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Conference Expansion: Stanford, California and SMU Join the ACC

WF has scheduled a home and home with GA State. Not sure why. GSU played Coastal in nationally televised Thursday night game and there could not have been more than 3,000 people there.

Wake isn’t paying $800K-1M to buy out a G5. So where would you rather Wake play a G5 road game than Atlanta? Day drive from campus near thousands of alums.
 
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These guys may struggle in the Big 12.
 
Would adding bball only members help our money situation at all?
 
Yeah, a 24 team conference tournament seems awesome...

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I guess Fresno State is next?
 
Good article about how streaming won't save live sports.
The Pac-12 is nearing dire straits right now. There’s no other way to put it. The New York Post’s report Tuesday that Apple TV+ is a potential landing spot for Pac-12 sports landed like a lead balloon among fans, and for understandable reasons.



It doesn’t mean the league is about to fall apart or that it can’t still secure a good enough TV deal for the short-term future. It will probably be OK. But the Pac-12 may be the canary in the coal mine for college conferences outside what is becoming the Power 2 of the Big Ten and SEC.

Streaming won’t be the answer to saving college football as we know it. We know this because streaming isn’t saving TV.

If you’re not the NFL, Big Ten, SEC, NBA, CFP, World Series or the NCAA men’s basketball tournament, your negotiating leverage may begin to fade as the biggest leagues take up more.

And that’s the dirty not-so-secret about streaming: It’s not actually working. The boom is over.

Disney’s direct-to-consumer business — which includes Disney+, ESPN+ and Hulu — lost more than $4 billion in 2022. The financial losses continue to climb even as subscribers grow. It’s a big reason Disney stock is down 31 percent over the past year. NBCUniversal’s Peacock lost around $2.5 billion for the year, and CBS’ Paramount Plus also lost around $1.8 billion. These companies planned to lose lots of money and aimed for profitability by 2024 or 2025, but there is little sign of that yet. Dramatic cuts have come across the board.

Fox’s decision not to jump into the standalone streaming game and instead focus on the biggest live sports like the NFL, college football and the World Cup, has proven to be a more successful strategy thus far. It has increased its market share in college football, and despite the loss of cable subscribers, this year’s Super Bowl on Fox was the third-most-watched game ever and the highest in six years. As Fox Sports CEO Eric Shanks put it on a Sports Business Journal podcast, speeding up into streaming also speeds up the decline of linear TV, your actual money-maker.

While more games than ever are available to watch — a certain positive for fans — all of this doesn’t even touch on how cumbersome it is to watch live sports on streaming. Broadcast delays lag behind social media and betting sites. Some can’t pause or rewind. Switching between games can be a hassle and an even more frustrating process if you have to switch to another app.

On a busy college football Saturday, will casual fans who use one screen flip back and forth to Prime Video or Apple TV+ for one Pac-12 game if their favorite team isn’t involved? If conferences move into different streaming apps, the sport will be even more fractured.

“No one streaming sports service can fulfill what a sports fan needs,” Shanks said.

The Pac-12 may still come out of this OK. It might sign a good enough deal with ESPN and a streamer and provide schools with money similar to the Big 12. Linear TV for sports is still in a good place. But the next round of college media deals in six or seven years is the moment when industry leaders believe major change will truly come. I dread the future of conference realignment, but if you’re not in the Power 2, it’s impossible to predict where you’ll be as the top conferences take an even larger market share.
 
Imagine if you had a TV that was constantly streaming all of the shows you wanted to watch and all you had to do was press one button, up or down, to change between one show and another.
 
Looks like fsu may have a trustee looking to shake things up. Can’t get the link to work
 
Looks like fsu may have a trustee looking to shake things up. Can’t get the link to work
He won't be the first to try.
Texas and Oklahoma paid $100million to get out of their grant of rights ONE year early.
 
FSU AD is claiming they bring in 14-15% of the league’s revenue while only getting 7%. I’m not sure where he’s getting that first number because their football viewing numbers are even lower than ours over the past 3 years (shockingly the last stat I saw had us 3rd behind Clemson and State). I would assume they are also middle of the pack in bball viewership.
 
No idea where they get those numbers. But if they claim their games bring in 14-15% of the league's revenue and they split that percentage with their opponent, that's about 7%.
 
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