![]() In 2001, Fox sold its 30.9% stake in Golf Channel, as well as its stake in Outdoor Life Network, to minority owner Comcast, as part of a larger transaction by Fox to acquire Comcast's stake in Speedvision. In 2002, Golf Channel lost its rights to the main PGA Tour, but gained rights to the developmental Buy.com Tour. To boost their availability, Golf Channel reached an agreement with Fox Sports Networks (FSN) to air simulcasts of the coverage. įrom 1999 to 2001, Golf Channel would hold part of the PGA Tour's cable rights for early-round coverage. In 1996, Fox Cable Networks acquired a minority stake in the channel for $50 million. Originally a premium channel with limited subscribers, it retooled in September 1995 to be part of basic-tier pay TV to reach more viewers and ratings rapidly increased. The first live tournament the channel televised was the Dubai Desert Classic, held January 19–22. With the support of the polling behind him, Gibbs and legendary golfer Arnold Palmer then secured $80 million in financing from several cable television providers (including Adelphia Communications Corporation, Cablevision Industries, Comcast, Continental Cablevision, Newhouse, and the Times Mirror Company) to launch the network, which was among the first subscription networks developed to cover one singular sport.Īnnounced in February 1993, the launch date was targeted for May 1994 and it was launched on January 17, 1995, with a ceremonial flip of the switch by co-founder Arnold Palmer. Gibbs felt there was enough interest in golf among the public to support such a network, and commissioned a Gallup Poll to see if his instincts were correct. Gibbs of Birmingham, Alabama, who first thought of such a concept in 1991. ![]() The idea of a 24-hour golf network came from media entrepreneur Joseph E. Some of these associated properties operate from the network's former home of Orlando, Florida.Īs of September 2018, Golf Channel is available to approximately 70.3 million pay television households (76.2% of households with cable) in the United States. Via the Golf Channel unit, Comcast also owns other golf-related businesses, including the course reservation service GolfNow, online golf instruction provider Revolution Golf, and the World Long Drive Championship. Since 2016, it has also participated in NBC's coverage of the Summer Olympics, focusing on its golf competitions. It is the cable television rightsholder of the PGA Tour, LPGA Tour, and PGA European Tour, and also holds rights to selected USGA tournaments and the NCAA Division I golf championships. The channel focuses on coverage of the sport of golf, including live coverage of tournaments, as well as factual and instructional programming. Founded in Birmingham, Alabama, it is currently based out of NBC Sports' headquarters in Stamford, Connecticut. Golf Channel (also verbally referred to as simply Golf) is an American sports television network owned by the NBC Sports Group division of NBCUniversal, a subsidiary of Comcast. (downscaled to letterboxed 480i for the SDTV feed)
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