Tag: Sinclair
-
Sinclair Announces New Shows Coming to Comet, CHARGE!, & TBD For Free Including ‘Law & Order: Criminal Intent,’ ‘America’s Funniest Home Videos,’ & More
Today Sinclair announced new deals to bring popular hit shows like Law & Order Criminal Intent, America’s Funniest Home Videos, and more to their popular free broadcast TV networks Comet, CHARGE!, and TBD. “These networks are on a roll as viewers continue to leave cable TV networks in search of new entertainment options such as…
-
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.…
-
As Bally Sports Prepares for Bankruptcy, We Explain Why
Last week it was reported that Sinclair was preparing to declare bankruptcy in their sports division. Back in 2019, Sinclair purchased Fox Regional Sports networks for $10.6 billion from Walt Disney. This sale was one of the final steps to allow Disney to complete its purchase of 21st Century Fox. For Sinclair, though, things got…
-
Sinclair to Soft Launch DTC Streaming App Bally Sports+ June 23
Sinclair’s long-awaited direct-to-consumer streaming app, Bally Sports+ is gearing up for a soft launch, according to a new report from John Ourand of Sports Business Journal. The regional sports network streaming service will debut on June 23, and as previously reported, the app will soft launch in five markets serving the following MLB teams: Kansas…
-
Bally Sports DTC Streaming App Is Expected to ‘Soft Launch’ in Q2, Price Still Hasn’t Been Confirmed
Sinclair Broadcasting Group held its earnings call for Q4 2021 and discussed the future of their Bally Sports regional sports network direct-to-consumer streaming service. Industry insiders projected that the monthly subscription for the app would cost around $23 per month, but Sinclair CEO Chris Ripley denied that pricepoint in an interview. During the conference call…
-
Weekend Wrap-Up: Netflix’s Price Hikes, Roku’s Live TV Zone, and More
Before the week ended, Netflix revealed that it’s raising pricing on all its tiers, from Basic to Premium. Meanwhile, Roku added a new section dedicated to Live TV content to its familiar menus, and Sinclair continued its push to develop its own sports streaming service. Here’s what happened in the world of cord cutting and…
-
SBJ: Sinclair Projects 975,000 Subscribers As Best-Case Scenario for DTC Streaming Service
More details about Sinclair Broadcasting’s plans to launch a direct-to-consumer streaming service have been announced. The company presented to investors that it projects, in a best-case scenario, the company’s DTC streaming service will have 975,000 paying subscribers by the end of 2022 according to a report by John Ourand from Sports Business Journal. The projected…
-
Sinclair and the NBA Reach Digital Rights Agreement for 16 Teams
Last week, we reported that Sinclair was closing in a deal to secure streaming rights for NBA games. Today, the deal has come into fruition as the company announced a slam dunk as it has, through its Diamond Sports Group subsidiary (the technical owner of Bally Sports RSNs), renewed its extended market and digital rights…
-
Report: Sinclair Set to Secure NBA Streaming Rights, Receives $600M for Streaming App
Sinclair’s sports network unit, Diamond Sports Group, the subsidiary which technically owns Bally Sports RSNs, is close to securing a deal to stream NBA games, according to a report by Bloomberg. The subsidiary is expected to secure $600M in funding to support the long-awaited streaming app, which is expected to launch in the first half…
-
The NHL & Sinclair Reach Multi-Year Digital Rights Agreement, Including Direct-to-Consumer
Sinclair Broadcasting Group announced today that their Diamond Sports Group subsidiary, the technical owner of Bally Sports RSNs, has reached a multi-year agreement with the NHL to continue its digital and outer market distribution rights. The renewal allows Bally Sports to “offer streaming content, including live games, on an authenticated and direct-to-consumer (DTC) basis, to…