Makko National Sports Network: Difference between revisions
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{{Infobox company | {{Infobox company | ||
| name = Makko National Sports Network | | name = Makko National Sports Network | ||
| logo = MNSN_Logo.png | | logo = MNSN_Logo.png | ||
| type = {{wp| | | type = {{wp|Private broadcaster}} | ||
| industry = {{wp|Broadcasting}} | | industry = {{wp|Broadcasting}} | ||
| fate = | | fate = Declared bankruptcy; Bought by [[Vollent Communications]] | ||
| predecessor = | | predecessor = | ||
| successor = <!-- or: | successors = --> | | successor = <!-- or: | successors = --> | ||
| founded = {{Start date and age|2002|10|13}} | | founded = {{Start date and age|2002|10|13}} | ||
| founder = | | founder = Loree Eades | ||
| defunct = | | defunct = {{End date and age|2023|09|19}} | ||
| hq_location_city = | | hq_location_city = | ||
| hq_location_country = | | hq_location_country = | ||
| area_served = {{flag|Makko Oko}} | | area_served = {{flag|Makko Oko}} | ||
| key_people = | | key_people = | ||
| services = {{wp|Television}} | | services = {{wp|Television}} | ||
| owner = | | owner = | ||
Line 22: | Line 24: | ||
}} | }} | ||
'''Makko National Sports Network''', also known as MNSN, | '''Makko National Sports Network''', also known as MNSN, was the defacto and only sports {{wp|private broadcasting}} company in the [[Makko Oko|Empire Of Makko Oko]] until they declared bankruptcy and got bought out on September 19th, 2023. | ||
==History== | ==History== | ||
===Founding Of MNSN=== | |||
The inception of the Makko National Sports Network came about after the official construction of the Joria National Stadium was completed, and was founded by Loree Eades on October 13th, 2002. Loree founded MNSN with the express purpose of being able to use televisions as a way to give people an option to watch sports that happen at the stadium, from the comfort of their own home. The first channel, back then named just "MNSN", launched on TV providers the same day. | |||
The launch was widely successful, garnering half a million subscribers within the first 6 months of operation. Content first broadcasted on MNSN include live sporting events, exclusive interviews with players and after-event recaps and talks. The most successful content at the time, were the live sporting events and the exclusive interviews. | |||
===Addition Of MNSN2 & Government Support=== | |||
MNSN had been doing fairly well, being the only sports network in the nation for over a decade, and much like [[Makko Oko Box Office|MKBO]], saw a need to add in a time synchronization channel, which is where MNSN2 came in. MNSN2 launched on June 11th, 2004, as a later-broadcast channel of the flagship and primary MNSN channel. | |||
By 2005, MNSN had a reach of 29 million subscribers, and at the time, was one of the biggest TV networks in the nation by subscriber count. This caught the government's attention, previously being more known as a small-time broadcaster, now garnering national attention and praise. The Makko Okoan Government, under President Gary Taormina, saw to it to give MNSN public funding and help expand it to 100% of the population. In a statement made to the Makko Okoan Republic at the time, Gary Taormina said "With this funding, we hope to make sports one of the most popular past times of the republic, and everybody should be joining along with this." | |||
CEO and Founder Loree Eades, however, did not wish to expand so quickly, and while MNSN took the funding, used it towards improving content uniqueness and for obtaining broadcasting deals and rights for things such as sports-related movies and TV shows. The total funding allotted to MNSN amounted to $630M SLO's over a period spanning 3 years. | |||
===Expansion Into Stocks & Retirement Of Loree Eades=== | |||
MNSN by this point had been the most successful TV network in the nation, hitting a specific demographic that allowed them to surpass MKBO in subscribers. With the government now dipping its foot into funding MNSN and its expansion plans, Loree Eades thought it was time to go public to get an even greater expansion of programs aired, and on February 25th, 2008, MNSN had been officially listed on the Jorian Stock Exchange (JSE) as MNSN, the same acronym as the company itself, with initial stock counts decided by the securities regulator to be a whopping 8 million shares, the largest initial stock count to be granted on record. | |||
People en masse from within and outside had bought stock in MNSN, knowing that it would achieve profits on the daily. A year later on December 22nd, 2009, Loree Eades had officially announced her retirement from MNSN as CEO and would be departing the company immediately. When the Makko Okoan Republic questioned her on her sudden departure, she had said "I'm leaving MNSN because it's just my time. I have more money than I know what to do with, and I can retire comfortably, and live, knowing that I started one of the most successful companies in Makko Oko". Her replacement had been Morris Nantz, previously the Vice President Of Partnerships at MNSN. | |||
===The War & MNSN's Future=== | |||
With MNSN now at the helm of somebody new, everybody was concerned regarding if the profitability would stay, and risk-averse people quickly dipped out of the stocks on MNSN, dropping MNSN's share price 6,500%. The cascading action was a downturn in programming quality and also constant scrutiny from the securities regulator. For the most part, nothing had changed, with the share price slowly restabilizing and the risk-averse people slowly coming back to the company. | |||
