It is almost inevitable that the PACN will be sold to a new entrant (e.g. Amazon, Google, Apple) in premium live sports production. Apple has reportedly already inquired and Amazon has hired a live sports production exec. The P12 schools need the cash badly. Scott will lose his job if that sale transpires.
The content quality that PACN produces is very good. What has killed them are the excessive operating expenses that Canzano describes as well as the network's distribution issues and lack of leverage as an independent operator.
If PACN is sold to a new entrant, that newbie will likely target the B12 as well in an alliance or merger scenario with the P12 to extend their primary geographic footprint and add premium content inventory. They would also likely bid on NFL rights. Given that the SEC and ACC are tied to the hip with ESPN/Disney for the foreseeable future and the B10 is primarily tied up to Fox/BTN, that leaves the P12 and B12 as legit available targets for a new entrant. And if a new entrant would acquire the P12/B12 rights, they could potentially sublicense OTA rights to CBS, who needs to replace their weekly SEC GOTW that is moving to ESPN/ABC.