I am only in this because the Los Angeles sports video which was launched with the network is that good.

Details according to Forbes:

In a continuation of the massive growth of sports programming options, the Southern California area will see the launch of not one, but two new regional sports networks through Time Warner Cable beginning today. Time Warner Cable will launch Time Warner Cable SportsNet, as well as the first-ever all Spanish language RSN, Time Warner Cable Deportes. The networks will be the new exclusive local homes of the Los Angeles Lakers, LA Galaxy and Los Angeles Sparks, as well as cover Mountain West football and basketball, in addition to soccer and boxing programming on Time Warner Cable Deportes.

The launch of the two RSNs highlights the explosion in media rights for sports over the last several years. The reported 20-year, $4 billion deal is wide-ranging and covers the rights to distribute all locally available pre-season, regular season, and post-season Lakers games, beginning with the 2012-2013 season. All Lakers games will be produced in high definition in English & Spanish.