Imagination TV Inc. (IMTV)

[charlina]

yeah, cable is on its way out.....yeah right!! you think they spend this kind of scratch to go away quietly in the night?? HAHA no way!



LOS ANGELES—The Los Angeles Dodgers formally announced a deal with Time Warner Cable on Monday to create a new TV channel that people familiar with the situation say assures the team more than $7 billion over 25 years. That is double what Major League Baseball thought the local TV rights were worth when the team was sold out of bankruptcy just last year.


Time Warner launches new Lakers channel

Posted Sep 30, 2012 1:49 PM
LOS ANGELES (AP) -- A few months ago, Time Warner Cable Inc. was crying foul at the high price it had to pay to air Knicks and Rangers games in New York. Now, the shoe is on the other foot.



The nation's No. 4 TV distributor bought the regional TV rights for the Los Angeles Lakers and pro soccer's LA Galaxy last year for an estimated $3 billion over 20 years. It's launching two new channels based on those rights on Monday. To help pay for them, it is demanding payment from other TV distributors like Dish Network Corp. and DirecTV.