The No. 3 U.S. pay TV provider, which controls just under 13 million bundled video subscriptions across its DirecTV satellite TV, DirecTV Stream and U-verse platforms called Diamond's fierce bankruptcy court battle with MLB "stupid and ultimately pointless," and failing to address Diamond's core business issues, namely the impacts of cord-cutting.
Further, DirecTV said it expects a reduction in the rate it has to pay the Sinclair Broadcast Group subsidiary, now that contracts for key pro Bally Sports team constituents -- namely baseball's San Diego Padres and Arizona Diamondbacks, and the NBA's Phoenix Suns -- have either been torn up amid Chapter 11 or have been allowed to expire.
DirecTV lamented the fact that it hasn't been immediately offered “immediate rate relief” for the loss of the teams from the Bally Sports umbrella.
Of note: Diamond's distribution contract with
DirecTV to carry the Bally Sports channels expire this fall, so does its carriage deal with the nation's No. 1 pay TV provider,
Comcast, which controls 15 million pay TV homes. The No. 2 pay TV operator
Charter Communications is set to expire this winter.
Link
https://www.nexttv.com/news/bally-sports...riage-wars