Rainbow has sold its Lifeskool and Sportskool VOD products through separate deals, an unsurprising development considering previous layoffs of about 20 or so people who worked for the pair and Cablevision‘s recent vetting of properties amid Sundance Channel‘s integration and a desire to boost its share price. Offering how-to/ent programming covering numerous categories, the nets were rebranded in Feb ’07. Entrepreneurs Joe Covey and Matthew Davidge picked up Lifeskool, which they will operate under the nets’ previous Mag Rack Ent moniker. Sportskool was acquired by Grace Creek Media, which will work with USA Today Live on instructional videos for the net. RBC Daniels advised Rainbow in the Grace Creek transaction. Financials weren’t disclosed. The new owners will take over current VOD distribution deals. Dan Ronayne, evp & gm of Lifeskool and Sportskool, will remain with Rainbow, but his role has not been announced. Now we’re left wondering what happens to Voom?

The Daily


No Olympics Travel for ESPN

Sports giant ESPN says it’s sitting out sending staff to China for the Winter Olympics due to COVID-19 concerns.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up


Jan 28
Cablefax 100 – 2022 Nominations Due: January 28, 2022
Mar 11
The FAXIES 2022Entry Deadline: March 11
Apr 1
Cablefax Top Ops – 2022Nominations Due: April 1, 2022
Jun 3
The Diversity List – 2022Nomination Deadline: June 3
Aug 12
Most Powerful Women – 2022Nominations Due: August 12
Full Calendar


Seeking an INDUSTRY JOB?

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.