You and me both. Anything is just speculation right now. Hopefully this comes to some kind of conclusion by Dec. 12 so EVERYONE can see our beloved Rockets!!!!
The writing was on the wall. They agreed to this order because the alternative was a likely dismissal. No way they'd agree otherwise. If judge lets Astros walk they get nothing. Now they have chance to salvage something in the way out.
No way in hell a bankruptcy judge overrides Astros consent to lock the Network into a deal that both Comcast and Astros acknowledge means that they bleed cash. I'd be shocked. That's literally the exact opposite of what you'd expect from a bankruptcy proceeding.
Your legal analysis of this bankruptcy case has been wrong at almost every turn. Now you post this crap. Look at what really happened. The Astros wanted out of CSN. They would have been out of the way for Comcast and the Rockets to take whatever craptacular deals they wanted in order to get on TV now. Instead, Comcast throws them into bankruptcy to keep that from happening. Who is ruining the season again?
If both DTV and Comcast have the channel, I would imagine that would be enough to make the others jump on board quickly.
So, I guess we can all acknowledge that it will be Fox vs. DTV from this point on. Don't think there's much to salvage by restructuring the existing deal with Comcast, and attempting to strike carriage agreements (unless they make the Astros a mega-huge offer to buy out the ownership stake, and up the rights fees). I wonder what DTV's history of making aggressive bids in these sorts of situations? If it comes down to pure $$$, don't think anybody will match Fox. DTV also on the verge of not renewing the exclusive contract for NFL Sunday Ticket tells me they'll tend to be more fiscally responsible. Still can't believe the Astros get to call the shots here... but I guess that's the "rewards" that come with being the majority share-holder.
Not a lawyer I take it. To lawyers it was pretty clear what was going to happen, especially after the numbers were leaked.
<blockquote class="twitter-tweet"><p>Some post-hearing thoughts on CSN Houston situation: <a href="http://t.co/OnVYtSQDn0">http://t.co/OnVYtSQDn0</a></p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/statuses/395765732811620352">October 31, 2013</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
DTV, to my knowledge has no history of making aggressive bids in these situations. That is because there is no history of this situation. This is unique. As far as I know, this is the first time an RSN has gone into involuntary bankruptcy and had an order allowing one of the partners to negotiate a buy out of one of the partners.
I told you what Charlie Palillo said, no sense in being a dick about it. The guy is pretty knowledgeable and is well respected in the media. Take it up with him. And none of us predicted what actually happened.
