Hello all and welcome again to another way to kick off your day. I'm up again, so we're going to focus on something that we haven't brought up on the site yet in an article.
That's right, we're talking CSH Houston and the Comcast/Time Warner Cable merger. First, here's the lowdown on the merger, via David Barron:
While it will take months to reach fruition, the $45 billion acquisition of Time Warner Cable by Comcast could provide a significant statewide viewership boost for Comcast SportsNet Houston across Texas, if not in Houston itself.
Time Warner essentially owns Interstate 35, with systems in Dallas, Waco, Temple, Killeen, Austin, San Marcos, New Braunfels, San Antonio and Laredo, plus Wichita Falls, Beaumont-Port Arthur, Corpus Christi, Harlingen, McAllen, Brownsville, Del Rio, Eagle Pass and El Paso.
A lot of those cities - particularly Corpus Christi and Beaumont-Port Arthur - have been key Astros markets over the years. Ditto Austin and San Antonio, where the Rangers have made major inroads over the last decade because of the team's minor league affiliate in Round Rock.
Then, John Royal's got you covered on any talk about the bankruptcy hearing's latest ruling. Hint: it's not good for the Astros:
The Astros appealed Judge Isgur's ruling putting CSN Houston into Chapter 11 bankruptcy. And while appealing the ruling, the Astros requested that the judge stay his opinion, or stop enforcement of the ruling, until the appeal could be heard by Federal District Court Judge Lynn Hughes. Judges stay orders when they think there's a chance the opinion will be overturned, primarily when an area of law is still unclear, which it's not in this case.
As a result, the judge refused the Astros request for the stay. He stated from the bench that the appeal was without merit and that it had no chance of success. He told them that the network could be a success, and that it was the team's duty, as one of CSN Houston's owners, to make the network a success.
So, the long and short is that, while the merger MIGHT get CSNH on more TVs around Texas (if not actually in Houston), it won't happen for a good, long while. By then, the CSNH situation may be resolved or it could still be tied up in appeals and other rigamarole.
Not good news. Happy Valentine's Day?
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