MLB

Report: TWC wins Dodgers TV deal

Share This Story

   
 

LOS ANGELES (AP)

Time Warner Cable has won a contract to carry Los Angeles Dodgers games for at least the next two decades starting in 2014, according to a person familiar with the matter, who was not authorized to speak publicly.

Dodgers at a glance

 
Los Angeles Dodgers
Looking for the latest on the Dodgers? Get the schedule, scores, standings and more right here.
 

The deal has not yet been finalized, although it is to be announced within days, said the person, who was not authorized to speak publicly and spoke to The Associated Press on Tuesday on condition of anonymity.

The Los Angeles Times earlier reported the nation's second-largest cable operator will pay around $7 billion to carry the games.

FOX Sports currently carries the team's rights.

A second person familiar with the situation said that FOX Sports, a division of News Corp., had been prepared to pay more than $6 billion for a 25-year deal to keep the Dodgers on its Prime Ticket regional sports network. But it lost the bidding war after its exclusive bargaining period ended in November. The second person was also not authorized to speak publicly.

The contract marks the second major sports rights deal in three years for Time Warner Cable, which bought the rights to Los Angeles Lakers games in 2011 and launched regional sports networks covering them last year.

After paying an estimated $3 billion for the Lakers rights for 20 years, Time Warner Cable eked out higher fees from other TV distributors in Los Angeles, including DirecTV. The cable operator has said it is bidding for long-term sports carriage agreements to give itself certainty about rising sports costs.

Unlike the Lakers deal, in which Time Warner Cable launched and owns the channels carrying the games, in this case, the team will own a newly launched Dodgers channel but Time Warner Cable will operate it, create the programming and sell the feed to distributors and advertisers. The team will also maintain ownership of the TV rights.

MLB Buzz

HOT STOVE

Our experts bring you all latest news. Read MLB Buzz.

The deal is a coup for the team's new owners, dramatically raising the amount of revenue it was receiving from TV rights, which reached about $40 million a year in 2012.

The new owners include Guggenheim Partners and Magic Johnson. They bought the team out of bankruptcy last year for $2 billion from Frank McCourt and invested another $150 million in a joint venture with McCourt that owns the land around the ballpark.

The new arrangement could test the patience of the nearly 5 million households that pay for TV service in Los Angeles if, as expected, it results in higher monthly TV bills.

After the Dodgers channel launches as planned next year, the area will be home to six regional sports networks, up from two less than a year ago.

Time Warner Cable will have had a hand in launching all four new channels by paying to carry games of the Lakers and Dodgers and helping launch the Pac-12 Networks last year.

Tagged: Dodgers

Related Stories

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by



MLB Videos

Bautista talks Derek Jeter's final All-Star Game Posted: Jul 16, 2014
Jose Bautista discusses Derek Jeter's career and his final appearance in the MLB...

Jeter honored to play in last All-Star Game Posted: Jul 16, 2014
Derek Jeter compares his first All-Star Game experience with his last, Mike Trou...

Matheny defends Wainwright: He's out there to compete Posted: Jul 16, 2014
Mike Matheny comments on the media's reaction to Adam Wainwright's joke about le...

SimLeague Baseball - Simulation Baseball Game

Fox Sports Store

    itemName itemURL imageSrc price itemDescription
    Nike New York Yankees Practice T-Shirt - Ash http://shop.foxsports.com/FOX_New_York_Yankees/browse/featuredproduct/606363/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_606000/ff_606363_xl.jpg&w=100 27.95 Nike New York Yankees Practice T-Shirt - Ash
    Majestic Detroit Tigers 2012 MLB American League Champions Clubhouse Locker Room T-Shirt - Navy Blue http://shop.foxsports.com/FOX_Detroit_Tigers/browse/featuredproduct/1064043/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1064000/ff_1064043_xl.jpg&w=100 24.95 Majestic Detroit Tigers 2012 MLB American League Champions Clubhouse Locker Room..
    Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room T-Shirt - Gray http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067359/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067359_xl.jpg&w=100 24.95 Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker R..
    Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room Pullover Hoodie - Steel http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067382/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067382_xl.jpg&w=100 54.95 Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker R..
    New Era San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room 39THIRTY Flex Hat - Charcoal/Black http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067785/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067785_xl.jpg&w=100 31.95 New Era San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Ro..
    Majestic San Francisco Giants 2012 MLB World Series Champions Glory T-Shirt - Black http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1068294/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1068000/ff_1068294_xl.jpg&w=100 21.95 Majestic San Francisco Giants 2012 MLB World Series Champions Glory T-Shirt - Bl..
    Majestic San Francisco Giants 2012 MLB World Series Champions Batting Practice Performance Jersey - Black/Orange http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1068787/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1068000/ff_1068787_xl.jpg&w=100 94.95 Majestic San Francisco Giants 2012 MLB World Series Champions Batting Practice P..