

Bally also has rolled out its own stand-alone streaming outlet, Bally Sports+, further complicating the picture. Given that new reality, a number of major distributors including Dish, which operates a traditional satellite service as well as Sling TV, have balked at the elevated carriage fees. While the elevated fee structure has always introduced a degree of friction in distribution talks, the decline of linear viewership as well as cord-cutting in recent years have undercut the original business proposition of RSNs.

Established in the 1990s and 2000s when pay-TV subscriber numbers were climbing, the RSN business model features hefty fees paid by distributors, which had historically been able to reap advertising rewards from high local tune-in for games.

Like its rivals in the streaming pay-TV sector, Fubo had long pushed back on Sinclair’s aggressive terms for the former Fox-branded RSNs, which the company acquired for $10.6 billion in an auction prompted by the Disney-Fox deal. Heat Turned Up On Chicken Soup For The Soul Shares Of Redbox And Crackle Parent Plunge 40% On News Of Capital Raise, Q4 Red Ink
