Obviously, the Apple streaming deal in isolation - and as described so far - ain't gonna fly with most of the PAC9. But the below article piqued my interest - Disney is hemorrhaging money and is looking for "strategic partners" (if not a buyer) for ESPN:
(Bloomberg) -- Walt Disney Co. asked Kevin Mayer and Tom Staggs, two executives once in the running to replace Bob Iger as chief executive officer, to help it evaluate strategic partners for its ESPN sports networks.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance...
finance.yahoo.com
Know who's got gazillions to buy ESPN? Apple. Suppose - just suppose - GK knows a few things about Apple's plans and is telling the PAC9 "yeah, this is gonna suck for now. But in a couple of years, Apple will buy ESPN, the PAC9 will be comfortably in the ESPN ecosystem and our problems will be solved".
This presumes GK is playing 5D chess while guys like Rick George and Yormark are playing "Hungry, Hungry Hippos". But - BUT - it could explain the silence coming out of Arizona and elsewhere in the wake of yesterdays presentation.
Just throwing it out.