As the inevitable happened with Diamond Sports Group filing for Chapter 11 bankruptcy last night, the broadcast futures of the 14 MLB teams whose rights are held by the Sinclair Sports subsidiary still remains unclear. (more…)
Tag Archives | Bally Sports RSNs
Diamond Sports skips interest payment, will review future options
Sinclair Broadcasting’s Diamond Sports Group LLC subsidiary is skipping $140 million cash in interest payments due today, while announcing it would spend the next 30 days reviewing its strategic options. (more…)
MLB preps for Sinclair bankruptcy restructuring
We could see a drastic overhaul of MLB’s broadcast revenues with a potential Sinclair bankruptcy filing, as the firm looks at a $8.6 billion debt restructuring that could interrupt and decrease team payments. (more…)
Seismic shift in sports streaming possible with Diamond Sports liquidation
We may see a seismic shift in sports streaming if Sinclair Broadcast Group ends up liquidating 21 regional Bally Sports networks, with talks between the firm and three major sports leagues, including MLB, reportedly beginning next week. (more…)
MLB streaming set for huge reset?
With Sinclair’s RSNs in flux, ESPN potentially spun off by Disney and MLB exploring a new direct-to-consumer service allowing for home-market broadcasts, Major League Baseball’s streaming plans could come in for a long-awaited overhaul. (more…)
Get used to watching your favorite MLB teams on Bally Sports
Sinclair Broadcasting is reportedly addressing its financial woes by selling naming rights to the 21 Fox Sports networks it obtained from Disney to Bally’s Corp., creating the Bally Sports network. (more…)