WHY THIS MATTERS:The next wave of piracy has reached the shores of the pay TV industry, and it's shaping up to be possibly the biggest, most threatening one yet. Call it Video Piracy 3.0: a sophisticated flotilla of pirates who can deliver movies, TV shows and linear digital TV feeds that have been snatched somewhere in the complicated distribution chain and relayed directly to consumers who are willing to take big risks just to save a buck.
WHY THIS MATTERS:The 21,000-square-foot facility, called ESPN Seaport District Studios, houses two primary studios, a radio/podcast studio, and an "Insert Studio" that will be used to support talent inserts for ESPN's shows and platforms.
WHY THIS MATTERS:Stocks in the pay TV sector have been taking a beating for the past three months, with the bruising especially harsh on the two newest issues in the industry: Altice USA and WideOpenWest.