can bupropion get you high xeloda overnight pharmacy comprar seroquel 300 mentat generic 2013 drugs how to import windows live mail account to outlook 2010 what is ranitidine for babies with reflux quanto costa cialis da 20 mg diclofenac discount no prescription finpecia without a prescription from australia buy synthroid viagra for sale northern ireland where purchase celexa myambutol coupon code lotrisone ointment research nolvadex buy what do amantadine capsules look like genuine fosamax best price entocort ec coupons trimox 100mg buy online rx drugs how often to take pyridium ventolin solution pediatric dose fucidin tablets price what does xenical do natural antibiotics for horses buy robaxin without rx voveran sr discount medications prednisona kern pharma 10 mg efectos secundarios buy fincar without rx best price for premarin cream adalat without a script depakote birth control online india buy diclofenac 50 ramipril generic for altace canadian family visa processing time buy cheap drugs net allopurinol and azathioprine interactions buy rumalaya forte mg online uroxatral cost in canada can buy dutas online reviews on wellbutrin for anxiety lasix drug for sale pharmacy brand name ayurslim online buy suprax lowest price accutane direct pharmacy can order moduretic canada get azulfidine toronto where xenical tofranil tablets us online sertralina vademecum peru buy altace 5mg what is the over the counter equivalent to protonix is avalide available over the counter kegunaan obat voltaren what is kamagra chewable for levitra dosages cheap synthroid arjuna buy without tegretol generic side effects can i buy biaxin in canada can order zithromax online who hash the best prices for viagra forzest without insurance bioidentical testosterone cream bodybuilding rosuvastatin order by phone benzac no prescription canada buy nitrofurantoin online no prescription us discount mentat generic form of baclofen flonase without a prescription from us colchicine tablets side effects of zovirax 800 mg buy generic lamisil online drugs lanoxin low dose birth control perrigo tretinoin cream .05 reviews cheap lady era pills pictures of crestor pills lisinopril 20mg tab pharmacy inline with no percription celebrex drugs like buy myambutol inhaler canada cheap adderall online no rx cialis rx group index what is the medication paxil used for claritin tablets uses generic brand for strattera how to take soviclor what is phentermine hcl safe robaxin no precription allopurinol contraindications cautions safe buy cafergot online ranitidine tablets side effects rumalaya gel shopping prilosec medication side effects over the counter medicine that acts as vermox ketoconazole shampoo side effects us pharmacy online minipress how much is generic zofran bactrim 480 mg dawkowanie med online pharmacy nature;s organics acaitrim reviews diflucan pills pregnancy cheap zyvox pills can you buy toprol xl canadian celexa lasix drug interactions legal to buy amantadine buying quibron-t fast compazine deleviery nootropil online usa no prescription order albenza overnight how does ditropan oxybutynin work nosh aspirin for sale mentat himalaya prospect buy canada no prescription for hydrochlorothiazide brahmi online meds prednisolone recommended dosage purim coupons zithromax 500mg uk what is hoodia gordonii buy genuine xenical uk buy cheap doxycycline pills nizoral with american express order cefixime online uk purchase lotensin 10 mg buy zyvox without a script buyers of norvasc canada ordering low dose tenormin anafranil 10mg side effects purchase female cialis on line in usa buy cialis jelly lowest price van you buy oxycontin at mexican pharmacies rimonabant withdrawal fda generic yagara cost nitroglycerin order canada evecare shoppers drug mart vasotec indications use zithromax buy online ireland into oregon state university orlistat birth control online canada where to amoxil dilantin annual sales long term side effects of taking lisinopril where to innopran xl suprax generic form tadacip online coupon code long term side effects of taking singulair voltaren diclofenac sodium dosage order does alli work ship womens sex enhancement pills buy viagra professional online reviews side effects of avapro irbesartan amaryl cost how often to use advair diskus trial erection packs 3 no prescription retin a online pharmacy uk similar to inderal? side effects of cordarone x 200 cheap alligator clips for hair bows legal buy prescription drugs online mexico maxalt from mexico cabgolin tablets online dipyridamole 50 mg tablet cost of paxil generic reviews on differin gel 0.1 generic pharmacy franchise price is it safe to take viagra while drinking alcohol best price antivert buy maxalt visa can your buy cialis professional in ireland online drug shop purchase minocycline cheap generic asacol generic 2013 yagara for purchase betnovate rd ointment in pregnancy what does saas mean alli simpson difference between viagra professional and viagra super active amaryl comments can you take levitra daily ventolin express canada buy lioresal paypal canada rx online reviews powakaddy sport lithium best price
Home Television CSN Houston Files Involuntary Bankruptcy, Astros Say Filing “Improper”

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 1537 guests online

Atom RSS

CSN Houston Files Involuntary Bankruptcy, Astros Say Filing “Improper” PDF Print E-mail
User Rating: / 50
PoorBest 
Written by Maury Brown   
Friday, 27 September 2013 23:58

AstrosComcast SportsNet Houston, the regional sports network created in partnership with the Houston Astros, Houston Rockets, and NBC Universal/Comcast, filed involuntary bankruptcy on Friday. The Houston Astros, who are the majority stakeholders in the fledgling RSN appeared to be caught off-guard by the action saying that Comcast “improperly filed” the petition “in an attempt to prevent the Astros from terminating the Media Rights Agreement between the Astros and Houston Regional Sports Network.”

The Astros, who are majority stakeholders own 46.384 percent of CSN Houston while the Rockets own 30.923 percent. NBC Universal/Comcast owns 22.693 percent.

The Astros added in their statement that CSN Houston “failed to pay the Astros media rights fees in July, August and September”, adding that they had “invested additional money in order to keep the network viable through our season.”

NBC Universal said in a statement that it had filed “in order to resolve structural issues affecting CSN Houston’s partnership.”

They added, “This action is necessary to preserve CSN Houston’s ability to provide its valuable programming and reaffirms Comcast/NBC Universal’s commitment to serving the region and its fans.”

David Barron of the Houston Chronicle noted that listed as petitioning creditors in the case are National Digital Television Center of Centennial, Colo., which is owed $10,517.50; Comcast Sports Management Services LLC, which is owed $1,251,573.75 for management services; Comcast SportsNet California, which is owed $43,129.02; and Houston SportsNet Finance, based in Philadelphia, which has a $100 million loan to the partnership plus accrued and unpaid interest, fees, and other amounts.

The Astros added in their statement that, “Despite not receiving our media rights fees, our objective has not changed.  We will continue to work toward obtaining full carriage so that all of our fans are able to watch the Astros games while making sure that the Astros are able to compete for championships.”

CSN Houston will remain on the air while the bankruptcy proceeds. The network is only seen on about 40 percent of households in the Houston region and has struggled to gain carriage with any carriers outside of Comcast. Mayor Annise Parker tried to broker a break in the stalemate between CSN Houston and the major carriers by setting up meetings with officials of DirecTV, Time Warner and Suddenlink, but those meetings were fruitless.


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He writes for Baseball Prospectus and is a contributor to Forbes. He is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted here.

Follow Maury Brown on Twitter Twitter

Follow The Biz of Baseball on TwitterTwitter

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?