That all changed when the [[Civil Transition War]] hit, which some say out of the largest companies in the nation at the time, MNSN was hit the hardest. With the war a constant worry, people no longer cared for sports programs, and international sports teams and even domestic sports teams, wouldn't play within the nation during the war, which only further dwindled the company's life. | |||
On December 19th, 2018, with the war having no end in sight, MNSN, and in turn, Morris Nantz, declared bankruptcy and shutdown operations, which was the only large company to effectively shutdown due to the war. Well over 400,000 jobs were lost to the bankruptcy, in addition to MNSN being delisted from the Jorian Stock Exchange (JSE). | |||
===MNSN's Revival=== | |||
After the [[Civil Transition War]] ended, in an attempt to bolster and restore the economic strength of the nation, the new government saw to it to bring back MNSN as temporarily government-owned until such time that they could operate independently, and the road was quite rocky, but ultimately in 2020, the government declared MNSN's independence from them, and as such restarted operations fully, as if the war had never occurred, but by that point, reputation damage had occurred that led to an aversion to play games within the nation. | |||
The first CEO since the war was Marshall Bruner, who to this day is still the CEO of MNSN. He saw how badly the war affected everything, and refused to relist MNSN on the stock exchange, which by this point was no longer the JSE. This would end up slightly helping the company in its redevelopment, but would also negatively affect their profits and revenue at the same time. | |||
When the government banned all contact sports in 2022, MNSN started seeing negative profits and revenue, akin to the time of the war, and Marshall Bruner knew he had to do something, and so, created the idea of the eSports Network, or ESN, which was an instant hit. | |||
===MNSN's Buyout Attempt=== | |||
In July and August of 2022, [[Makko Oko Box Office|MKBO]] signaled their intention to buy out MNSN and merge it into MKBO. MNSN had been open to the buy out, and OBC later joined in on the process, bidding against MKBO, with the bid exceeding $700M SLO's. Later, on August 19th, 2022, MKBO officially pulled out of the buy out talks with MNSN with no detailed reason as to why, besides citing internal reasons, and MNSN later themselves pulled themselves away from all buy out attempts, including OBC's, the same day. | |||
==Channels== | ==Channels== | ||
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==Programming== | ==Programming== | ||
===Boxing & Other Fighting Programs=== | |||
MNSN has refused to air any boxing or other fighting program or event (ex. MMA), and also refuses to consider them official sports. In 2021, MNSN CEO Marshall Bruner said to the Sports Certification & Regulation Committee that "fighting is merely a crime. It's never been, and never will be, a sport.". In recent years, advocates have tried to get that refusal overturned, with no success. | |||
==See Also== | ==See Also== | ||
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{{Makko Oko Navigation Box|state=expanded}} | {{Makko Oko Navigation Box|state=expanded}} | ||
[[Category:Makko Oko]] | [[Category:Makko Oko]] | ||
[[Category:Makko Okoan Businesses]] |
Latest revision as of 04:52, 20 September 2023
This article is incomplete because it is pending further input from participants, or it is a work-in-progress by one author. Please comment on this article's talk page to share your input, comments and questions. Note: To contribute to this article, you may need to seek help from the author(s) of this page. |
Private broadcaster | |
Industry | Broadcasting |
Fate | Declared bankruptcy; Bought by Vollent Communications |
Founded | October 13, 2002 |
Founder | Loree Eades |
Defunct | September 19, 2023 |
Area served | Makko Oko |
Services | Television |
Website | mnsn.com.mk |
Makko National Sports Network, also known as MNSN, was the defacto and only sports private broadcasting company in the Empire Of Makko Oko until they declared bankruptcy and got bought out on September 19th, 2023.
History
Founding Of MNSN
The inception of the Makko National Sports Network came about after the official construction of the Joria National Stadium was completed, and was founded by Loree Eades on October 13th, 2002. Loree founded MNSN with the express purpose of being able to use televisions as a way to give people an option to watch sports that happen at the stadium, from the comfort of their own home. The first channel, back then named just "MNSN", launched on TV providers the same day.
The launch was widely successful, garnering half a million subscribers within the first 6 months of operation. Content first broadcasted on MNSN include live sporting events, exclusive interviews with players and after-event recaps and talks. The most successful content at the time, were the live sporting events and the exclusive interviews.
Addition Of MNSN2 & Government Support
MNSN had been doing fairly well, being the only sports network in the nation for over a decade, and much like MKBO, saw a need to add in a time synchronization channel, which is where MNSN2 came in. MNSN2 launched on June 11th, 2004, as a later-broadcast channel of the flagship and primary MNSN channel.
By 2005, MNSN had a reach of 29 million subscribers, and at the time, was one of the biggest TV networks in the nation by subscriber count. This caught the government's attention, previously being more known as a small-time broadcaster, now garnering national attention and praise. The Makko Okoan Government, under President Gary Taormina, saw to it to give MNSN public funding and help expand it to 100% of the population. In a statement made to the Makko Okoan Republic at the time, Gary Taormina said "With this funding, we hope to make sports one of the most popular past times of the republic, and everybody should be joining along with this."
