Launched in Aug. 2012, the networks have reached a point in their life cycle, according to several industry analysts, when they should be growing incrementally or holding steady. Instead, they’re losing audience.
But after six payout cycles, the networks have yet to even hit the low end of the expected range, according to financial information obtained by the Hotline.
Highest paid commisioner and MEDIA head hasn’t even met the low end goal pitched to the presidents.