Tag: Diamond Sports Group
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FanDuel Sports Networks Emerges from Chapter 11 Bankruptcy & Its Parent Company Gets a New Name
Diamond Sports Group has successfully emerged from Chapter 11 bankruptcy, rebranding itself as Main Street Sports Group. The restructuring process has significantly reduced the company’s debt and positioned it as a more financially sustainable entity within the competitive sports media landscape. Main Street Sports Group, previously burdened with approximately $9 billion in debt, now operates…
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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’ Deal With Guardians, Twins, and Rangers Won Bankruptcy Court Approval
Bally Sports, the embattled regional sports network attempting to climb its way out of bankruptcy, made some headway when a federal bankruptcy judge approved its deal to broadcast Cleveland Guardians, Minnesota Twins, and Texas Rangers games through the end of the 2024 season. The deal was approved by Judge Christopher Lopez on Friday. On Monday,…
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MLB Commissioner Targets 2025 Season For League-Owned Streaming Service
Major League Baseball Commissioner Rob Manfred said he wants to launch a league-owned direct-to-consumer streaming service for the 2025 baseball season. “Realistically, my target to having a digital package I can take to market would be for the ’25 season,” Manfred said at an owners meeting in Florida, according to The Athletic (paywall). MLB.tv already gives…
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DIRECTV and Bally Sports Headed to Court Over Carriage Fee Dispute
Diamond Sports Group, the parent company of embattled regional sports network Bally Sports, is heading back to bankruptcy court and taking DIRECTV with it, according to TV Answer Man. Diamond Sports argued DIRECTV owes it past carriage fees for carrying San Diego Padres and Arizona Diamondback games. Diamond alleges that DIRECTV was contractually required to…
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Bally Sports Has a Savior? Amazon Reportedly Looking at Investing in the Troubled Sports Network
Bally Sports, the regional sports network trying to work its way out of bankruptcy, may be getting a lifeline from Amazon. Amazon is in talks to invest in Bally Sports’ parent, Diamond Sports Group, in a deal that could bring the network’s games onto the online retail giant’s streaming service, according to The Wall Street…
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MLB Says It Expects Bally Sports To Cancel One Team’s TV Contract Soon
This week, the MLB asked the court overseeing Bally Sports’ bankruptcy to push the regional sports network to offer a new TV contract for its teams. In that filing, we learned that the league is expecting Bally Sports to drop at least one team after the end of the 2023 season. This comes as Bally…
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Bally Sports Confirms It Will Carry Lightning Games as Clock Ticks on Bankruptcy
In a rare bright spot for Bally Sports, the regional sports network confirmed that its Florida-based Bally Sports Sun local station will broadcast 71 Lightning games during the 2023-24 NHL season, according to a joint statement from the team and network. It’s a potential lifeline for Bally Sports and its parent company, Diamond Sports, which…
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Arizona Coyotes Breaks From Bally Sports, Will Televise Games Over the Air For Free Through Scripps
The Arizona Coyotes are breaking from regional sports network Bally Sports and moving to television over the air with a new deal with Scripps Sports. The NHL team said on Thursday that it had struck a multi-year deal with Scripps to televise games locally. The games will air on Antenna TV on Channel 15.2 (KNXV.2),…
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Bally Sports May Break From MLB To Save Itself
With the Bally Sports in the middle of bankruptcy proceedings and just day away from needing to present a plan to reorganize itself, the regional sports network may break from the MLB in an effort to save the overall business. That’s according to Sportico, which cited “a few people who are tangentially plugged into the…