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Disney - FOX deal likely to consummate by "mid-2019"
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Wedge Offline
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Post: #181
RE: Disney - FOX deal likely to consummate by "mid-2019"
08-23-2019 11:40 PM
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ICThawk Offline
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Post: #182
RE: Disney - FOX deal likely to consummate by "mid-2019"
Sinclair (and group) completed the purchase of the former Fox RSNs from Disney on Friday.

https://www.broadcastingcable.com/news/s...s-networks
08-24-2019 12:47 AM
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solohawks Online
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Post: #183
RE: Disney - FOX deal likely to consummate by "mid-2019"
Up next on the Sinclair wishlist are the AT&T RSNs (Pitt, Houston, Rocky Mountains, Seattle)
08-24-2019 09:29 AM
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MWC Tex Offline
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Post: #184
RE: Disney - FOX deal likely to consummate by "mid-2019"
If Sinclair wants ATT's RSNs that could put some interesting issues with the MW TV negotiations going on.
08-24-2019 10:07 AM
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GTFletch Offline
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Post: #185
RE: Disney - FOX deal likely to consummate by "mid-2019"
The RSN brands acquired by Sinclair are: Fox Sports Arizona, Fox Sports Detroit, Fox Sports Florida, Fox Sports Sun, Fox Sports North, Fox Sports Wisconsin, Fox Sports Ohio, SportsTime Ohio, Fox Sports South, Fox Sports Carolina, Fox Sports Tennessee, Fox Sports Southeast, Fox Sports Southwest, Fox Sports Oklahoma, Fox Sports New Orleans, Fox Sports Midwest, Fox Sports Kansas City, Fox Sports Indiana, Fox Sports San Diego, Fox Sports West, and Prime Ticket. Also included in the acquisition is Fox College Sports.

Sinclair now becomes a big player in the regional sports business. It also is starting the Marquee Network with the Chicago Cubs and it owns the Tennis Channel. Sinclair is also interested in looking at the regional sports networks owned by AT&T. Those networks are in Seattle, Pittsburgh, Colorado and the Southwest.

The RSNs were acquired via a newly formed, indirect subsidiary of Sinclair, Diamond Sports Group, LLC.B yron Allen has agreed to become an equity and content partner in a newly formed indirect subsidiary of Sinclair and an indirect parent of Diamond (“RSN Holding Company”). Allen, who bought The Weather Channel in 2018, is the founder, chairman, and CEO of Entertainment Studios.

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https://www.broadcastingcable.com/news/s...s-networks
(This post was last modified: 08-24-2019 12:15 PM by GTFletch.)
08-24-2019 12:14 PM
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Transic_nyc Offline
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Post: #186
RE: Disney - FOX deal likely to consummate by "mid-2019"
Quote:Walt Disney Co. has sold its stake in a regional sports outlet devoted to New York Yankees baseball, effectively ridding itself of a passel of TV-sports properties it acquired as part of its recent $71.3 billion buy of the bulk of 21st Century Fox.

Disney said Thursday that it sold its 80% interest in YES to an investor group that includes the Yankees, Sinclair Broadcast Group, Amazon and RedBird Capital, among others. The baseball team controls the other 20% of the media outlet, and the deal values the Disney stake at $3.47 billion.

Disney’s deal to buy Fox came with a mandate for the company to sell off Fox’s interests in 22 different regional sports networks. Sinclair bought 21 of them in a recently completed deal.

https://variety.com/2019/tv/news/disney-...203318654/
(This post was last modified: 08-30-2019 07:28 PM by Transic_nyc.)
08-30-2019 07:27 PM
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