Tag: Bally Sports
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Bally Sports Cuts Costs and Cameras While Operating in Bankruptcy
Bally Sports RSN is cutting costs as well as cameras used to create extensive coverage of MLB games while operating in bankruptcy.
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Bally Sports is Willing to Give MLB Its TV Rights Back if It Can’t Pay
Bally Sports’ parent company Diamond Sports, has been in bankruptcy now for a few months, and a major hearing is scheduled next week. During that hearing, a Judge will decide how much Bally Sports must pay MLB teams during its bankruptcy. Now though, we are getting some ideas of what Bally Sports is asking for […]
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Bally Sports Successfully Blocks The Phoenix Suns Deal to Stream Games For Free in Market
Last month the NBA Suns and the WNBA Mercury announced a deal with Gray Television that would put both teams’ games on broadcast TV and streaming for free online. Previously both teams had deals with the RSN Bally Sports. Now Bally Sports says this deal breaks their contract and violates bankruptcy law. Now, the Judge […]
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Bally Sports Drove Sinclair’s Revenues Down 40% in The First Quarter of 2023
Sinclair is continuing to struggle with the ownership of Diamond Sports, the parent company of Bally Sports. Today they reported their first quarter 2023 earnings that saw revenues down 40% from the year before. Sinclair reported revenue was down 40% to $773 million. This is down from $1,288 million in the same period of 2022. […]
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Bally Sports Says The NBA Suns Deal to Stream Games For Free Breaks Bankruptcy Laws
Yesterday the NBA Suns and the WNBA Mercury announced a deal with Gray Television that would put both teams’ games on broadcast TV and streaming for free online. Previously both teams had deals with the RSN Bally Sports. Now Bally Sports says this deal breaks their contract and violates bankruptcy law. A statement made by […]
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Bally Sports Must Pay 50% of What it Owes to 4 MLB Teams In First Major Bankruptcy Ruling
This week there was the first major ruling in the bankruptcy case involving bally sports’ parent company Diamond Sports. At issue here was Bally Sports’ failure to make payments to 4 MLB teams. Now Judge Christoper Lopez, who is overseeing Diamond Sports’ bankruptcy has ruled that Bally Sports must pay 50% of what it owes […]
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Bally Sports May Lose TV Rights to Some MLB Teams As Soon as May 6th
Earlier this week, Bally Sports’ parent company failed to make an important payment to the Reds. This starts a 15-day grace period for Bally Sports to make the payment or lose rights to the Reds games on May 6th, 2023, according to Sports Business Journal. If that happens starting May 6th, the MLB will have […]
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3 Cord Cutting Stories You Should Know About For April 14th 2023
Welcome to our new quick cord cutting roundup, breaking down three of the biggest cord cutting stories every weekday. Each day we cover a wide range of cord cutting stories, but this quick breakdown of the three biggest will make sure you won’t miss out on what is happening in the world of cord cutting. […]
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Bally Sports Wants MLB Teams to Agree to Lower Payments
Bally Sports parent company Bally Sports is in bankruptcy, and now they want to use that to pay some MLB teams less than their contract says they should. According to a report from The Athletic, Bally Sports wants to cut what they pay the Arizona Diamondbacks, Cleveland Guardians, and Minnesota Twins. In total, Sinclair owes […]
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MLB Demands Bally Sports Make Missing Payment or Terminate Its Contact in Emergency Court Filing
The Bally Sports bankruptcy case just got interesting as yesterday MLB filed an emergency motion to demand that Bally Sports’ parent company Diamond Sports, pay the Twins and Guardians. In this emergency filing, MLB is asking that Diamond Sports be forced to make the missed payment to the Twins and Guardians or terminate the contracts, […]