scubaroo
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Don't know much about us tv, do they broadcast sport at all? Is this a positive change for the a-league coverage or will it change nothing? All ive heard is cbs provide much of the u.s tv content that ten has.
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Torak
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+xDon't know much about us tv, do they broadcast sport at all? Is this a positive change for the a-league coverage or will it change nothing? All ive heard is cbs provide much of the u.s tv content that ten has. Yeah they provide sport content, we might get more of the NFL or College Basketball/Football. Don't see this impacting the A-league much Sports
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paladisious
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At least it means they won't go broke. I'm sure they'll stick with the A-League deal as is for now.
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walnuts
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This is interesting - so does this mean the proposed Gordon/Murdoch acquisition of the Ten Network has been scuttled then?
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walnuts
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US TV giant CBS to buy troubled Ten Network, setting up potential streaming rival to Netflix, StanThe troubled Ten Network will be purchased by the US-based broadcasting giant CBS. Ten Network's receivers, managers and voluntary administrators have confirmed that CBS has entered into a binding agreement to buy the broadcaster's business and assets. The winning bid from CBS comes after the Australian Competition & Consumer Commission (ACCC) said it would not oppose a joint bid by media magnates Lachlan Murdoch and Bruce Gordon to buy Ten. However, the bids from Mr Murdoch and Mr Gordon were reliant on changes to Australian media law being passed by the Senate. CBS is currently a major content provider to Ten and the delay in the Australia's media law reforms made it the preferred bidder over the Murdoch/Gordon proposal. Ten was placed into voluntary administration in June after its billionaire creditors Mr Murdoch, Mr Gordon and James Packer backed away from guaranteeing a new $250 million line of credit. The deal for CBS to buy Ten requires the approval of the Foreign Investment Review Board. CBS is listed on the New York Stock Exchange and is valued at US$28 billion ($35.3 billion). The receivers PPB Advisory and administrators KordaMentha said the deal was brokered following "a rigorous sales process". PPB advisory partner Christopher Hill said Network Ten had played a significant role in Australia's broadcasting landscape over the decades. "The sale of the business to CBS will allow the iconic broadcaster to move into a new chapter on a strong and stable footing," Mr Hill said in a statement. Administrator Jarrod Villano of KordaMentha said the objective was to ensure that operation continue uninterrupted while the transaction is finalised. "CBS will provide immediate financial support to ensure continuity of operations ahead of the upcoming meeting of creditors." In addition to the core channel Ten, the deal includes digital channel Eleven, of which CBS already owns a 33 per cent stake, digital channel One and Network Ten's digital platform, Tenplay. CBS chairman and chief executive Les Moonves said in a statement he was confident of turning Ten around. "Network Ten is a prime broadcasting asset with over half a century of experience and brand equity in Australia," Mr Moonves said. "We have been able to acquire it at a valuation that gives us confidence we will grow this asset by applying our programming expertise in a market with which we are already familiar." In addition to Ten's free to air assets, CBS will launch its digital subscription video on-demand service CBS All Access to counter the growth of streaming services like Netflix, Stan and Amazon Prime Video. The company recently unveiled plans to make the service available in Canada next year. ABC News
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The most interesting tidbit of this acquisition (in my opinion anyway) is the launch of their own streaming service - I know the FFA is yet to sell their digital streaming rights for the A-League. Also provides a bit more capital for Ten to fight for the BBL rights.
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paulbagzFC
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Waleed doing half time -PB
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walnuts
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+xWaleed doing half time -PB 'It's disgusting seeing Marc Warren attempt a Rabona - that's cultural appropriation at its worst'
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hames_jetfield
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+x+xWaleed doing half time -PB 'It's disgusting seeing Marc Warren attempt a Rabona - that's cultural appropriation at its worst' Why would Marc Warren attempt it?
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paulbagzFC
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+x+x+xWaleed doing half time -PB 'It's disgusting seeing Marc Warren attempt a Rabona - that's cultural appropriation at its worst' Why would Marc Warren attempt it? CIS white shitloard -PB
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Waz
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FFA may lose their FTA coverage here - not sure Fox will want to help a competitor or CBS promote Fox Sports. SBS2 anyone....?
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nomates
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Ten didn't even pay for the A-league rights it was given to them by FOX for fk all. I'm sure CBS will keep the coverage if it buys 10.
Wellington Phoenix FC
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Waz
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Maybe. But Fox gave TEN the A League for free to cross promote Fox Sports, CBS may not be interested in promoting a competitor anymore.
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bohemia
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+xMaybe. But Fox gave TEN the A League for free to cross promote Fox Sports, CBS may not be interested in promoting a competitor anymore. When you buy a company you buy everything. Channel 10 have a contract.
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Midfielder
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Could and I repeat Could add to media revenue for expansion teams...
CBS are not known for being football friendly but another player does help....
TBH I am glad News did not get 10 ... would have made News a tad to powerful in the news / media industry in Australia.
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New_Dawn_Kiwi_Fan
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+xTen didn't even pay for the A-league rights it was given to them by FOX for fk all. I'm sure CBS will keep the coverage if it buys 10. CH 10 still paid more than Sky NZ. We can't say much.
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Waz
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@ Bohemia
Channel 10 the company that went into administration had a contract. Channel 10 the company that comes out of administration does not have to honour that contract.
That's kind of the point of going into administration - you can shake a few things off.
