Comcast Forms Cable Network With Chicago Blackhawks, Bulls, Cubs and White Sox
PHILADELPHIA, PA and CHICAGO, IL
Comcast SportsNet Chicago to Launch October 1, 2004 Number of Games Available on Television, Basic Cable Remains Unchanged
Comcast Cable, in conjunction with affiliates of the Chicago Blackhawks, Bulls, Cubs, and White Sox, today announced the formation of Comcast SportsNet Chicago, a new 24-hour regional sports network serving Chicago-area sports fans. The cable provider and the four sports teams will jointly own the network, which will launch on October 1, 2004. Financial terms of the transaction were not disclosed.
Comcast SportsNet Chicago will carry a total of 248 regular season games, as well as pre- and post-season games. The agreement provides that each team will offer the network the same number of regular season games required under its previous cable television agreement, including:
"Being a sports fan in Chicago is a full-time passion, and we look forward to providing first-class coverage of the goals, baskets, and runs that will define the Chicago sports experience in the seasons ahead," said Comcast Cable President Steve Burke. "Comcast is proud to bring its tremendous experience in providing quality cable television sports coverage to Chicago-area sports fans."
Comcast SportsNet Chicago will be the cable and satellite television provider for each team, and will include games offered in HDTV. Beginning October 1, 2004, the network will be available in approximately 1.5 million homes in the Chicagoland area on Comcast's expanded basic package, the cable provider's most popular level of service in the region. The network will also pursue carriage agreements with all of the other cable and satellite providers in the region, which could add an additional two million homes. Comcast will manage the network's daily operations and sales.
Comcast currently owns two regional sports networks: Comcast SportsNet, serving 2.9 million subscribers in the Philadelphia region; and Comcast SportsNet Mid-Atlantic, serving 4.3 million subscribers in the Baltimore/Washington D.C. region.
Headquartered in Philadelphia, Comcast Cable (www.comcast.com) is a division of Comcast Corporation (Nasdaq: CMCSA, CMCSK), a developer, manager and operator of broadband cable networks and provider of programming content. Operating in 17 of the United States' 20 largest metropolitan areas, Comcast is one of the leading communications, media and entertainment companies in the world. Providing basic cable, Digital Cable, high-speed Internet and telephone services, Comcast is the company to look to first for the communications products and services that connect people to what's important in their lives. The company's 55,000 employees, in six divisions, serve more than 21 million customers.
Chicago Blackhawks: Jim DeMaria 312-455-7060
Chicago Bulls: Steve Schanwald 312-455-4110
Chicago Cubs: John McDonough 773-404-4060
Chicago White Sox: Scott Reifert 312-674-5302