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Guest Message by DevFuse
Another Cable company takes YES.
No replies to this topic
Posted 19 February 2002 - 02:30 PM
Will Charlie give in?
Filed at 11:43 a.m. ET
NEW YORK (AP) -- The Yankees' new YES Network announced its deal
Tuesday to be carried on RCN Corp., the smallest of the three major
cable television service providers in the New York area.
YES, which launches March 19, plans to televise 130 regular-season
games in its initial season and to add New Jersey Nets basketball
games next season. RCN, which operates in parts of Manhattan, Queens,
New Jersey, and Carmel, N.Y., will carry YES as part of basic cable.
AOL Time Warner Inc., one of the two largest systems in the New York
area, also is expected to reach an agreement with YES.
Cablevision Systems Corp., however, wants to carry YES as a premier
service, such as Madison Square Garden Network, which televised
Yankees games the past 13 years. Cablevision owns MSG.
RCN is estimated to provide service has about 180,000 households in
the New York metropolitan area, while Cablevision is in 2.92 million
households and AOL Time Warner is in 1.7 million.
YES is charging about $2 per month per subscriber and will pay a $54
million rights fee to the Yankees, up $2 million from the total MSG
paid last year.
YankeeNets, the parent company of the Yankees, owns 60 percent of YES.