CBS won't give a jot about the HAL, it's whether they see Fox Sports using it as a vehicle to promote their sports coverage as an issue. I'm not predicting anything here but it's not certain TEN will carry on with this even if it is free
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walnuts
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+x@ Bohemia Channel 10 the company that went into administration had a contract. Channel 10 the company that comes out of administration does not have to honour that contract. That's kind of the point of going into administration - you can shake a few things off. CBS won't give a jot about the HAL, it's whether they see Fox Sports using it as a vehicle to promote their sports coverage as an issue. I'm not predicting anything here but it's not certain TEN will carry on with this even if it is free Eh, free product probably makes it very attractive lol
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Waz
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@ walnuts.
Free means it won't be high on CBSs agenda agreed.
But Promoting a competitor (Fox) might put it in the "too hard basket" remembering they have to make a decision on what to keep/drop now as they're negotiating exit.
If I was Gallop I'd try and get in to the ears of CBSs negotiators pdq
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Savic
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Does all this just add up to football getting the dick. Again?
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aussie scott21
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+xDoes all this just add up to football getting the dick. Again? meh, FFA did a good thing in signing a 2 year deal. Ten (one) will still show the matches. They will push to get their own viewers and if successful may produce their own content after the initial 2 years (if they buy it). But same time, there is little incentive for them to drive the price up then buy it again. I am still optimisitc overall.
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Lastbroadcast
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To answer the question from above - Murdoch got shafted. He would have bought it if the Turnbull government had managed to pass their local content law changes but they got blocked in the senate.
Probably the only time I'll be happy that an Australian buyer got shafted for an American corporation.
As for the a-league, a contract was signed and the network doesn't have to pay anything. I think it'll be fine (or at worst put on one).
On the plus side it might mean good news for other sports like Golf.
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redcup
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+xDoes all this just add up to football getting the dick. Again? Pretty much. The way most of the posters on here carry on, you'd think that a high+ve bottom line is not the uppermost objective of CBS. It wouldn't surprise me if a major catch & run ( commonly called American football ) club greases CBS's pockets, after all the American's are always looking to expand their stupid game & Australia is an untapped market that would probably thrive on big blokes running into each other. Real football would be nice on FTA, but it will come down to $ and our code is a fair way from enticing big crowds. I hope I'm wrong but this isn't something to hold my breath over.
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maxxie
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+xTo answer the question from above - Murdoch got shafted. He would have bought it if the Turnbull government had managed to pass their local content law changes but they got blocked in the senate. Probably the only time I'll be happy that an Australian buyer got shafted for an American corporation. As for the a-league, a contract was signed and the network doesn't have to pay anything. I think it'll be fine (or at worst put on one). On the plus side it might mean good news for other sports like Golf. Murdoch isn't an Australian.
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playmaker11
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Oh boy.
By now, American Samoa must have realised that Australias 22-0 win over Tonga two days earlier was no fluke.
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Midfielder
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In part the CBS news release said .. “We look forward to working with the outstanding team at Network Ten to enhance and expand on its great legacy of Australian news, drama, reality and sports programming,” CBS Corporation CEO Leslie Moonves said. 10 have both Union Test matches, one Super Rugby match, and Socceroo matches and 1 A-League match they take from Fox. I can't see CBS not wanting both sports and given they plan their own streaming services I can see CBS as a new and cashed up player ...
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Razor Ramon
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+x+xTo answer the question from above - Murdoch got shafted. He would have bought it if the Turnbull government had managed to pass their local content law changes but they got blocked in the senate. Probably the only time I'll be happy that an Australian buyer got shafted for an American corporation. As for the a-league, a contract was signed and the network doesn't have to pay anything. I think it'll be fine (or at worst put on one). On the plus side it might mean good news for other sports like Golf. Murdoch isn't an Australian. Isnt he born here? Does that mean he is Australian? Is He a Pom, An American or an Alien? Is he human?
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SWandP
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+x+x+xTo answer the question from above - Murdoch got shafted. He would have bought it if the Turnbull government had managed to pass their local content law changes but they got blocked in the senate. Probably the only time I'll be happy that an Australian buyer got shafted for an American corporation. As for the a-league, a contract was signed and the network doesn't have to pay anything. I think it'll be fine (or at worst put on one). On the plus side it might mean good news for other sports like Golf. Murdoch isn't an Australian. Isnt he born here? Does that mean he is Australian? Is He a Pom, An American or an Alien? Is he human? Lachy could be technically Scottish. Raised in America. Full time Australian. Should run for Parliament.
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bettega
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+x+x+x+xTo answer the question from above - Murdoch got shafted. He would have bought it if the Turnbull government had managed to pass their local content law changes but they got blocked in the senate. Probably the only time I'll be happy that an Australian buyer got shafted for an American corporation. As for the a-league, a contract was signed and the network doesn't have to pay anything. I think it'll be fine (or at worst put on one). On the plus side it might mean good news for other sports like Golf. Murdoch isn't an Australian. Isnt he born here? Does that mean he is Australian? Is He a Pom, An American or an Alien? Is he human? Lachy could be technically Scottish. Raised in America. Full time Australian. Should run for Parliament. Ha, appears to meet the same criteria as half the parliament
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patjennings
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Have the digital rights been bought. CBS could of course buy them. They seem to be quite aggressive in digital streaming in the US.
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walnuts
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+xHave the digital rights been bought. CBS could of course buy them. They seem to be quite aggressive in digital streaming in the US. Digital rights are the only A-League rights available - could be an opportunity for them add that to their stable to complement the one game a round on TEN.
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