Chicago Sun-Times

Kenney: Time right for new TV rights

- BY GORDON WITTENMYER Staff Reporter

Two massive media mergers that could be completed this year might have the Cubs in the right place at the right time to capitalize on the “game- changer” TV- rights deal business operations president Crane Kenney has talked about for years.

“It’s a great time to be us,” Kenney said Saturday, outlining how the pending AT& TTime Warner and Disney- Fox mergers might affect the Cubs’ ability to optimize bidding for broadcast and streaming rights starting in 2020.

“The encouragin­g signs are this: more bidders in the marketplac­e than ever, which is good for an auction; our ratings are obviously up, which is good for us,” he said. “What is interestin­g, though, is you’re seeing Disney, who wants control of local [ rights], who never really played in the local [ rights business], buying the Fox regionals.”

Kenney said the streaming distributi­on platforms such as Amazon and Facebook also are part of a market for Cubs rights that has grown dramatical­ly just in the past year.

He said the team needs to wait until at least one of the mergers is finalized to take the next step toward seeking bids for potentiall­y multiple distributi­on deals. But Kenney doesn’t want to go into 2019 without a partner lined up, “so something probably happens this year.”

If the Cubs are successful, it could have a domino effect in the market, with Kenney saying the team is “probably 80 percent inclined” to leave its NBC Sports Chicago partnershi­p with the Bulls, Blackhawks and White Sox.

“We like controllin­g our own destiny,” he said. “You start adding partners, it becomes a little more complicate­d.”

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