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John Malone: Sports Costs Out Of Control

Los Angeles Times | by TVNewsCheck

Add cable industry pioneer and Liberty Media Chairman John Malone to the growing list of people who think sports programming costs are out of control. “We’ve got runaway sports rights, runaway sports salaries and what is essentially a high tax on a lot of households that don’t have a lot of interest in sports. The consumer is really getting squeezed, as is the cable operator.”