Time Warner Cable snags Galaxy rights
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Time Warner Cable is putting the finishing touches on a deal to snag the television rights to the Los Angeles Galaxy away from Fox Sports West.
Landing the rights to the soccer team on its new sports cable channel didn’t come cheap though. Time Warner Cable is paying $55 million over 10 years ($5.1 million per season) for the rights, according to a person familiar with the terms of the deal. Fox, which had been paying less than $500,000 per season, passed on its option to match that offer. The deal will take effect next season.
Time Warner Cable already landed the rights to the Los Angeles Lakers when it made a $3-billion bid for 20 years. The Lakers have been on Fox Sports West, but will move to the Time Warner Cable channel in 2013, assuming that there is labor peace by then.
Also on Time Warner Cable’s wish list is the Dodgers, but Fox is going to fight hard to keep that franchise on its Prime Ticket network.
Time Warner Cable is launching both an English-language and Spanish-language and games will be on both networks.
A Time Warner Cable spokeswoman declined to comment.
For more on the deal, see our story on the Fabulous Forum blog.
-- Kevin Baxter and Joe Flint