Tag: Bally Sports
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Comcast May Drop Bally Sports This Week & DIRECTV May Drop The Network Next Month As Their Contracts Are Up For Renewal
Bally Sports’ parent company, Diamond Sports Group, is in a tough fight for survival. The company, stuck in the middle of bankruptcy proceedings, needs to strike some major deals and create a go-forward plan by court-ordered deadlines. Now the network needs to reach a deal with Comcast and DIRECTV or it may be dropped by…
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Sinclair, J.P. Morgan Seek To Dismiss $1.5 Billion Bally Sports Lawsuit
Sinclair Broadcast Group and J.P. Morgan filed motions to dismiss the $1.5 billion lawsuit from bankrupt Diamond Sports Group, which manages the Bally Sports regional cable networks. In August, Diamond alleged that the decisions Sinclair made to pay back its creditors “milked” the company out of $1.5 billion in much-needed funds. Diamond also sued J.P.…
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Bally Sports Needs To Pay About $560 Million Or Lose 14 NBA Teams TV Rights
Bally Sports’ parent company, Diamond Sports Group, is in a tough fight for survival. The company, stuck in the middle of bankruptcy proceedings, needs to strike some major deals and create a go-forward plan by court-ordered deadlines. Now it needs to make payments to 14 NBA teams or risk losing TV rights to these teams.…
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Bally Sports & The NHL LA Kings Agree To a New TV Deal In The Middle of Bankruptcy
Today Bally Sports’ parent company, Diamond Sports Group, announced a deal with the Los Angeles Kings for a multi-year renewal of its TV deal to air local LA Kings games. Fans of the LA Kings will find the games on Bally Sports or streaming through Bally Sports+ online. “We are thrilled to extend our longstanding…
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Bally Sports Ends National Desk Broadcasts & Lays Off Staff As It Tries to Cut Costs
Last week, Bally Sports made some major changes to its network and laid off eight staff from its national desk staff. This comes as Bally Sports said they will be focusing more on local programming. This means multiple Bally Sports employees have been laid off and the end of some studio programming from Bally Sports…
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Sinclair Wants $147 Million From Bally Sports Or It Will Stop Managing The Network
The story of the Bally Sports bankruptcy is getting more interesting by the day. Recently Bally Sports’ parent company Diamond Sports, sued its parent company, Sinclair, arguing that decisions made by Sinclair have cost the network over $1.5 billion. Now Sinclair has filed with the court demanding that Bally Sports pay the $147 million it…
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Bally Sports Sues Sinclair & Argues It Costs Them Over $1.5 Billion
The story of the Bally Sports bankruptcy is getting more interesting by the day. Recently Bally Sports’ parent company Diamond Sports, agreed not to pay the Diamondbacks as it returned the team’s TV rights to the MLB. Now Diamond has sued its parent company, Sinclair arguing that decisions made by Sinclair have cost the network…
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Bally Sports Asks For Court-Ordered Mediators To Help As It Negotiates With DIRECTV, Comcast, Spectrum, NBA, NHL, & Debtors
Bally Sports’ parent company Diamond Sports Group is in a tough fight for survival. The company, stuck in the middle of bankruptcy proceedings, needs to strike some major deals and create a go-forward plan by court-ordered deadlines that are coming up as soon as September 30. On Tuesday, the regional sports network has asked the…
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Bally Sports May Lose NHL TV Rights If a Deal Is Not Reached Soon
Once again, Bally Sports is facing the real risk of losing TV rights to sports teams if a deal is not reached soon with the NHL. This summer, Bally Sports lost rights to two MLB teams, with the Padres and Diamondbacks both not being paid. They have also lost to the NBA Phoenix Suns recently…
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DIRECTV & DIRECTV STREAM May Lose Bally Sports RSNs This Year if A Lower Deal Can’t Be Reached
Bally Sports may soon face a major setback as one of the few streaming services to carry its RSNs and one of its largest TV partners could be dropping them this year. Yesterday, DIRECTV made a filing to the judge overseeing the bankruptcy of Bally Sports’ parent company Diamond Sports in response to a requested…