Nashville's $1.6B valuation flat as local media fragmentation deepens

At $1.6B, Nashville sits at the NHL median but shows zero YoY growth. That stasis matters because local media economics drive franchise value in markets without national scarcity. The Predators need consolidated broadcast reach to monetize the market. Instead, they're adding another platform to a fragmented ecosystem. Scripps is building a local sports network portfolio — but for Nashville, the deal signals difficulty consolidating local rights into a single revenue stream.