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In general, this is bad news for horse racing, as well as a couple of other sports I care a lot about (track and field, hockey, auto racing), because the reality is that only some of the former NBCSN stuff is going to be on USA, with a lot of it eventually moving to streaming.
And it's a bad trend for the television industry. NBC invested a lot of money in NBCSN. They bought a channel that already existed on many cable systems and probably paid a lot of money for that real estate on the cable dial. They signed numerous deals to obtain content for the channel. And they constantly promoted it on the network.
The failure of sports channels like this is going to disproportionately hit "minor" sports whose products aren't usually attractive enough to make it onto the networks or ESPN.
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