When Does Pac 12 Network Stop Broadcasting?

3,814 Views | 5 Replies | Last: 1 yr ago by bearister
SonomanA1
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Based on this article, I assume it will be no later than June 28, but I guess it could be sooner. Will each school have rights to its games shown on the Pac 12 or does the Pac 2 keep them?

Pac-12 finally sets the death date for its biggest failure, will reportedly lay off 141 employees
By Gabe Fernandez, SFGATE Dec 14, 2023

The knocking-at-death's-door Pac-12 Conference is officially bringing an end to perhaps the biggest failure in sports broadcasting history: the Pac-12 Networks.

According to documents filed with labor officials, the conference plans to lay off 141 employees from its San Ramon office on a periodic basis starting on Jan. 5, nearly a year after the Pac-12 production center moved to that office from San Francisco. The layoffs will continue through June 28 just before the end of the academic year and the conference's media rights deal and include broadcast engineers, numerous directors, an on-air host and senior producer, and multiple senior-level roles.

While the writing has been on the wall since schools began leaving for greener pastures at other athletic conferences, the final round of layoffs would officially close the final chapter on the heavily criticized Pac-12 Networks.

The network was launched in 2012 with seven channels and a lofty aspiration to provide conference members with significantly higher revenue shares from the $3 billion media rights deal it signed a year earlier. This would be accomplished through the conference maintaining total control of the network, and not having a distribution partner. Yet it was through that latter requirement that cracks began to show in those stated goals.

The network was pretty much impossible to find a near-present-day staple of the product causing it to lag behind its competition. As other conferences eventually caught up, or outright exceeded, financially with their respective rights deals, the Pac-12 continued to hemorrhage money because of how it mismanaged its own. Suddenly, the 70,000-square-foot office in SoMa looked like an example gratuitous overestimation of success rather than a sign of the network's promising future.

Much of this fed into why all but two schools, Oregon State and Washington State, have left the Pac-12 for another conference. As the "Pac-2" battles through the courts to figure out their future, they'll have to do so without this monument of incompetence. Given its history, perhaps that's for the best.
TandemBear
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Put that lame horse down already! Any more time is just burning the Pac 12's cash that the schools need BADLY.

Fire 'em all, empty out the building and say bye, wish it had been nice.
Cal Strong!
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Whenever Oregon State and Washington State want it to.
Oski87
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They have to file the document if they are laying off all those people - but that does not necessarily mean they are laying off all those people. This is California law, not Federal. The firing will be up to them in the end - it does not have to happen - but if they think it could, then you file for everyone. And then give stay bonuses. That keeps the options open. I expect that they will have some level of continuity going forward. They have a 5 year lease on the building I think. So who knows that they will actually end up doing. If I were OSU and / or WSU - you can rent that out with a few engineers and production people to do some production ongoing for various entities - Giants Baseball, Oakland Roots Soccer, ESPN, or whoever. PAC 12 studio has a great operation as far as I know. I think the PAC 12 invested like 10 million in the build-out. The TV sports business often rents studios - most of the TV trucks are owned by independent vendors - not the actual networks. So there would be a possibility of that as they figure out what happens with it.

Maybe someone wants to buy that from them? Use it for the Olympics coming up on 5 years?

I once had a client who operated the TV studio in the basement of the UN. They went bankrupt, but the UN folks still needed to broadcast their stuff (part of an international treaty that everything is taped and broadcast). They had a bond to keep operating, even though no one owned the business. Interestingly, since it was on international land, OSHA could not come in and complain about the Asbestos falling from the ceiling, the UN busting the union, or all the other shady stuff that went on there. We had them operating for three years before the UN went out and hired a non-union shop to do the work, and fired everyone who was doing this for them for decades.

ColoradoBear
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Oski87 said:

They have a 5 year lease on the building I think. So who knows that they will actually end up doing. If I were OSU and / or WSU - you can rent that out with a few engineers and production people to do some production ongoing for various entities - Giants Baseball, Oakland Roots Soccer, ESPN, or whoever. PAC 12 studio has a great operation as far as I know. I think the PAC 12 invested like 10 million in the build-out. The TV sports business often rents studios - most of the TV trucks are owned by independent vendors - not the actual networks. So there would be a possibility of that as they figure out what happens with it.

Maybe someone wants to buy that from them? Use it for the Olympics coming up on 5 years?




Wilner wrote and article about the strange lease for the p12 network offices in SF - the original lease for the studio was signed for 11 years, and expired in summer of 2023. Necessity is what caused the move to San Ramon. Wilner says they were paying $7.3 million/yr in SF, but 2023-24 might have been double that as a one year extension.

San Ramon is $1.5 -2 million per year for 4-5 years.

The real question is how up to date is all the equipment the p12 network uses and is it all leftover from 2011. The studio might not be worth much, but I guess they spent a significant amount building it up for this year. And despite the articles title, Wilner doesn't really address whether the stupid are a liability or asset going forward.

https://www.mercurynews.com/2023/10/27/pac-12-collapse-is-the-costly-san-ramon-production-studio-an-asset-or-liability/amp/

bearister
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They quit broadcasting hoop when the contract with the Goodyear blimp camera crew expires.
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