News Corp. has closed on an agreement to buy 49 percent of YES Network from the New York Yankees and the team’s equity partners, with the option to increase that stake to 80 percent in coming years. News Corp. and its Fox Sports subsidiaries are already extensive rightsholders in baseball, both for national broadcasts on […]
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News Corp. negotiating majority share in YES Network
News Corp. is negotiating a deal to buy 66 percent of the YES Network, with the New York Yankees retaining its minority share and the network’s investors selling out to Rupert Murdoch and crew. To say there’s a cozy relationship between MLB and News Corp. via Fox is an understatement: many teams receive a large […]