Monthly revenue/subscriber for Big Ten Network:
1) Big Ten market — $1.30
2) Non-Big Ten market — ≈ $0.10
3) Average — $0.56
Quick math:
1) Monthly revenue/subscriber — $0.56
2) Total cable subscribers — 51.3M
3) Monthly subscriber revenue — $28.7M
4) Annual subscriber revenue — $344.7M
Flashback #1: Big Ten TV revenue distribution reaches an insane $51 million per school
Revenue distribution per school:
1) 2013 — $25M
2) 2017 — $36M
3) 2018 — $51M (↑ 42% YoY)
Flashback #2: The Dodgers Are on a Roll but Fans Remain in the Dark Amid Cable-TV Dispute
The Dodgers are guaranteed $8.35b over 25 years from Time Warner (now Charter Communications).
That breaks down to an average of $334m/year!
In order to break even, the Network needs to make $1,988 from every pay-TV subscriber in the region or an average of $80/year.
Why do sports rights cost so much? Many believe a sports rights bubble is about to burst, but live sports continue to dominate the ratings.
More #1: Prime Time TV Ratings For Each Team At The MLB All-Star Break
Primetime rankings for MLB baseball teams:
1) 11 are overall #1 for broadcast/cable
2) 22 are top 3 for broadcast/cable
3) 24 are #1 for cable
More #2: Why Disney Should Have Multiple Suitors for Fox’s 22 Regional Sports Networks