Stan Kroenke, one of the most powerful owners in professional sports, is going to war with Comcast over the way the cable giant has allegedly bullied one of his regional sports networks. On Monday, Kroenke's Altitude Sports filed an antitrust complaint in Colorado related to a negotiating impasse that has prevented Comcast's subscribers from seeing most Denver Nuggets and Colorado Avalanche games.
In the past few months, Altitude has battled various distributors including DirecTV and Dish in the negotiating room, and inability to settle on fees has led to blackouts, which of course, has the negotiating parties pointing fingers. "During the same fifteen years of the relationship between Comcast and Altitude, Comcast has acquired independent RSNs all over the country in order to reduce competition for the licensing of sports programming," states the complaint. "Comcast has also engaged in a series of large mergers and acquisitions that strengthen its control over multichannel television distribution in the Denver DMA and around the country.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: CNN - 🏆 4. / 95 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: seriouseats - 🏆 410. / 53 Read more »