Build a specialized live-sports network funded by advertising and affiliate fees

Acquire valuable live-sports rights, distribute the resulting network through pay-TV operators, and charge recurring fees per subscriber in addition to advertising revenue. Use must-have live events and long-term rights contracts to create pricing leverage over distributors.

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From AcquiredDisney: The Renaissance and the Empire at 01:07:31

Problem: A programming network needs predictable revenue to fund expensive sports rights and can otherwise become dependent on advertising or pay distributors merely to carry its channel.

For: Sports fans who want live games and highlights, and pay-TV distributors that need compelling programming to attract and retain subscribers.

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