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Adelphia folding Empire; Sabres land on MSG

Source: Buffalo News

'The Buffalo News reported earlier this month that Adelphia had rejected a $17 million offer for Empire from a group led by Buffalo native Joshua Pollack. Adelphia has told Empire employees that the network would be losing $10 million a year if the Sabres were playing, because of the rights fee of about $9 million it pays to the Sabres. The cable company also contended that the Pollack-led proposal would have been "worse than the status quo" because of requirements in it, but did not elaborate on the requirements.'

Related posts:

  1. End is near for Empire network
  2. Adephia rejects bid for Empire Sports unit
  3. NHL's labor limbo complicates Empire's future
  4. Sabres keep TV deal, Adelphia deciding where to show games
  5. Reporting depth would take big hit if Empire folded

Filed Under: SabresBeat

Buffalo News | Jan 20, 2005

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