CEO and Founder Loree Eades, however, did not wish to expand so quickly, and while MNSN took the funding, used it towards improving content uniqueness and for obtaining broadcasting deals and rights for things such as sports-related movies and TV shows. The total funding allotted to MNSN amounted to $630M SLO's over a period spanning 3 years.
Expansion Into Stocks & Retirement Of Loree Eades
MNSN by this point had been the most successful TV network in the nation, hitting a specific demographic that allowed them to surpass MKBO in subscribers. With the government now dipping its foot into funding MNSN and its expansion plans, Loree Eades thought it was time to go public to get an even greater expansion of programs aired, and on February 25th, 2008, MNSN had been officially listed on the Jorian Stock Exchange (JSE) as MNSN, the same acronym as the company itself, with initial stock counts decided by the securities regulator to be a whopping 8 million shares, the largest initial stock count to be granted on record.
People en masse from within and outside had bought stock in MNSN, knowing that it would achieve profits on the daily. A year later on December 22nd, 2009, Loree Eades had officially announced her retirement from MNSN as CEO and would be departing the company immediately. When the Makko Okoan Republic questioned her on her sudden departure, she had said "I'm leaving MNSN because it's just my time. I have more money than I know what to do with, and I can retire comfortably, and live, knowing that I started one of the most successful companies in Makko Oko". Her replacement had been Morris Nantz, previously the Vice President Of Partnerships at MNSN.
The War & MNSN's Future
With MNSN now at the helm of somebody new, everybody was concerned regarding if the profitability would stay, and risk-averse people quickly dipped out of the stocks on MNSN, dropping MNSN's share price 6,500%. The cascading action was a downturn in programming quality and also constant scrutiny from the securities regulator. For the most part, nothing had changed, with the share price slowly restabilizing and the risk-averse people slowly coming back to the company.
That all changed when the Civil Transition War hit, which some say out of the largest companies in the nation at the time, MNSN was hit the hardest. With the war a constant worry, people no longer cared for sports programs, and international sports teams and even domestic sports teams, wouldn't play within the nation during the war, which only further dwindled the company's life.
On December 19th, 2018, with the war having no end in sight, MNSN, and in turn, Morris Nantz, declared bankruptcy and shutdown operations, which was the only large company to effectively shutdown due to the war. Well over 400,000 jobs were lost to the bankruptcy, in addition to MNSN being delisted from the Jorian Stock Exchange (JSE).
MNSN's Revival
After the Civil Transition War ended, in an attempt to bolster and restore the economic strength of the nation, the new government saw to it to bring back MNSN as temporarily government-owned until such time that they could operate independently, and the road was quite rocky, but ultimately in 2020, the government declared MNSN's independence from them, and as such restarted operations fully, as if the war had never occurred, but by that point, reputation damage had occurred that led to an aversion to play games within the nation.
The first CEO since the war was Marshall Bruner, who to this day is still the CEO of MNSN. He saw how badly the war affected everything, and refused to relist MNSN on the stock exchange, which by this point was no longer the JSE. This would end up slightly helping the company in its redevelopment, but would also negatively affect their profits and revenue at the same time.
When the government banned all contact sports in 2022, MNSN started seeing negative profits and revenue, akin to the time of the war, and Marshall Bruner knew he had to do something, and so, created the idea of the eSports Network, or ESN, which was an instant hit.
MNSN's Buyout Attempt
In July and August of 2022, MKBO signaled their intention to buy out MNSN and merge it into MKBO. MNSN had been open to the buy out, and OBC later joined in on the process, bidding against MKBO, with the bid exceeding $700M SLO's. Later, on August 19th, 2022, MKBO officially pulled out of the buy out talks with MNSN with no detailed reason as to why, besides citing internal reasons, and MNSN later themselves pulled themselves away from all buy out attempts, including OBC's, the same day.
Channels
MNSN currently operates 3 national television channels and no international channels. All channels are available for a charge as defined by the television provider in question, with the channels being available on all providers.
MNSN 1 (The First)
- MNSN's primary and flagship channel, MNSN 1. It was launched along with the company itself, and broadcasts all kinds of sports content.
MNSN 2 (The Second)
- MNSN's secondary channel, MNSN 2, broadcasts the same thing as MNSN 1 except on a later time, meaning it broadcasts what MNSN 1 showed earlier, in case anybody missed it.
The eSports Network
- MNSN's newest and most popular channel, the eSports Network is the only channel to not follow the MNSN branding, and broadcasts strictly eSports games and programs, including popular gaming videos and commentary from online. eSports is not shown on MNSN 1 or 2, and this channel is considered to be somewhat separate from MNSN.
Former Services
MNSN used to have an online service and website, but it shut down in April of 2022 due to dwindling funding, and it couldn't be upkept.
Programming
Boxing & Other Fighting Programs
MNSN has refused to air any boxing or other fighting program or event (ex. MMA), and also refuses to consider them official sports. In 2021, MNSN CEO Marshall Bruner said to the Sports Certification & Regulation Committee that "fighting is merely a crime. It's never been, and never will be, a sport.". In recent years, advocates have tried to get that refusal overturned, with no success.