CBS is the longtime home of the Masters and shares the NCAA Tournament with Turner, which highlights a major shortcoming in the new streaming venture. Every consumer who bypasses cable means lost revenue for the networks that have come to depend on pay TV revenue. Consumers who want access to every game in their markets will need a pay TV service or a subscription streaming service if their team offers one. The streaming venture would feature content that would still be available through pay TV operators, streaming platforms and in many cases over-the-air television received free with an antenna. But Fubo, a New York-based streaming TV service designed to provide live sports-carrying channels at a lower cost than cable, is saying the service could ultimately force people to pay more to watch sports.

Source: Los Angeles Times February 09, 2024 01:23 UTC