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RE: JCS owes Sox $12 Million
And NESN subscribers who will probably see rate increases as a result of
> -----Original Message-----
> From: email@example.com
> [mailto:firstname.lastname@example.org]On Behalf Of Kevin
> Sent: Sunday, October 03, 1999 3:52 PM
> Cc: email@example.com
> Subject: JCS owes Sox $12 Million
> Will McDonough finally wrote what many of us who work in sports TV have
> known for months. JCS has yet to pay the Red Sox for the 1999 season ( 10
> Million) PLUS, they owe NESN another $2 Million for production costs)
> Personally I would be shocked if the Red Sox see more than 30 cents on the
> dollar, as JCS heavily discounted the rate card, and as it was the rate
> structure could never recover the costs.
> The Red Sox deserve what they got, as they were blinded by dollar
> signs, but
> since JCS owns NOTHING, chance of recovery by the Sox are next to nil.
> Only good thing to report is the little guys ( production people ) have
> gotten paid by NESN, so only the suits are going to get hurt.