NESN, the longtime cable TV home of Major League Baseball’s Boston Red Sox and the National Hockey League’s Boston Bruins, has become the first regional sports network to offer viewers streaming access to live games without a pay-TV subscription.The new outlet, called NESN 360, costs $30 a month and is only available in New England.
While that price tag redefines the upper limit of streaming, viewers of RSNs are loyal and often willing to pay hefty surcharges through their cable packages, particularly for baseball.
A number of other RSN players, including Sinclair Broadcast Group and NBCUniversal, are getting set to roll out direct-to-consumer streaming offerings, citing the need to respond to cord-cutting, which is trimming about 5 million U.S.
pay-TV homes a year.The economics of RSNs, which were a profit-making machine engineered duing cable’s heyday in the late-1990s and 2000s, are changing dramatically, but Sinclair CEO Chris Ripley and other stakeholders have insisted there is a large market for die-hard sports fans.
Read more on deadline.com
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