Ch 9 Facing Bankrupcy

[Raiderdave]

How's this affect the NRL? I'm not sure, but I don't think it's good news.

.

phew .... I was worried there for a while

but not anymore ....

[cos789]

How's this affect the NRL? I'm not sure, but I don't think it's good news.

.

phew .... I was worried there for a while

but not anymore ....

I can almost guarentee there will be cuts.
The minimum would be cutting production costs (less cameras)
They could re-negoiate the nrl contract.
They could break up ch9 and then different stations would not be obligated to show nrl.
I don't see any upside,
.

[Raiderdave]

How's this affect the NRL? I'm not sure, but I don't think it's good news.

.

phew .... I was worried there for a while

but not anymore ....

I can almost guarentee there will be cuts.
The minimum would be cutting production costs (less cameras)
They could re-negoiate the nrl contract.
They could break up ch9 and then different stations would not be obligated to show nrl.
I don't see any upside,
.

wow
you just keep assuring me every time you type something
because we all know you haven't been close to the mark .. with anything you've ever posted in these pages

folks
the NRL can rest easy .... like I said .. phew

[Xman]

They lose millions on the NRL every year as it is.

[MarkZZZ]

What a bunch of numbnuts you AFL mob are.

The financial situation with cannel 9 was not that it was not a profitable organization it was around the terms of repayments for the loans that where secured to purchase it. The hedgefunds that now have ownership do not have any loans to repay.

I saw somewhere that channel 9 is expected to make a profit of around 250mil this next year and is traveling along nicely. 250mil against the asset value of the nine network is a nice return in any business.

If anything, the change of ownership at channel nine has made the network stronger and due to its expected revenue makes it a valuable money earner for the new owners, not one they are expected to dispose of any time in the near future.

Yes the AFL and NRL probably will lose money for 7 and 9 but they do attract a following to the stations and that is why they are a valuable part of overall programming. The NRL will be bigger and better in 2013 and onwards.

[Raiderdave]

They lose millions on the NRL every year as it is.

while 7 lose tens of millions on the VFL

& fox are wondering what the hell they did paying what they did for the garbage

[Xman]

They lose millions on the NRL every year as it is.

while 7 lose tens of millions on the VFL

& fox are wondering what the hell they did paying what they did for the garbage

I seem to remember ch9 would lose around 50m on the NRL