David Rosenthal: observation

Transcript context

…I think so. Also, WWE is World Wrestling Entertainment, like it needs an organization or like you even just said, the World Wrestling Entertainment organization. Because entertainment is not a noun. Right. Anyway, the point is, this is a big deal because for the first time now, you have multiple sports leagues putting their content powered by the same backend onto the internet. This is when cable companies and media companies are really starting to worry for the first time. It’s been going on for years about cord cutting. The only thing that’s holding the cable bundle together at this point really is live sports. So this is the first crack you can start to see in the seam of the live sports-cable bundle package that it could actually be coming online. Then in 2015, early the next year, BAM kind of continues that trend and they do a deal with golf, with the PGA tour. And they announce that they’re bringing golf online too. So the momentum is kind of continuing. Then later in 2015, this might have been if you’ve heard of BAM Major League Baseball Advanced Media before, this might have been where you’ve heard of it if you’re not a baseball fan, they do a major partnership with HBO and HBO decided to bring their own sort of cord cutting service online for the first time. You had been able to watch HBO shows on the internet but again, only a few were a cable subscriber. They do their first direct – That was HBO Go.…

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