Sinclair Broadcast Group will purchase 21 regional sports networks from the Walt Disney Company for $9.6 billion, the two companies announced
The deal values the networks at $10.6 billion, after adjusting for minority equity interests.The move bolsters Sinclair , which operates one of the largest networks of local television stations in the country. Sinclair has drawn criticism for pushing a conservative political worldview in its newscasts and programming decisions.Sinclair previously tried to acquire Tribune Media, but the deal was ultimately called off after it was scrutinized by regulators.
The deal would give Sinclair the exclusive rights to 42 professional teams spanning Major League Baseball, the National Basketball Association, and the National Hockey League. The networks carry professional and non-professional sports for regional markets across the country, including Arizona, Oklahoma, Wisconsin and the Carolinas. Under the deal, Sinclair will also acquire Fox College Sports.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Sinclair Broadcast Group is buying 21 regional sports networks from DisneyWalt Disney Co., which inherited the channels as part of its $71 billion deal for much of 21st Century Fox, had hoped to recoup as much as $20 billion for the regional sports networks, including Prime Ticket and Fox Sports West in LA. But a frenzied bidding war failed to materialize.
Lire la suite »
Sinclair Broadcast Group is buying 21 regional sports networks from Disney for $9.6 billionWalt Disney Co., which inherited the channels as part of its $71 billion deal for much of 21st Century Fox, had hoped to recoup as much as $20 billion for the regional sports networks, including Prime Ticket and Fox Sports West in LA. But a frenzied bidding war failed to materialize.
Lire la suite »
Disney is selling 21 regional sports networks to Sinclair in a $10.6 billion dealDisney was required to sell the networks to receive approval for its $71 billion acquisition of Fox's assets.
Lire la suite »
Sinclair to buy 21 regional sports networks from Disney at $10.6 billion valuationStocks rose Friday as data showed U.S. job creation was stronger than expected in April.
Lire la suite »
Disney, Sinclair have $10.6 billion deal for 21 regional sports networksSinclair Broadcast Group will get 21 regional sports networks in markets such as Detroit, LA and Miami from Disney in a deal valued at $10.6 billion.
Lire la suite »
21 Questions I Have After Watching The Latest 'Game Of Thrones' Episode21 Questions 'Game Of Thrones' Needs To Answer About The Latest Episode, 'The Long Night'
Lire la suite »
21 Hotels And Airports That Are Straight-Up Living In 301921 Hotels And Airports That Are Lightyears Ahead Of Everybody Else
Lire la suite »
Opinion | I asked Twitter to choose among the 21 Democrats. Here’s what I found.It was Harris then Warren or Warren then Harris. More often that not, I noticed a Harris-Warren-Biden troika.
Lire la suite »
We Need To Talk About Gwendoline Christie's Fashion Game Because DAMNGwendoline Christie's Fashion Game Is Incredible And Here Are 21 Looks That Prove It
Lire la suite »