Pay-per-view
football figures to remain a staple of University of Hawaii sports
through the 2019 season under an extension of the school's TV
rights agreement with Oceanic Time Warner Cable announced Friday.
Rival
KHNL/KFVE would have ended pay-per-view and aired away football games
free of charge had it been awarded the contract, general manager
Rick Blangiardi said Friday.
The
six-year extension with Oceanic calls for UH to receive a minimum
payment of $2.3 million this year, escalating to $2,539,386 at the
contract's conclusion June 30, 2020, as long as at least seven football
games are made available to Oceanic each year, according to the
agreement. UH can earn a higher fee if specified net revenue targets are
reached.
UH had
been receiving a minimum $2.3 million per year for live TV and PPV
rights and received as much as $2.6 million in 2008. Oceanic is
mandated to broadcast at least 60 events a year, the same threshold as
in previous contracts.
KHNL/KGMB,
which has a "shared services agreement" with KFVE, had sought an
opportunity to make a proposal. "We are extremely disappointed and
saddened to hear this news as Hawaii News Now and KFVE would have been
proud and honored to have submitted an alternative proposal for
the University of Hawaii to consider," Blangiardi said in a statement.
"We
believe we could have provided a meaningful alternative to Oceanic
Cable, which unfortunately only reaches paid subscribers, as
opposed to the entire state," Blangiardi said. "We were prepared to
make the University of Hawaii an unprecedented bid for the
broadcast rights, and were looking forward to the elimination of the
pay-per-view concept and providing all of UH sports, including
both home and away games, free of additional charges to the people of
Hawaii."
*** [3/6/14]
HNN didn't show them the money
*** [3/8/14]
Blangiardi says UH cost themselves millions
*** [3/6/14]
HNN didn't show them the money
*** [3/8/14]
Blangiardi says UH cost themselves millions
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