research analyst Richard Greenfield wrote in a Dec. 18 address in which he downgraded Disney to a sell. "They aswell acquired too abounding sports rights in an accomplishment to anticipate new competitors such as Fox Sports 1 and NBC Sports from growing stronger."
An ESPN agent had no comment.
Others accustomed with ESPN cerebration said Disney's sports approach is adequate with its flagship Monday Night Football program, which just accomplished its 45th season, and that the ancestor aggregation was blessed with the accepted Thursday night prime-time calendar of its sister ABC advertisement network.
ESPN may aswell accept been affected by the acumen that the NFL was aptitude against application the Thursday night amalgamation to a anchorperson because the league's cable approach would air all of the Thursday night games.
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