OK, now I see what what you're talking about. Media rights expenses for CSN-H do vary month to month because they are only paid during the broadcast season. So they are different during the Astros season vs the Rockets season vs the months where both teams are in season. Regardless, the $3MM monthly expenses clearly doesn't include the media rights, since they alone are more than $3MM per month.
They've been going at it for almost 12 hours now. As good as Barron's tweets have been I wonder what we've missed. He never did explain what the heated exchange between a Comcast attorney and Postolos was about exactly. I wish transcripts of this madness were made available online somehow.
Ok got you... Comcast is paying CSN H carriage fees which would vary depending on the number of subscribers.
Comcast can question their own executives all the want, but it doesn't change the fact what a Comcast executive has already testified to under oath. It is one thing for an Astros executive or neutral party to testify, it is another when a Comcast executive does.
Please refrain from making determinations based on the incomplete and completely lacking context tweets from baron. The whole $200 million thing has been misinterpreted.
It could very well be the referenced time period is when the FSN Deal expires for the other providers and a dramatic rate increase kicks in at that point fie CSN H and the deal becomes profitable then. Whatever happens.....None of this changes the fact that Crane bought this deal when he bought the team. Kinda hard to claim the team isn't bankrupt when it made cash calls 7 months in and is projected to lose 200M.
Not sure. Last thing Barron said was he was questioning whether Comcast Calif. was an appropriate creditor to this...and then nothing after. You'd think if they adjourned for the evening that Barron would have said that.
