Amazon & Sinclair Are Reportedly in Talks to Jointly Buy 21 Fox Sports Networks

As part of the deal to get Department of Justice approval for the Disney-Fox merger there was a requirement that the Fox regional sports networks would be sold off. When Disney closes on the sale of most of 21^st Century Fox, they need to sell off the regional sports networks currently running under the Fox Sports name. There was a fear that Disney owning ESPN, ABC, and the Fox regional sports networks would give them too much power in the world of sports.

Now, according to reports from Fox Business, Sinclair is the lead bidder for most of 21^st Century Fox’s regional sports networks. Now it is reported by the New York Post that Amazon is in talks with Sinclair to team up for a joint ownership of the 21 Fox regional sports networks. According to a source who talked with the NY postAmazon and Sinclair are close to a deal.

It is also being reported that MLB is also in talks with Sinclair to get a minority partnership with Sinclair for ownership of the Fox regional sports networks.

Fox regional sports networks and Yes Network air 44 professional teams including teams from the MLB, NBA, and NHL. The company that buys FOX’s regional sports networks will have great power over the future of streaming sports.

According to reports, the bidding is coming to a close, and we should know soon who won ownership of Fox RSN soon.

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