Sweat Equity
Tier 1
Future of Pac-12 Networks in doubt as sports media world threatens to leave conference behind
https://www.mercurynews.com/2021/03...rld-threatens-to-leave-the-conference-behind/
Pac-12 Network has lost 17 percent of subscribers in two years
https://www.mercurynews.com/2021/03...rld-threatens-to-leave-the-conference-behind/
Pac-12 Network has lost 17 percent of subscribers in two years
- The Pac-12 Network (the national network) now has just 14.8 million subscribers, according to Dec. ’20 estimates provided to the Hotline by S&P Global Market Intelligence.
That figure represents a drop of 17 percent over the past two years, based on S&P data: In Feb. ’19, the national network had 17.9 million subscribers. (At its peak five years ago, it had more than 19 million.)
In comparison, the Big Ten and SEC networks are believed to have more than 50 million subscribers.
- The Pac-12 Network, which is available on a basic tier on many cable systems within the conference footprint and a sports tier outside the footprint, produces an average of just 13 cents per subscriber per month, according to S&P.
In contrast, the Big Ten and SEC networks reportedly charge in excess of 50 cents per subscriber.
- In the 2019 fiscal year (the most recent available), the Pac-12 Networks reported $123 million in revenue and $90 million in expenses, with an average of $2.8 million sent to each campus.