Tag: Bally Sports
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FanDuel Sports Network Receives Court Approval of Reorganization Plan
Diamond Sports Group, which operates as the FanDuel Sports Network, has announced that the company’s plan to emerge from Chapter 11 bankruptcy protection was approved by the United States Bankruptcy Court for the Southern District of Texas. In the coming weeks, DSG will complete its restructuring process to satisfy conditions and move forward with its…
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Bally Sports Is Now Officially FanDuel Sports Network
The 16 Bally Sports Regional Sports Network are now officially the FanDuel Sports Networks as announced on the company’s X, (formerly Twitter) page. Last week, it was reported that the Bally Sports RSNs, the nation’s leading provider of local sports, would be rebranded on October 21. Fans can still expect their MLB, NBA, and NHL…
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Bally Sports’ Regional Sports Networks Plummet in Value, Losing Nearly $20 Billion in Six Years
The regional sports network (RSN) industry is facing a dramatic decline, with Diamond Sports Group’s portfolio of Bally Sports networks losing a staggering amount of value in just six years. According to CNBC analyst Mike Ozanian, the equity valuation of these networks has plummeted from $20 billion in 2018 to a mere $600 million today.…
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Bally Sports Rebrands Regional Networks as FanDuel Sports Network
Diamond Sports Group, the owner of a vast network of regional sports channels, and FanDuel, a leading online gaming company, have joined forces in a sweeping commercial partnership that will significantly reshape the sports media landscape. This collaboration will bring a new name and a host of integrated features to Diamond’s 16 regional sports networks…
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Bally Sports RSNs Will Be Rebranded as FanDuel TV Pending Court Approval
Diamond Sports Group, the embattled broadcaster of Bally Sports regional sports networks (RSNs), is undergoing yet another transformation. Just as the NHL season gets underway and the NBA season approaches, the company announced a new naming rights deal with FanDuel, the prominent sports betting platform owned by Flutter Entertainment. This marks the third name change…
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Bally Sports Loses 3 More MLB Teams
Major League Baseball (MLB) is further solidifying its control over local broadcasts, announcing on Tuesday that it will produce and distribute games for the Cleveland Guardians, Milwaukee Brewers, and Minnesota Twins starting in the 2025 season. This move comes as Diamond Sports Group, the nation’s largest owner of regional sports networks, continues to navigate bankruptcy…
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Bally Sports Drops TV Rights to 2 More MLB Teams As Its Bankruptcy Continues
Editor’s Note: An earlier version of this story misstated the number of teams that would be dropped in 2025. That is currently up in the air. Diamond Sports Group, the owner of the Bally Sports regional sports networks, has announced a downsizing of its Major League Baseball coverage. The company, currently broadcasting games for 12…
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NBA Says RSN Model Is “Broken,” What’s Next As More Teams Head to OTA Channels
As consumer viewing habits change, the NBA puts future gains ahead of short-term losses as the league strategies its media future. While speaking at the NBA Board of Governors Press Conference last week, NBA Commissioner Adam Silver gave insight into how the league is approaching its future local game broadcasts, with what he says is…
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Amazon in Talks to Become New Streaming Home for Select MLB, NBA, and NHL Teams From Bally Sports
In a potential game-changer for sports fans, Amazon is reportedly in talks to take over the in-market streaming rights for several Major League Baseball (MLB), National Basketball Association (NBA), and National Hockey League (NHL) teams currently broadcast by Bally Sports. This news comes just weeks after Amazon reportedly walked away from a $115 million deal…
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Bally Sports Is Striking Out With MLB After Scoring New Deals With NBA & NHL
Last week, Diamond Sports Group, the parent company of Bally Sports, was able to retain rights to the majority of NHL and NBA teams that air on their Regional Sports Networks (RSNs). That agreement didn’t include the future broadcast rights for the Dallas Mavericks and New Orleans Pelicans. For their part, last season, 8 Pelicans…