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The FOX RSN sale via Disney and your local NBA/NHL team
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PirateTreasureNC Offline
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Post: #1
The FOX RSN sale via Disney and your local NBA/NHL team
https://variety.com/2018/biz/news/disney...202859241/

I wonder what this means for the FOXRSNs that televise nearly all your local NHL and NBA teams. I wonder who will bid for those networks? CBS, NBC, .... other?
07-27-2018 11:10 AM
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Wedge Offline
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Post: #2
RE: The FOX RSN sale via Disney and your local NBA/NHL team
Quote:In a statement, Disney said the Justice Department settlement called for the company to have 90 days from the closing of the Fox deal to sell off the RSNs.

Disney and Fox announced shareholder approval today and said the merger will be officially completed "in the first half of 2019". And they have 90 days after that date to sell the RSNs. Probably, they're already working on finding buyers for the RSNs and will announce those deals around the time the Disney-Fox deal closes.

Comcast/NBC already owns several RSNs. AT&T/DirecTV owns a few. Charter owns the Lakers and Dodgers RSNs. I'd guess that those three companies will be the buyers and that no one company will get all of the Fox RSNs.
07-27-2018 02:58 PM
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Wedge Offline
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Post: #3
RE: The FOX RSN sale via Disney and your local NBA/NHL team
Disney says that they have started talking to potential buyers of the Fox RSNs.

https://finance.yahoo.com/news/disney-ce...17027.html
08-08-2018 11:23 PM
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